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05-12-2014, 12:32 PM #1
- Join Date
- Aug 2013
- Posts
- 196
Deals over $1 million
Who can do a deal for 1 -1.5 million?
It's a supermarket with 2 locations.
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05-12-2014, 12:35 PM #2
Bfs, caprock, gbr
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05-12-2014, 12:43 PM #3
- Join Date
- Aug 2013
- Posts
- 196
. Thank you
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05-12-2014, 12:48 PM #4
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
A Supermarket with 2 locations is never getting 1-2MM, primarily because they work on such thin margins. I had a supermarket one time bringing in 6MM gross, they offered me 250K....no way is 1MM happening. Margins are WAYY to thin.
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05-12-2014, 01:33 PM #5
- Join Date
- Jan 2013
- Posts
- 151
Who is caprock
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05-12-2014, 01:35 PM #6
- Join Date
- Jul 2013
- Posts
- 352
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05-13-2014, 10:27 AM #7
- Join Date
- May 2014
- Location
- Uniondale
- Posts
- 10
As a broker in the MCA Industry, I'm partnered up with over 40 of the top industries direct lenders, I have close relationships with all of the underwriters and loan decision makers. We have the ability to provide business owners with extra working capital, funding 8-10 million in loans out each and every month.
Generally we fund businesses anywhere from 10 up-to 15% of your annual revenue. We will evaluate the business as a whole and can have you funded in as little as 3-5 business days with zero collateral. For further questions please feel free to email me at cscuderi@mcamerchant.com or reach out to me directly at (516)323-2412.
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05-13-2014, 01:41 PM #8
I agree- $1m isn't happening with short duration lending. May want to try asset based lenders, Sba loans , or angel investors-
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06-26-2014, 12:07 PM #9
We just did a 1.2 M 8 month advance to a dispensary in Colorado at a 1.32. It can be done, just need to find the right lender.
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07-08-2014, 02:53 PM #10
- Join Date
- May 2014
- Posts
- 53
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06-26-2014, 03:44 PM #11
Deals over $1 million
Credit Cash offers 150k to 5MM. Commission is 1-2% upfront and 10% of the margin. They request a lot of stips, but have low rates at high funding volume.
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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