Results 1 to 7 of 7
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09-30-2016, 09:41 AM #1
$283k open looking to payoff and net
JUN $115k deposits, ending balance $80k
JUL $160k deposits, ending balance $75k
AUG $125k deposits, ending balance $30k
most recent position was taken early SEPT for $50k, fourth position
Looking to get this merchant into a better situation has 3 daily pays (total $1,500), and 1 weekly ($2k)John Yanity
352 Sonwil Drive | Buffalo, NY 14225
Direct Funder
Mobile (716) 710.1289
Fax (888) 848.0109
Email (john@fundingmerchantsource.com)
http://fundingmerchantsource.com/
A+ Rated with the BBB:
http://www.bbb.org/losangelessilicon...each-ca-268003
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09-30-2016, 12:39 PM #2
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
John,
I am a direct lender and do a lot of consolidations for clients with strong financials that want some cash flow relief.
According to my back of the envelope math, it looks like your client is paying about $40k monthly (adding up his daily/weekly pays). If we consolidated his balance over an eighteen month term, his payment would be about $20k monthly.
His payment would be monthly (not daily). Plus, at any time after six months he could pay us off and save a ton of additional money (no fees, penalties or interest charged).
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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09-30-2016, 12:51 PM #3
Reputation points: 26
- Join Date
- Jun 2015
- Posts
- 38
Hey John,
We can work out a payment plan that's works best for him for sure.
Contact me and let's see what we can do.
Kyle Readdick, CEO
Synergy Direct Funding
2525 Camino del Rio S
San Diego, CA 92108
p: [866]428-0172 | f: [888]372-6007
w: http://synergydirectfunding.com
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09-30-2016, 02:16 PM #4
If the borrower has real estate collateral with sufficient equity, WBL can lend up to 3X the borrower's monthly deposit volume.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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09-30-2016, 02:24 PM #5
sent to you dp working on gathering requested stips
John Yanity
352 Sonwil Drive | Buffalo, NY 14225
Direct Funder
Mobile (716) 710.1289
Fax (888) 848.0109
Email (john@fundingmerchantsource.com)
http://fundingmerchantsource.com/
A+ Rated with the BBB:
http://www.bbb.org/losangelessilicon...each-ca-268003
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09-30-2016, 08:19 PM #6
Reputation points: 10
- Join Date
- May 2016
- Posts
- 41
Hi. If you can briefly summarize his debt positions, I can get him a competitive quote. George Bloom Consulting. 772-285-6711.
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10-01-2016, 09:04 AM #7
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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