Results 1 to 6 of 6
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10-21-2016, 11:31 AM #1
- Join Date
- Mar 2016
- Posts
- 908
Business going Out of season
I have a merchant who runs a pizza shop grossing around 80-100k during busy season. ( Spring / Summer )
Has an existing balance with Rapid for 30k. Average daily balances during the off season is 20k+.
Does anyone know where i can send a file like this too? Also, someone who is willing to hop rapids 1st pos?
ty.
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10-21-2016, 11:37 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill-Mantis would be happy to take a look
Expect extremely fast offers with fewest stips while paying double digit commission.
We added a few changes that can have submission-to-funding go fast and smooth.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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10-21-2016, 11:52 AM #3
- Join Date
- Jul 2016
- Location
- Los Angeles, CA
- Posts
- 21
Principis would be able to help you. I just got a great offer from them for a seasonal business that was going into slow season. My in-house funding would also take a look at seasonal and do structured payments, as long as daily balance is as you say. Feel free to send me a PM or give me a call.
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10-21-2016, 12:59 PM #4
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10-21-2016, 01:14 PM #5
- Join Date
- Jul 2016
- Location
- Los Angeles, CA
- Posts
- 21
Just to clarify to Chambo, I was talking about taking first position with Principis or with my in house funding and wouldn't be stacking them.
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10-21-2016, 01:20 PM #6
- Join Date
- Mar 2016
- Posts
- 908
Getting the merchant paid off and netting the remainder is always the best bet. However, when Rapid declines a renewal for reasons beyond my understanding and a merchant is in dire need of capital, i as his rep will look for other options.
"Also, someone who is willing to hop rapids 1st pos?" is a simple Question. Not a direction i am taking.
Happy Friday Folks.
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