3rd position seeking 10 month term Catering Company
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. #1

    3rd position seeking 10 month term Catering Company

    3rd position seeking 10 month term Catering Company. Merchant does over 500k a month on average. Please let me know. VERY CLEAN DEAL. DIRECT FUNDERS ONLY.

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,437

    Pearl and EBF are the only ones I can think of who may do this

  3. #3
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by Funder Mark View Post
    Pearl and EBF are the only ones I can think of who may do this
    I think Pearl max's out at 7 months for a 3rd position

  4. #4
    What are the balances of the first 2 positions and who are they with?

  5. #5
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,437

    Quote Originally Posted by NoBigDeal View Post
    I think Pearl max's out at 7 months for a 3rd position
    Aren't you at Pearl?

  6. #6
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by Funder Mark View Post
    Aren't you at Pearl?
    Yes

  7. #7
    Senior Member Reputation points: 30475 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,732

    WBL can do multiple-year 3rd position loans.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  8. #8
    Senior Member Reputation points: 12878
    Join Date
    Jan 2016
    Posts
    435

    No such thing as a clean third position deal. What are the balances, with who and the remittance? With 500K gross per month your best bet is probably to consolidate the two positions and try and net what you need.
    Last edited by nrh1lp; 02-02-2017 at 09:14 AM.

  9. #9
    Anthony Collin
    Smart Business Funding
    Direct: 917-533-2979
    Fax: 347-402-1650
    Email: Anthony@SmartBusinessfunder.com
    Web: http://www.smartbusinessfunder.com
    Smart Business Funding

  10. #10
    Veteran Reputation points: 135029 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,178

    Quote Originally Posted by Funder Mark View Post
    Pearl and EBF are the only ones I can think of who may do this
    NOWAY IN HELL they will do a 10 month 3rd position

  11. #11
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    PM sent

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

Similar Threads

  1. Lenders who take a 2nd position at 12 month + term
    By Loan Advisement in forum Merchant Cash Advance
    Replies: 3
    Last Post: 10-03-2016, 03:51 PM
  2. Seeking 1st position 12 month +
    By BTI in forum Deal Bin
    Replies: 18
    Last Post: 03-23-2016, 10:04 AM
  3. Catering company looking for 25k
    By randyw in forum Deal Bin
    Replies: 15
    Last Post: 01-25-2016, 12:47 PM
  4. Replies: 5
    Last Post: 01-06-2016, 04:24 PM
  5. seeking 18 month term
    By Moneyformerchant in forum Deal Bin
    Replies: 15
    Last Post: 07-08-2015, 12:27 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

Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe


DIRECTORY