home restorations, need 150K
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Member Reputation points: 10 premierecapitalfunding's Avatar
    Join Date
    Jul 2016
    Location
    Brooklyn
    Posts
    60

    home restorations, need 150K

    We have a merchant, they do home restorations, in business 11 years
    Making 200K in average in monthly deposits (304 in Jan, 190 Feb and 130 in March)
    They have changed their payment plan with Knight in January from daily to weekly. (There is 12 days gap in payments)
    But since then they are paying them without any problems.
    They also had 5 overdrafts and 1 negative day in march and some in January .
    Looking for 150K.
    Balance with Knight - 10K



    Anybody can help us fund the deal?
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

  2. #2
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    home restorations, need 150K

    When you say they changed their daily payment to a weekly payment, is the weekly payment now 5x what the daily payment was or is it a reduced amount? If reduced, they're probably on modified payments which makes this a harder deal to do. Also, Knight would be trying to renew this merchant with a 10k balance if there wasn't any issues.

  3. #3
    Member Reputation points: 10 premierecapitalfunding's Avatar
    Join Date
    Jul 2016
    Location
    Brooklyn
    Posts
    60

    The payments are not reduced. the merchant does not like working with Knight and looking for weekly payments.
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

  4. #4
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    We specialize in contrsuction funding. We can get this done:

    Does the merchant own real estate?
    How much is in his A/R?

  5. #5
    Senior Member Reputation points: 4599
    Join Date
    Feb 2014
    Location
    Florida
    Posts
    266

    PM'ing you!

  6. #6
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    840

    SFS, BFS, Everest - i wouldn't send it to Yellowstone they most likely will send it to one of the mentioned lenders.
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  7. #7
    Member Reputation points: 10 premierecapitalfunding's Avatar
    Join Date
    Jul 2016
    Location
    Brooklyn
    Posts
    60

    thank you guys! deal is sold)
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

  8. #8
    Hi my company Lucrative Solutions can definitely take a look here if you want please call me to discuss this further.

    Joey Ganduzzo
    Cell: (917)-434-7663
    Yourlucrativesolution.com
    submissions@slsadvances.com

  9. #9
    Member Reputation points: 360
    Join Date
    Apr 2017
    Location
    New York, N.Y.
    Posts
    24

    We have had the pleasure of communicating with you in the past, but we haven't heard from you recently. We would like to earn your business and show you why over 500 ISO's use Cash Village funding!

    Cash Village Funding, LLC :

    Our rates and terms
    Our factor rates are between a 1.38 and a 1.49, with opportunity to up-sell at a 1 to 2 ratio. Our terms are anywhere between 3-8 months.

    Positions
    First to eighth position, if room allows.

    Response time
    After submissions, responses within 6 business hours.

    Renewal time frame
    We can refinance merchants after they are 50% paid off and we can provide another position after 30 days of payments.

    Early payoff discount
    We offer early payoff discounts on all contracts.

    Consolidations
    We can consolidate merchants with no net requirement.

    Stipulations
    Void check, driver’s license, business license, and landlord.



    All the best,

    Thank you,



    ISO@cashvillagefunding.com

    Cash Village Funding, LLC.

    www.cashvillagefunding.com

    Tel: 212-495-9924

Similar Threads

  1. Need 150k
    By FCP in forum Deal Bin
    Replies: 9
    Last Post: 01-26-2017, 07:59 PM
  2. 150k Consolidation
    By loanseller in forum Deal Bin
    Replies: 10
    Last Post: 09-03-2016, 07:26 AM
  3. Trucking deal home credit score 660/ monthly average 150k
    By ChristianCapitalGainz in forum Deal Bin
    Replies: 30
    Last Post: 11-10-2015, 09:45 AM
  4. Car Dealership - 150k
    By thefunder in forum Merchant Cash Advance
    Replies: 19
    Last Post: 03-04-2015, 04:42 PM
  5. 150k & 400k deals need a home
    By MoneyMatchMaker in forum Deal Bin
    Replies: 6
    Last Post: 08-21-2014, 04:29 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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY