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11-30-2016, 08:40 AM #1
- Join Date
- Nov 2016
- Posts
- 7
Tricky Deal - Need to find a lender to fund this!
I have a merchant who on average is doing anywhere from 130k to 230k per month. He has two current mca loans out totaling about 90k. Has quite a few insufficient funds over the past few months. makes more the 10 deposits per month.
He's looking for a consolidation of the two loans and wants to net at least 40K. Or at the bare minimum he'll take 40k 3rd position.
I've gotten offers up to 117, but they won't work due to his balance being to high.
If anyone thinks they can help, shoot me and message and iso agreement and lets do some business.
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11-30-2016, 09:22 PM #2
What's his time in business and net income look like? If he has decent cash flow I would reach out to Dan Page. His handle on here is dpFund. He can go out to 18 months and has lower than MCA rates. If not, you can talk to RichardGerard or bdShaw, they always point me in good directions. Hope this helps.
Last edited by TB-Commercial; 11-30-2016 at 09:30 PM.
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11-30-2016, 10:13 PM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Tricky Deal - Need to find a lender to fund this!
Thanks TB.
what's their business
Bob
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11-30-2016, 11:46 PM #4
- Join Date
- Jun 2015
- Posts
- 51
fund it
I can fund that for you
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12-07-2016, 07:09 PM #5
- Join Date
- Sep 2014
- Posts
- 7
Hi im dave i will happy to try for you www.speedfund4@gmail.com
www.speedfund.net
you can call me after 11:00 am est 877-595-1773
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12-07-2016, 07:15 PM #6
- Join Date
- Nov 2014
- Posts
- 266
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