URGENT FUNDING NEEDED TODAY EVEN! $50k+ Gas Station/Store Deal in Canada w/ Judgment
Need a Funder or Vendor? START HERE

Results 1 to 13 of 13

Hybrid View

  1. #1
    Member Reputation points: 166
    Join Date
    Nov 2014
    Location
    NYC
    Posts
    21

    Quote Originally Posted by Karen37a View Post
    In french? En Francis? Parlex vous francis?qui peut lire le francais. I barely passed. I can sing oh Canada because of the Rangers in front of the Lenders if that will that help.

    Very few Lenders will fund/lend in Canada to begin with ..Principis does, do not know if they will help you and in no way shape or form is that being done in 1 business day.
    Just curious, why very few lenders working in Canada? Thanks.

  2. #2
    Senior Member Reputation points: 43599 brokerCompany's Avatar
    Join Date
    Aug 2015
    Location
    CALIFORNIA
    Posts
    947

    Its a freaking different country get a map. LOL
    Canadian banks suck

    Quote Originally Posted by Natan View Post
    Just curious, why very few lenders working in Canada? Thanks.

  3. #3
    Senior Member Reputation points: 20465 Fundyman's Avatar
    Join Date
    Dec 2013
    Posts
    713

    Quote Originally Posted by brokerCompany View Post
    Its a freaking different country get a map. LOL
    Canadian banks suck
    Gat damn it... I wish your replies had to do w/ a damn solution instead of discussing why the ****ty court system in Quebec makes it almost impossible to fund anything there! Is there NO ONE ELSE? lol

  4. #4
    Member Reputation points: 166
    Join Date
    Nov 2014
    Location
    NYC
    Posts
    21

    That is a very short-sighted response, best of luck.

    Thanks for the other insights, credit/court systems/currency.

  5. #5
    Senior Member Reputation points: 20465 Fundyman's Avatar
    Join Date
    Dec 2013
    Posts
    713

    Quote Originally Posted by Natan View Post
    That is a very short-sighted response, best of luck.

    Thanks for the other insights, credit/court systems/currency.
    I can tell you, btw why very few lenders from here work with merchants in Canada. The banks out there don't wanna be bothered with daily ACH processing. They don't like it. If you can find those that do & establish relationships with them, you then have to deal with the merchants actually using THOSE banks. So it's sort of a catch22. Then, you have the lenders who will avoid that altogether, but can only fund MCA product off credit cards.

    It's just a pain they don't feel like getting involved with altogether. As far as Quebec, the reason why you'll hardly find any lenders who fund out there is because there are too many loopholes that protect merchants in case of default; especially if those merchants happen to have female owners (don't ask...)

Similar Threads

  1. Replies: 1
    Last Post: 08-12-2015, 12:15 PM
  2. Funding of 100k needed for CANADA company
    By CapitalGroupFinancial in forum Deal Bin
    Replies: 2
    Last Post: 06-12-2015, 07:17 PM
  3. GAS Station, w// Diner, & Connivence store attached
    By mrmcfadden in forum Deal Bin
    Replies: 2
    Last Post: 05-19-2015, 06:21 PM
  4. Convenience Store/Gas Station 2 1/2 months TIB
    By upperlinecap in forum Deal Bin
    Replies: 5
    Last Post: 01-14-2015, 01:47 PM
  5. Gas station and convenience store
    By AlexSMF in forum Deal Bin
    Replies: 4
    Last Post: 01-12-2015, 07:00 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

eCapital welcomes new CFO
Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool


DIRECTORY