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  1. #1

    Anyone want to beat a pearl offer 200k

    I have a client who does 500k a month but had a small dip in September of $300k. They also have credit card for about 50 to 80 k. Client has solid operation but credit is a 9002. He is in the electronic business.

    He has contracts from Pearl for weekly payment for 200k but is looking for a bit more. Anyone willing to beat this asap by this Friday?

    Direct lenders only*

  2. #2
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    Quote Originally Posted by xpresscap View Post
    I have a client who does 500k a month but had a small dip in September of $300k. They also have credit card for about 50 to 80 k. Client has solid operation but credit is a 9002. He is in the electronic business.

    He has contracts from Pearl for weekly payment for 200k but is looking for a bit more. Anyone willing to beat this asap by this Friday?

    Direct lenders only*
    Our lending program is a NATIONWIDE platform with loan amounts ranging from $15,000 - $1,000,000. Financing can be achieved in as little as 48-hours, provided the level of comfort is there with the request.

    Note the following criteria's:

    Time in business > 2-years
    Business must be generating at least $1M annually (we will lend up to 10% of gross sales)
    Borrower's FICO must be over 620
    (No Construction, Adult Entertainment, Dispensaries) - deal must make sense!

    Terms: 1-4 Year (Daily, Weekly and Monthly)
    Rates: 10% - 30%+
    Points: 1-5 points (Broker)

    For $150,000- ---> 12 Month banks, Application (Your application is fine)

    For $150,000 + --> Application, 12 months banks, 2014/2015 Tax Return, YTD Financials, Debt Schedule. note* requests over $200,000 require real estate: (mortgage statement, tax bill, deed or most recent property valuation (BPO/Appraisal).

    There are other docs we'll need but with these documents I will have a decision within 24-48 hours.

    Let me know if I can be of assistance.

    Sean

  3. #3
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    Anyone want to beat a pearl offer 200k

    Depends...is it a 1.49?

  4. #4
    Sean, His credit is 9002 since he completed a Bk in the last year. And no real estate available.

    Won't work

  5. #5
    Quote Originally Posted by anydealfunded View Post
    Depends...is it a 1.49?
    Yes

  6. #6
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    Quote Originally Posted by anydealfunded View Post
    Depends...is it a 1.49?
    Lets not forget the nice fee on a 200k offer from pearl
    Tommy Stein

  7. #7
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    Anyone want to beat a pearl offer 200k

    I will look at this deal email me immediately!

    Henry@trustcapitalfunding.com

  8. #8
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    Also, can anyone clarify(did a quick search on the forums)...I haven't submitted a deal to Pearl in years(before the buyout)...do they actually do weekly? Sounds nothing like the model that they transformed into.
    Tommy Stein

  9. #9
    Senior Member Reputation points: 30475 Zach's Avatar
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    Anyone want to beat a pearl offer 200k

    Pearl is an awesome lender. Wouldn't surprise me a bit if they offered weekly for a high quality merchant.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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    How long has he been in Business??

  11. #11
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    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

  12. #12
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    Direct lender can offer consolidations or capital over 3M

    Reach out...

    Robert Varela
    VP - Business Development
    robert@instafundllc.com
    http://www.instafundllc.biz/
    122 E 42nd St., Suite 2112 New York, NY 10168
    Tel: (347) 658-1133
    Fax888) 259-5884

  13. #13
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    Quote Originally Posted by TStein View Post
    Also, can anyone clarify(did a quick search on the forums)...I haven't submitted a deal to Pearl in years(before the buyout)...do they actually do weekly? Sounds nothing like the model that they transformed into.
    It's not the kind of product they're looking to use, but if the merchant qualifies then sometimes they'll do a weekly payment
    I recently funded a couple of deals, one with a 2X's per week payment and one with a 3X's per week. I've also received approvals with weekly payments

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