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09-30-2016, 12:58 PM #1
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- Sep 2016
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- 21
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.
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09-30-2016, 12:59 PM #2
- Join Date
- Nov 2014
- Posts
- 266
Are the banks clean?
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09-30-2016, 01:15 PM #3
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- Sep 2016
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- 21
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09-30-2016, 01:17 PM #4
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- Nov 2014
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- 266
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09-30-2016, 01:27 PM #5
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- Dec 2013
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- 4,713
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
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09-30-2016, 01:33 PM #6
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- Nov 2014
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- 266
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09-30-2016, 02:26 PM #7
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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.
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09-30-2016, 02:49 PM #8
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- Jun 2015
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- 3,326
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09-30-2016, 02:58 PM #9
- Join Date
- Nov 2014
- Posts
- 266
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)
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09-30-2016, 03:38 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
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
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09-30-2016, 03:48 PM #11
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
shocking
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09-30-2016, 05:02 PM #12
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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09-30-2016, 05:13 PM #13
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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?
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09-30-2016, 05:24 PM #14
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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09-30-2016, 06:52 PM #15jotucker1983Guest
- 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.
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10-01-2016, 08:10 PM #16
- Join Date
- Apr 2014
- Posts
- 781
Marcus pls get act together.
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10-03-2016, 09:21 AM #17John 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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10-03-2016, 10:53 AM #18
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10-03-2016, 12:46 PM #19
- Join Date
- Oct 2016
- Posts
- 25
You guys are savages lol.
So can anybody answer why it is they closed in September?
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10-05-2016, 11:05 AM #20
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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