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12-07-2016, 09:28 AM #1
- Join Date
- Nov 2014
- Posts
- 76
Bail Bond Business
What if any A/B Paper funders are currently funding this industry type?
Owner FICO above 650.
Doing about $180k per month in deposits with healthy avg daily balance. Current Kabbage balance around $90k that merchant prefers to keep in place. Looking for a deal with at least 9 months on payback.
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12-07-2016, 09:38 AM #2
Credibly
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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12-07-2016, 11:32 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Great industry...they are from the lowest risk merchants to fund. Some may be wondering but its blacklisted by so many funders...I am not responsible for funding companies pasting and copying others funders restricted industries lists that go way back to when funding was done off credit card splits and the Payment processing Companies restricted Bail Bonds for the sole purpose of Clients charge backs (once Rocco is set free by Uncle Daxter and Aunt Coco there may be a high risk of charge back), otherwise bail bond are great!!
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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12-07-2016, 12:50 PM #4
- Join Date
- Apr 2016
- Posts
- 103
UnderlineCap,
No problem with industry. We will typically lend at roughly 10% gross annual sales and up to $150K w/o collateral. Term loan out to 48-months with monthly payments. Let me know if you would like to discuss.
Sean
LiftForward
917.477.6534
sean@liftforward.com
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12-08-2016, 12:58 PM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
I would consider it but would need to pay off Kabbage.
Max term is 30 months for $250k funding or higher. Monthly payments.
Let me know if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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