Deals over $1 million
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  1. #1
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    Deals over $1 million

    Who can do a deal for 1 -1.5 million?

    It's a supermarket with 2 locations.

  2. #2
    Senior Member Reputation points: 3217 CO1's Avatar
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    Bfs, caprock, gbr

  3. #3
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    . Thank you

  4. #4
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    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.

  5. #5
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    Who is caprock

  6. #6
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    Quote Originally Posted by cashguy View Post
    Who is caprock
    They were Express Working Capital

  7. #7
    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.

  8. #8
    I agree- $1m isn't happening with short duration lending. May want to try asset based lenders, Sba loans , or angel investors-

  9. #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.

  10. #10
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    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

  11. #11
    Quote Originally Posted by Ocean Financing View Post
    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.

    who funded this. If you dont mind me asking

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