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08-31-2016, 03:01 PM #1
- Join Date
- Sep 2015
- Posts
- 58
#3rd Position- Aggressive Short Term Offer
Hi,
Im looking for a 3rd Position short term advance. Business is coming into it's peak season for sales Sept-March. I looking for 300K as the owner will be taking the business Direct to the Retail Market. I will provide more details, please PM me only if you have the ability to lend over 200K and in a 3rd position.
7.5-8 Mil Yearly Revenues
CA Deal
2 Current Balances (Daily and Weekly Payment)
10YIBLast edited by FunderGal; 08-31-2016 at 03:03 PM. Reason: Revenues
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08-31-2016, 03:11 PM #2
- Join Date
- Sep 2014
- Posts
- 720
Total Payments per Month (both positions combined) ๗ Average Monthly Revenue (after backing out non-revenue deposits) = ?
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08-31-2016, 03:30 PM #3
- Join Date
- Jun 2016
- Posts
- 416
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08-31-2016, 05:20 PM #4
- Join Date
- Sep 2015
- Posts
- 58
Ok, thanks. I'll keep that in mind.
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08-31-2016, 06:13 PM #5
- Join Date
- Mar 2016
- Posts
- 335
What is the business? We are in California.
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08-31-2016, 06:32 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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09-01-2016, 12:20 AM #7
- Join Date
- Apr 2014
- Posts
- 781
Marcus clapman...you would be the last option I would ever use. I've emailed you numerous times...you don't pickup phone..your underwriting team couldn't find the file then they did...quick stips??? You wasted my time for a week...it was like dealing with Benny hill show. No don't look into it to tell me why they aren't getting funded...also no excuses for a week of can't find file...underwriting busy. I'd of been better off funding it myself.
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09-01-2016, 12:16 AM #8
- Join Date
- Apr 2014
- Posts
- 781
How can you ask for a dollar amt..when banks..credit..history cone into play.
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09-01-2016, 10:05 AM #9
- Join Date
- Dec 2013
- Posts
- 4,713
I just PM'd you my cell phone # did you call my Direct Line 917 521 6528?... I am not sure who you are personally off your ScreanName but if you private message me I will also sign you an Account Executive that will be like your employee on my payroll. I believe everything your saying and need to get to the bottom of why this happened. 1 complaint is to many its a wake up call to me and will we get to the bottom and will make sure we can correct this for you Of course if you choose continue working with us, An ISO/Agents needs to feel they can rely on Funding House and it seems we clearly let you down.
Last edited by mcaguru; 09-01-2016 at 10:07 AM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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09-02-2016, 04:32 PM #10
- Join Date
- Aug 2016
- Posts
- 24
I PM'd You, I can do it
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09-07-2016, 04:32 PM #11
- Join Date
- Sep 2016
- Posts
- 16
Everyone says they can do it. Are any of you underwriters? Or do you have the money?
Mam, what you are looking forward is very difficult. Contact me.
I won't waste your time.
Eli
718.926.5331
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09-07-2016, 04:55 PM #12
- Join Date
- Mar 2016
- Posts
- 657
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09-07-2016, 04:33 PM #13
- Join Date
- Sep 2016
- Posts
- 16
Very difficult file. Contact me.
Eli
718.926.5331
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09-07-2016, 05:05 PM #14John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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09-07-2016, 05:51 PM #15
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
Steven Jones
davininc@outlook.com
davininc.com
2102904102
call me
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09-07-2016, 06:02 PM #16
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Based on 600k to 700k per month- with an average Gross Profit margin, the client would be eligible for a consolidation of approximately $1M over 18 MONTHLY payments..
Touch base if this is something the client would be interested in..
Richard 516 510 3855
Business Capital Consultants
775 Park Avenue Suite 255
Huntington, NY 11743
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09-08-2016, 09:17 AM #17
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Best option by far ^^^^^^
Now, for an aggressive short term (3-4 Months?) to be $300k - that really all depends on how leveraged they are now with the first two positions- which I am sure are high.
Question- Did the Owner specifically ask for another cash advance?
Do they understand that they are NOT going to get anything less than a 1.40? Add some commission toppings on that and your looking at an easy 1.50 over 3-4 months. Appx $5,000+ daily payment...
Do the other advance contracts have no stack clauses?
Are the people raising their hands to work on your file licensed in CA?Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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