Rate factoring
Need a Funder or Vendor? START HERE

Results 1 to 5 of 5
  1. #1

    Rate factoring

    Looking for a Rate Factoring Lender. Company has almost 2 million dollars in the pipeline. Problem I have is Merchant has no tax returns but has really good contracts with Dollar tree Verizon Samsung Etc. Revs are great 200K+ Fico is 750+ Currently has a daily payment and i have an approval for 50K on a second but with the current contracts and A/R is worth a lot more than 50K....

  2. #2
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Rate factoring

    Hi.....we're interested. I don't know what rate factoring is but factoring is generally a much better then MAC's for the customer. How about sending your contact information and we can set up a call.
    We are factors, not middle men.
    Bob Shaw
    rshaw@ironhorsecredit.com
    734-929-3800

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    If the borrower owns real estate, WBL considers utilizing invoices to show the borrower's capacity to repay. I have approved a $200,000 deal for a borrower with $50,000 of monthly revenue because they had solid invoices.

    Feel free to give me a call or email to discuss.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4

    Fund

    How does this work. Lets say the Property still has an amount owed of 380,000 and its worth approx 800k. Does the initial loans get paid off first?

  5. #5

    We are interested!!!

    Quote Originally Posted by Nicholas Antoniou LA View Post
    Looking for a Rate Factoring Lender. Company has almost 2 million dollars in the pipeline. Problem I have is Merchant has no tax returns but has really good contracts with Dollar tree Verizon Samsung Etc. Revs are great 200K+ Fico is 750+ Currently has a daily payment and i have an approval for 50K on a second but with the current contracts and A/R is worth a lot more than 50K....

    Angela
    Direct Capital Alliance
    (888) 238-0057 Office
    angela@directcapitalalliance.com

Similar Threads

  1. Fraud Rate
    By Funder Mark in forum Promotions
    Replies: 4
    Last Post: 11-12-2015, 05:54 PM
  2. Funders with the best buy rate
    By MCAESSENTIALS in forum Merchant Cash Advance
    Replies: 18
    Last Post: 07-08-2015, 02:21 PM
  3. Looking to refinance at a better rate
    By cardinalequity in forum Deal Bin
    Replies: 2
    Last Post: 01-05-2015, 11:51 PM
  4. *** Anyone know of a 1.20 Buy Rate for $150,000 - Medical?
    By BusinessLendingMadeSimple in forum Business Loans
    Replies: 7
    Last Post: 10-27-2014, 12:12 PM
  5. Floor Rate?
    By fundgorilla in forum Merchant Cash Advance
    Replies: 28
    Last Post: 08-29-2014, 05:22 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY