Restoration Roofer/Contractor - $100K REV
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  1. #1

    Restoration Roofer/Contractor - $100K REV

    Merchant has open balance of $6K, looking for $50K-$100K 1st position over a 9 - 15 month term, $100K Monthly revenue, relatively clean bank, 1 - 2 negative days per month,$10K-$15K ADBs, 625 credit

    PM if interested.

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    I think everyone would love this deal.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
    Spot on Zachary!

  4. #4
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    Quote Originally Posted by CM@StoneFunding View Post
    Spot on Zachary!
    I disagree . No cares about 1-2 negative days If he didn't have a balance . The fact that he did means he technically defaulted with the miss of those payments and it's a whole new ballgame .
    If has real estate your best bet is Zach

  5. #5
    He did not miss payments, he did overdraft at times, but the payments cleared. He does not have any real estate.

  6. #6
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    sent you a pm

  7. #7
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    Zach answered first he should win the deal
    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

  8. #8

  9. #9
    I PM'd You

  10. #10
    Please give me a call when you get a chance at 646 930 4338. Would like to take a look at this deal. We don't run credit. Thanks

    Nathan Roth-- direct lender
    Empire funding 1022 Avenue M
    Brooklyn NY 11230
    Direct (646-930-4338)
    email:nathan@empirefunding.com

  11. #11
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by RCN View Post
    Merchant has open balance of $6K, looking for $50K-$100K 1st position over a 9 - 15 month term, $100K Monthly revenue, relatively clean bank, 1 - 2 negative days per month,$10K-$15K ADBs, 625 credit

    PM if interested.
    Why are you coming on here looking for help? what are you NOT telling us...that your current list of funders told you?

  12. #12
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Chambo View Post
    Why are you coming on here looking for help? what are you NOT telling us...that your current list of funders told you?
    has to be something we dont know because I dont know a single bank that wouldn't do that deal

    My money is on criminal background or NAMAA match
    John 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

  13. #13
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    i am in shock from you two , any time he has a current loan and there is nsf whether covered or not . it makes it more difficult . it shows he couldn't handle the payments . now if he happened to be on a 3 month deal and is eligible for a 9-15 month , you have a story to sell

  14. #14
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    Quote Originally Posted by RCN View Post
    Merchant has open balance of $6K, looking for $50K-$100K 1st position over a 9 - 15 month term, $100K Monthly revenue, relatively clean bank, 1 - 2 negative days per month,$10K-$15K ADBs, 625 credit

    PM if interested.
    Not sure I can beat this first position offer but I can come in with a second position if merchant can't net enough on position #1.

  15. #15
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    Restoration Roofer/Contractor - $100K REV

    You might consider an underlying line of credit secured with are probably accounts receivables from casualty insurance companies.
    Bob Shaw
    rshaw@delanceyfunding.com
    734-929-3800

  16. #16
    No criminal issues or NAAMA match. He has 625 credit, but has been declined by a couple of my banks due to credit. He has something a few derogatory items in his credit report that are old, which are causing the declines. He will not take a 2nd position nor will he take a short term deal. He got himself into a bad situation with a broker that lied to him and put him into 2 positions which killed his cash flow in February - March. Missed a couple payments, but paid one position off and is almost done with the other. He learned from the issue and does not want a payment that will put him in a bad situation, hence why he is looking for 9-15 months. I am a smaller 2 man shop, and only work with 5 banks total. When they did not approve him for what he needs and is willing to take, I came on here to find him a home.

  17. #17
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Michael I View Post
    i am in shock from you two , any time he has a current loan and there is nsf whether covered or not . it makes it more difficult . it shows he couldn't handle the payments . now if he happened to be on a 3 month deal and is eligible for a 9-15 month , you have a story to sell
    1 or 2 negative days isnt gonna stop this guy from getting 50k+ there has to be more then that going on
    John 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

  18. #18

    Restoration Roofer/Contractor - $100K REV

    Quote Originally Posted by RCN View Post
    Merchant has open balance of $6K, looking for $50K-$100K 1st position over a 9 - 15 month term, $100K Monthly revenue, relatively clean bank, 1 - 2 negative days per month,$10K-$15K ADBs, 625 credit

    PM if interested.
    Shoot me a call this is definitely something we can work with.714-450-1283

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