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02-13-2017, 06:55 PM #1
- Join Date
- Oct 2016
- Posts
- 45
ASAP: Wholesale Importer Making about 130K/month Low Can Balance
Merchant wants to work with me in getting this deal done.
Currently has a 61K offer from me at 1.26 10/mo, requires 13K Can Capital Payoff
However, he has a competing offer 65K at 1.25 10 months, no Can Capital Payoff.
I'm looking for anyone who's willing to match (and offer a good commission). Merchant has taken out several advances with Can Cap. and has a long payment history.
Please call me 646-768-9716
Thanks,
Nash
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02-13-2017, 07:29 PM #2
- Join Date
- Aug 2014
- Posts
- 620
ASAP: Wholesale Importer Making about 130K/month Low Can Balance
Try Kalamata or OnDeck.
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02-13-2017, 09:16 PM #3
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
ASAP: Wholesale Importer Making about 130K/month Low Can Balance
Kalamata and ondeck are doing 2nds? I learned something new. Try IOU or QS
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02-14-2017, 10:47 AM #4
- Join Date
- Aug 2016
- Posts
- 831
The new thing you need to learn is to think a drop out of the box. Just because the merchant has a second position offer this is not what you need to compete on . Be smarter and win the business. I agree with anthony and most wholesale guys will not have the deposits for iou .
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02-13-2017, 09:29 PM #5
- Join Date
- Aug 2014
- Posts
- 620
He said there is a 13k Can Capital balance, I would assume they would have no problems clearing out a balance that low.
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02-13-2017, 11:45 PM #6
- Join Date
- Mar 2016
- Posts
- 335
WHo are their customers?
---
Bill Doody
Round Table Financial
Business Development Officer
bill@rtfinancialgroup.com
C: (949) 444-3346
www.rtfinancialgroup.com
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02-14-2017, 10:40 AM #7
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
Nash, Quarterspot offers 6pts, but you can sell the deal in that range.... 1.24... 9-12 months... and the benefits will sell the deal (amortizes like a traditional loan, reports to experian business).
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02-14-2017, 10:54 AM #8
- Join Date
- Oct 2016
- Posts
- 45
Thank, I will give it a shot.
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02-14-2017, 10:54 AM #9
- Join Date
- Dec 2013
- Posts
- 4,713
Question today is whose NOT doing 2nds?!! Almost evrey week i learn a new funder started doing 2nds
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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