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12-19-2016, 04:28 PM #1
- Join Date
- Sep 2014
- Posts
- 16
Need a deal placed.
I have a merchant that is seeking 150K. Averages 120K with a 680 FICO. Currently carries a balance with On Deck of 70K. Not rate sensative but wants balance paid off and Terms past 18 months...any takers?
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12-19-2016, 04:34 PM #2
- Join Date
- Jan 2016
- Posts
- 435
Only way that will happen is with a term loan
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12-19-2016, 05:00 PM #3
- Join Date
- Sep 2014
- Posts
- 16
Any advice on who to turn to for term loans?
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12-19-2016, 04:51 PM #4
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12-19-2016, 04:58 PM #5
- Join Date
- Sep 2014
- Posts
- 16
150 total.
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12-19-2016, 05:14 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,996
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12-19-2016, 05:28 PM #7
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
cjbreaux33-
This sounds like a possibility for funding through my model. He will need to show Net Monthly income of at least $19k (which is possible, with $120k/mo. topline).
While I do have 24 and 30 month terms, my minimum funding amount for the longer terms is $250k.
If you think he would be interested in a 18 month term, feel free to reach out and discuss. It is a monthly payment with early pre-pay available any time after six months with no fees, penalties or interest.
best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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12-19-2016, 06:43 PM #8
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
what industry?
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12-19-2016, 11:09 PM #9
Need a deal placed.
Bfs?
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12-20-2016, 12:07 AM #10
- Join Date
- Dec 2016
- Location
- NY
- Posts
- 15
..
Last edited by WeAdvanceNow; 01-16-2019 at 02:48 PM.
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12-20-2016, 02:24 PM #11
- Join Date
- Jun 2016
- Posts
- 416
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12-21-2016, 12:23 PM #12
- Join Date
- Oct 2016
- Location
- Orlando, FL
- Posts
- 16
We could offer the possibility of a long term advance or as a term loan considering their credit isn't bad. Send me an email and we can discuss the details of the file.
Jahnae Allen
Sr. Funding Coordinator
Direct: (386) 215-6580
Email: jallen@1080funding.biz
1080 Premium Funding
163 Sand Pebble Circle
Port Orange, FL 32129
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