Results 1 to 17 of 17
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01-16-2017, 07:08 PM #1
Needs 3 position
New to this thing...
I have a merchant who owes 2 positions totaling 340k.
Merchant would like a 3rd position.
70-80k per month
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01-16-2017, 07:13 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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01-16-2017, 08:46 PM #3
Merchant seems to be over leveraged already.
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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01-16-2017, 08:55 PM #4
- Join Date
- Jul 2015
- Posts
- 1,202
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.
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01-17-2017, 10:15 AM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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01-17-2017, 10:18 AM #6
- Join Date
- Dec 2016
- Posts
- 40
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
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01-17-2017, 02:17 PM #7
- Join Date
- Jun 2016
- Posts
- 68
please send over this file. Nathan@empirefunding.com
EMPIRE FUNDING
1022 AVE M BROOKLYN NY 11230
646 930 4338
nathan@empirefunding.com
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01-17-2017, 05:54 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
We can turnaround a request like this in hours!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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01-17-2017, 06:02 PM #9
- Join Date
- Jun 2015
- Posts
- 3,325
so lucrative , empire and cresthill , dont care about how much gross is being taken out ? interesting
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01-17-2017, 08:19 PM #10
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01-17-2017, 09:32 PM #11
- Join Date
- Jan 2016
- Posts
- 435
Needs 3 position
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...
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01-18-2017, 01:06 PM #12
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.
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01-18-2017, 01:11 PM #13
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01-18-2017, 02:47 PM #14
- Join Date
- Jan 2017
- Location
- Idaho
- Posts
- 27
I sent them the "moon deal...."
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01-18-2017, 04:01 PM #15
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.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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01-19-2017, 10:04 AM #16
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
Maybe it was a typo and he meant to say 34k
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01-26-2017, 08:04 PM #17
- Join Date
- Jun 2016
- Posts
- 416
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