Results 1 to 10 of 10
-
10-05-2016, 11:01 AM #1
Looking for the INSANE
Any funders are crazy enough to pay off 4 high risk lenders?
-
10-05-2016, 11:08 AM #2
-
10-05-2016, 11:31 AM #3
none that I know of. The banks that I used that did 3 really only will do 2 now.. The banks were burned too many times, they pay off the balances then these funders come right back and stack on the new advance.
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
-
10-05-2016, 11:36 AM #4
- Join Date
- Aug 2016
- Posts
- 831
if you do it with companies like funding circle. I do not think they can differentiate between what we will call A or high risk lenders.
-
10-05-2016, 11:44 AM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Depends upon the circumstances. If the client is self-inflicting financial pain on his business by taking out successive cash advances to pay off last month's advance, it would not fit for me. But if the client used the advances for a valid purpose (TBD) and can justifiably get along without future advances after a consolidation (yeah, I know, they all say they can but some actually can and do) then we might have a shot.
Feel free to send me the particulars and I can see if there is any meat on the bone for you. I'm booked with client interviews today so will be difficult to reach by phone, but could probably respond to email.
Best,
Dan Page
dan@fundingstrategypartners.com
Direct: (303) 938-8280
-
10-05-2016, 12:51 PM #6
Dan Page or myself
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
-
10-05-2016, 01:19 PM #7
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Our firm has arranged pay offs on as many as 13 positions- 9 I believe were high risk.
Senior Debt, revenue (and gross profit margin), prospects for growth, and collateral are the determining factors.
Feel free to touch base if you would like assistance..
Richard
rg@businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
-
10-05-2016, 04:00 PM #8
- Join Date
- Mar 2016
- Posts
- 335
What kind of business?
-
10-05-2016, 04:26 PM #9
- Join Date
- Jun 2016
- Posts
- 416
-
10-05-2016, 06:02 PM #10
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
term loans and consolidations
That's my wheel house!
Call me
Steven
Davincinc.com
2102904102