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12-09-2016, 10:27 AM #1
- Join Date
- Dec 2016
- Posts
- 1
Direct Funders Needed for Hotel Loan Deals
I am in need of Direct Funders ( No ISO's, Brokers etc...) to submit two hotel requests. One request is for $3M to refinance and upgrade a hotel. The second to refinance, rehab and cash out of for total loan amount of $5M.
If you are a DIRECT Funder, email me and send me an your agreement, fee structure and guidelines..
Thank you,
joseph@jtbba.com
JTB Business Advisors, LLC
1245 Cedar Rd., Suite G-109
Chesapeake VA 23322
757-655-1216
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12-09-2016, 12:07 PM #2
- Join Date
- Apr 2016
- Posts
- 103
If they are asset-based requests, I would recommend reaching out to Jerry Star. The capital amounts requested is right in his sweet-spot.
Jerry Star
InSource Funding
800.805.3391
jerry@insourcefunding.com
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12-09-2016, 01:34 PM #3
- Join Date
- Jun 2016
- Posts
- 416
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01-10-2017, 01:27 PM #4
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
I emailed you guidelines and iso agreement.
Below is a quick overview of the guidelines and schedule A (commission structure).
Enclosed is the ISO Package if you are not already partnered with us, a blank application, and a direct link for the online application for you pc, mac, and smartphone clients.
I look forward to continue working with you with quicker approvals and faster funding.
Online Application:
https://www.eincap.com/application
Online Decision Logic:
https://www.decisionlogic.com/4b3728...e-b769a389d72e
Schedule A
Positions 1, 2 and 3:
• Offers start at 1.39 (paying 7 points) and can be up sold up to 1.49 which pays 12 points commission (for every 2 points up sold ISO/Agent gets an additional point) • Renewals pay - Same
Position 4 and 5 + deals:
• Offers start at 1.39 (paying 5 points) and can be up sold up to 1.49 which pays 10 points commission (for every 2 points up sold ISO/Agent gets an additional point) • Renewals - Same
• Offers start at 1.39 (paying 7 points) and can be up sold up to 1.49 which pays 12 points commission (for every 2 points up sold ISO/Agent gets an additional point)
EIN CAP Guidelines:
Advance Term Multiple position 3-6 months Personal Credit 500+ for multiple position advance Or 550+ Credit for 1st position
Advance Minimum Transactions/ Minimum Monthly Deposits Transactions: 5 per month Negative Days Less than 15 in 3 months ; or 5 a month Minimum Revenue
NSFs Less than 15 in a 3 month period
Length in business 5 months+
Policies on Bankruptcies Policy on Liens No open bankruptcies (business or personal) No excessive State or Federal Tax Liens / Judgments, (business or personal) Must be paid, released, or subject to payment plan oIf in payment plan, it must have already started and must be current
Average Daily Ledger $750
Minimum Monthly Revenue: $12,500 per month
Funding Range Multiple position
JR Knight| ISO Relations Director | EIN Cap
——————————————————————————
Phone: 877-651-8110 Ext.125 | Direct: 917-900-1297 | Fax: 800-519-7189
Email: jrknight@eincap.com| Web: http://www.eincap.com/Last edited by GAMEOFISO'S; 01-11-2017 at 03:41 PM.
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