Results 1 to 7 of 7
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11-01-2016, 05:59 PM #1
- Join Date
- Sep 2015
- Posts
- 34
Used Auto Sales- 2nd Position
I have a merchant that is depositing $1,500,000 to $2,250,000 per month. Daily balances are strong. The merchant has a 1st position of @ $150,000 with a perfect pay history and is seeking a large 2nd position. Direct Funders only please.
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11-01-2016, 06:03 PM #2
I messaged you, lets get this funded.
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11-01-2016, 06:42 PM #3
- Join Date
- Jun 2015
- Posts
- 38
Totally doable...message me and let's do this.
Kyle Readdick, CEO
Synergy Direct Funding
2525 Camino del Rio S
San Diego, CA 92108
p: [866]428-0172 | f: [888]372-6007
w: http://synergydirectfunding.com
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11-01-2016, 07:12 PM #4
With real estate collateral, WBL can offer up to $2MM for this borrower.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-02-2016, 10:57 AM #5
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
While we do deploy our own Capital (typically as a short term Bridge to a larger credit facility), we would act as an intermediary here. If the client ONLY has the MCA debt (which is likely NOT the case), the amount of Capital that can be arranged would be closer to $3M.
All in the details:
Industry type?
Gross Profit Margin?
Other Debt on Balance Sheet?
What is the anticipated use of funds?
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11-02-2016, 05:25 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
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11-07-2016, 01:33 PM #7
- Join Date
- Nov 2016
- Posts
- 14
How much are they seeking in the second position? Our rate starts at 5% and we are able to lend up to $5,000,000. We have short term and long term programs and our owners have 40+ years experience in cooperate business financing so we are very familiar with these types of situations. You can email, text or give me a call me if you have any questions, I would be happy to assist you. Have a great day.
email- john@verticalbizfunding.com
office- 201-258-7720 ext-412
cell- 201-563-9156
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