Results 1 to 7 of 7
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01-04-2017, 09:56 AM #1
- Join Date
- Jul 2015
- Posts
- 23
Need $250k+ Second Position
Client makes $1.2 Million/Month
Great Balances
Credit 700
1st Position - $13k/weekly - $400k balance
I need a $250k+ second position 1.25 - 10 Months with weekly payments. Can anyone do this? I have an offer at these terms paying a few points but no weekly payment.
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01-04-2017, 10:00 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
WayUp,
-What does the Company do?
-Who are their customers?
-Do they have a senior lending relationship in place?
Best,
Kevin
Seacoast Business Funding www.seacoastbf.comKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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01-04-2017, 10:05 AM #3
- Join Date
- Jun 2016
- Posts
- 9
Sell the daily payment. The merchant needs to realize that the dollar amount of weekly / daily / monthly payments will all be the same cost once it's all said and done.
Advise the merchant to make weekly deposits in a sufficient amount to cover the daily draw x 5.
Or wait and look for an off that may not exist.
Sell it !!!
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01-04-2017, 10:24 AM #4
- Join Date
- Jul 2016
- Location
- GA
- Posts
- 19
sent you a pm
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01-04-2017, 11:13 AM #5
- Join Date
- Oct 2014
- Location
- New York
- Posts
- 53
Need more information to determine whether this is a possibility. Sending you a PM now.
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01-04-2017, 12:32 PM #6
- Join Date
- Aug 2016
- Posts
- 16
Im willing to take a look at it ! Jlocklear@locklearcapital, I will pay you %75 on this deal
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01-04-2017, 09:09 PM #7
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Way Up -
If the numbers shake out (the client has appropriate profitability for the debt), I can pay off the first and provide cash out (we do not stack).
Weekly or Monthly payment. Early payoff after six months with no fees, penalties or interest.
$100k minimum funding, $2MM Max.
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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