Restaurant 3 months TIB
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  1. #1

    Restaurant 3 months TIB

    Credit 560
    15-20k / month , September closed for most the month . Only 2k.
    Mostly CC Sales
    2 judgements for a total of 6k

    DL please PM me. Everyone else please advise best lender with best terms.
    Last edited by Loan Advisement; 09-30-2016 at 01:15 PM.

  2. #2
    Are the banks clean?

  3. #3
    Quote Originally Posted by cardinalequity View Post
    Are the banks clean?
    Yes , but Sept was closed most the month.

  4. #4
    Quote Originally Posted by Loan Advisement View Post
    Yes , but Sept was closed most the month.
    I'd wait a month unlikely this deal will fund. Is it still closed?

  5. #5
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    good chance Cresthill Capital would make an offer.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
    Quote Originally Posted by mcaguru View Post
    good chance Cresthill Capital would make an offer.
    Even if the business made 2k early on but then closed and might still be closed? lol

    His offer would be drastically different, if (operative word) the merchant can hold off and get revs back up he'll get more money.

  7. #7
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    Quote Originally Posted by mcaguru View Post
    good chance Cresthill Capital would make an offer.
    Good chance you would not. Dont peddle your **** here. You know nothing about your own programs. I just went through this exact scenario with you guys. Deal got declined this am, right before funding.

    4 months in business doing 10-15k a month. Had an offer from you guys for 8k.
    First you ask for POO of tax returns, on an 8k deal. Then at the last minute, you login into the banks and see that for Sept he only did 3k.
    That killed the deal.

    So your post is total bull****. you are saying that you guys would make an offer on a deal where he was closed for Sept?
    You are 100% wrong. You would never get it closed.
    Un ****ing believable.

  8. #8
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    Quote Originally Posted by skideeppow View Post
    Good chance you would not. Dont peddle your **** here. You know nothing about your own programs. I just went through this exact scenario with you guys. Deal got declined this am, right before funding.

    4 months in business doing 10-15k a month. Had an offer from you guys for 8k.
    First you ask for POO of tax returns, on an 8k deal. Then at the last minute, you login into the banks and see that for Sept he only did 3k.
    That killed the deal.

    So your post is total bull****. you are saying that you guys would make an offer on a deal where he was closed for Sept?
    You are 100% wrong. You would never get it closed.
    Un ****ing believable.
    You have to realize Marcus is on his own planet . Everything he says does not apply to humans on planet earth
    Like that he doesn't need month to date .
    Side note I still wonder what the cost is to buy admin soul to allow the lieing/misdirection to continue

  9. #9
    Not to get on Marcus because he's actually not a bad guy. However when someone immediately says they can make an offer before asking essential questions it's usually a waste of time and bs. (obviously)

  10. #10
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    I know we fund some of the toughest deals. However I MUST APOLOGIZE I did not realize he closed the business my ADD saw "close to 2K"

    """"""""15-20k / month , September closed for most the month . Only 2k.""""""""""""

    i was speed reading and will try to read closer the scenarios on the last day of the month when we are being slammed.

    So i saw merchant doing 15-20K a month and then 1 month close to 2K! so i made my comment good chance. i would never say good chance on someone closed.
    Last edited by mcaguru; 09-30-2016 at 03:44 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  11. #11
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    shocking

  12. #12
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    Quote Originally Posted by mcaguru View Post
    I know we fund some of the toughest deals. However I MUST APOLOGIZE I did not realize he closed the business my ADD saw "close to 2K"

    """"""""15-20k / month , September closed for most the month . Only 2k.""""""""""""

    i was speed reading and will try to read closer the scenarios on the last day of the month when we are being slammed.

    So i saw merchant doing 15-20K a month and then 1 month close to 2K! so i made my comment good chance. i would never say good chance on someone closed.
    You are what is wrong with this industry. No integrity. You dont give a **** about the merchant.

    Crawl up into the hole you came from you ass clown.

  13. #13
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    Oh hey Macus, i have drug den, they are dealing meth, heroin, and prostitutes. Retail store front. 3 years in business. They dont take credit cards and only do cash, but they dont have a bank account.

    I heard you could fund this?

  14. #14
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    Quote Originally Posted by mcaguru View Post
    I know we fund some of the toughest deals. However I MUST APOLOGIZE I did not realize he closed the business my ADD saw "close to 2K"

    """"""""15-20k / month , September closed for most the month . Only 2k.""""""""""""

    i was speed reading and will try to read closer the scenarios on the last day of the month when we are being slammed.

    So i saw merchant doing 15-20K a month and then 1 month close to 2K! so i made my comment good chance. i would never say good chance on someone closed.
    Oh, and by the way, my account was not closed, they did $3k in Sept, MTD, you declined it. So once again, you dont even understand your own programs.

  15. #15
    jotucker1983
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    Quote Originally Posted by Loan Advisement View Post
    Credit 560
    15-20k / month , September closed for most the month . Only 2k.
    Mostly CC Sales
    2 judgements for a total of 6k

    DL please PM me. Everyone else please advise best lender with best terms.
    - Any idea why September was closed for most of the month? Are they remodeling or moving or something?

    - Any idea what the judgments were in relation to? Was it some sort of fraud on behalf of the merchant or actual wrong-doing?

    If the judgments were not fraud based, are on a payment plan, and if the business doesn't have other issues like NSFs/Overdrafts.....then I would put this on hold and submit it around mid-December after October, November, and December are back in full swing. Or you could submit it towards late November, but the sales are going to have to be solid for October and November.

  16. #16
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    Marcus pls get act together.

  17. #17
    Member Reputation points: 262 John_FMS's Avatar
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    Quote Originally Posted by skideeppow View Post
    Good chance you would not. Dont peddle your **** here. You know nothing about your own programs. I just went through this exact scenario with you guys. Deal got declined this am, right before funding.

    4 months in business doing 10-15k a month. Had an offer from you guys for 8k.
    First you ask for POO of tax returns, on an 8k deal. Then at the last minute, you login into the banks and see that for Sept he only did 3k.
    That killed the deal.

    So your post is total bull****. you are saying that you guys would make an offer on a deal where he was closed for Sept?
    You are 100% wrong. You would never get it closed.
    Un ****ing believable.
    Submit to us instead. We will work with you as much as possible to get the deal closed w/o having you jump through hoops.
    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

  18. #18
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    Quote Originally Posted by skideeppow View Post
    Oh hey Macus, i have drug den, they are dealing meth, heroin, and prostitutes. Retail store front. 3 years in business. They dont take credit cards and only do cash, but they dont have a bank account.

    I heard you could fund this?
    Do you have the address of this den, I could do the site inspection.

  19. #19
    You guys are savages lol.

    So can anybody answer why it is they closed in September?

  20. #20
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    Quote Originally Posted by boundbygravity View Post
    You guys are savages lol.

    So can anybody answer why it is they closed in September?
    Sure, why is any business closed? Remodel? Slow month? Construction work out front?
    Fire? Gas leak. You name it, they come up with it.

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