Need 6th position 150-200k
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  1. #1
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    Need 6th position 150-200k

    ..
    Last edited by gail_waters; 04-21-2017 at 12:05 PM.

  2. #2
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    Where you at, Marcus?

  3. #3
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    Quote Originally Posted by WestCoastFunding View Post
    Where you at, Marcus?
    At ACE Hardware buying the above referenced Company a larger shovel to dig their hole.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  4. #4
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    Lol he knows i woulda contacted them if i thought mantis would fit.. Need higher numbers

  5. #5
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    Quote Originally Posted by kevinhenry0527 View Post
    at ace hardware buying the above referenced company a larger shovel to dig their hole.
    im doing a few mill asset based with the person, i saw him years ago doing a quarter of the numbers having even more advances, now business quadrupled and endings is never even close to low, usually over 100k

  6. #6
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    Quote Originally Posted by kevinhenry0527 View Post
    At ACE Hardware buying the above referenced Company a larger shovel to dig their hole.
    But those other positions are just paint.

  7. #7
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    Quote Originally Posted by gail_waters View Post
    im doing a few mill asset based with the person, i saw him years ago doing a quarter of the numbers having even more advances, now business quadrupled and endings is never even close to low, usually over 100k
    So you have done an asset based line with the Company and added cash advances on top of the asset based lender?
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  8. #8
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    Wow. Just wow. This is so incredibly irresponsible. You're knowingly inducing default time after time and you seem to think you are part of the solution.
    "Nobody can make you feel inferior without your consent." -Eleanor Roosevelt

  9. #9
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by kevinhenry0527 View Post
    So you have done an asset based line with the Company and added cash advances on top of the asset based lender?
    I know the deal, and that is not what she said. Several years ago there was no asset based funding, and the client had more advances out with less revenue. Now the client has more revenue, less advances, and NOW the ISO is working an ABL with the client to clean everything up.

  10. #10
    Veteran Reputation points: 135672 Chambo's Avatar
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    musical chairs...and someone is going to be left standing when the music stops

  11. #11
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    Quote Originally Posted by Funder Mark View Post
    I know the deal, and that is not what she said. Several years ago there was no asset based funding, and the client had more advances out with less revenue. Now the client has more revenue, less advances, and NOW the ISO is working an ABL with the client to clean everything up.
    What does the Company do?
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  12. #12
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    Quote Originally Posted by gail_waters View Post
    Merchant already has empire, yellow, richmond, capcall and queen. 2 accounts, both doing over a million with no nsfs, no missed payments, perfect payment history merchant, seems like everyones already in there or syndicated in there, one account only has 1 empire balance, other account has the rest of the balances and has 3 mcas that just got paid off, what side position will do 200k, 740 fico, not rate contience or term contience
    Your helping this merchant with a 6th position?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  13. #13
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    Merchant is not "not rate contience or term contience ". Ok, but are you? At all?

  14. #14
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    Quote Originally Posted by hdf View Post
    merchant is not "not rate contience or term contience ". Ok, but are you? At all?
    he has three renewal offers, im telling him not to take, i tried to tell him to not do any more high risk but he choices to do it and can afford it, my commercial group working on the re side knows about the advances, if he insists on it, i'm not going to say go do it with the other guy instead...the merchant wants what he wants

  15. #15
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    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

  16. #16
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    Quote Originally Posted by Cashvillagellc0102 View Post
    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
    It takes a whole village to raise a?
    A. ISO
    B. Shotgunned deal
    C. 6th position future default

  17. #17
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    how come all tier 4 lenders with great credit and revenue?

  18. #18
    Senior Member Reputation points: 118209 ridextreme's Avatar
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    Quote Originally Posted by Sachip24 View Post
    how come all tier 4 lenders with great credit and revenue?
    tier 1 lenders don't stack

  19. #19
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    Need 6th position 150-200k

    Don't want to put the merchants business name out there but I'm going to guess the first letter of the business name starts with a "K" and the second word begins with the letter "M". Amiright?

  20. #20
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by Sachip24 View Post
    how come all tier 4 lenders with great credit and revenue?
    They were in there originally, but they got stacked, stepped out, and the stackers kept on renewing the guy

  21. #21
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    Quote Originally Posted by gail_waters View Post
    Lol he knows i woulda contacted them if i thought mantis would fit.. Need higher numbers
    Gail are you saying I'm afraid of BIG NUMBERS? LOL
    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

  22. #22
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    nope, you guys are in there for 650k though but no wrong deal

  23. #23
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    Quote Originally Posted by mcaguru View Post
    Gail are you saying I'm afraid of BIG NUMBERS? LOL
    No! He's based in Florida and wears flip flops to work. He does not have to take his shoes off to count past 10.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  24. #24
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    that was responding to anthony at ysl, no marcus ur not scared of big numbers but i prob need bigger offer right now to wrap this up today then what u guys would most likely put out, and to yes to what mark from wall said exactly what happend, guy didnt know better got the 1st advance from a tier 4 and fell for the usual new kid pitch, just take this for now then next time.....etc.....
    Last edited by gail_waters; 04-20-2017 at 05:19 PM.

  25. #25
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    Quote Originally Posted by gail_waters View Post
    that was responding to anthony at ysl, no marcus ur not scared of big numbers but i prob need bigger offer right now to wrap this up today then what u guys would most likely put out, and to yes to what mark from wall said exactly what happend, guy didnt know better got the 1st advance from a tier 4 and fell for the usual new kid pitch, just take this for now then next time.....etc.....i tried submiting an account that has no transfers showing a million with no advances had 600 from rapid til they did ucc check lol
    wow are you writing on here that you tried to fraud rapid advance by hiding statements on a 600k approval.

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