[FCP]

New to this thing...

I have a merchant who owes 2 positions totaling 340k.

Merchant would like a 3rd position.

70-80k per month

[Yankeeman07]

New to this thing...

I have a merchant who owes 2 positions totaling 340k.

Merchant would like a 3rd position.

70-80k per month

Sent PM

[NickHubbard]

Merchant seems to be over leveraged already.

[HDF]

How strong could the cash flow possibly be to support 2 positions of that balance and need more? This is a consolidation play of which there will be few needles for that haystack.

[dpFund]

How strong could the cash flow possibly be to support 2 positions of that balance and need more? This is a consolidation play of which there will be few needles for that haystack.

Agreed. At just the $340k we would need to see $45k of monthly net income (well more than half his gross sales) to pre-qualify. You may want to move onto the next client.

[LucrativeSolution]

Lucrative Solution can get this done would love to earn your business, if you can please give me a call to discuss.

Joey Ganduzzo
VP of ISO Relations
(917)-434-7663
Submissions@slsadvances.com

[EmpireRoth]

please send over this file. Nathan@empirefunding.com

EMPIRE FUNDING
1022 AVE M BROOKLYN NY 11230
646 930 4338
nathan@empirefunding.com

[mcaguru]

We can turnaround a request like this in hours!

[Michael I]

so lucrative , empire and cresthill , dont care about how much gross is being taken out ? interesting

[Funder Mark]

so lucrative , empire and cresthill , dont care about how much gross is being taken out ? interesting

And this is a surprise?

[nrh1lp]

Please correct me if I am misreading these posts, but this merchant owes 340K and grosses 70-80K/month and multiple funders want this file? I realize cresthill says "we can do it" on everything but come on guys this merchant needs to put another zero on gross revenue to justify another position...

[Chambo]

Please correct me if I am misreading these posts, but this merchant owes 340K and grosses 70-80K/month and multiple funders want this file? I realize cresthill says "we can do it" on everything but come on guys this merchant needs to put another zero on gross revenue to justify another position...

you are assuming any of these folks posting here have anything to do with underwriting. Their jobs are to bring in deal flow, end of story. They'll tell you anything you want to hear, just to get you to submit the file....also in hopes that it miraculously gets an offer, and then you will send in more files.

[Funder Mark]

you are assuming any of these folks posting here have anything to do with underwriting. Their jobs are to bring in deal flow, end of story. They'll tell you anything you want to hear, just to get you to submit the file....also in hopes that it miraculously gets an offer, and then you will send in more files.

That is also my job. The difference lies between those who scream at every deal "Send it to me!!!" and those who dont. You can see Yellowstone ISO guys staying quiet, unless there is potential, and other YSC reps saying they can fund the moon.

[Fundingmaniac]

I sent them the "moon deal...."

[Zach]

WBL can do 3rd position loans for multiple-year terms. We also typically lend 2-3X the borrower's monthly revenue, regardless of whether we are consolidating or not.

[biggr]

Maybe it was a typo and he meant to say 34k

[AdvanceFund]

New to this thing...

I have a merchant who owes 2 positions totaling 340k.

Merchant would like a 3rd position.

70-80k per month

We should be working together. Call me. I see a lot of your posts.