New Business established 01/2017
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  1. #1

    New Business established 01/2017

    New business with great revenue looking for around $20k. Only around 5 deposits per month.

    February: $42,950
    March: $98,404.25
    April MTD: $78,137.25

    April should end up over $100k.

    Please let me know if anyone has an appetite for this type of deal.

  2. #2
    Senior Member Reputation points: 62986
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    Apr 2015
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    Louisiana
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    299

    New Business established 01/2017

    Depending on the state this may be a fit for LoanMe

  3. #3
    Senior Member Reputation points: 49940
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    Aug 2014
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    620

    New Business established 01/2017

    Pending their ending daily balances and industry we might be able to get you what you're looking for. If you need any assistance, please feel free to reach out.

  4. #4
    Senior Member Reputation points: 218103
    Join Date
    Feb 2017
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    I'm going to repeat what I've been saying for a few posts this last week: Go with business lines of credit! I'm not with Seek, but we do something similar. The difference it that I won't take any cobroker fees from you, and you'll be setup permanently able to do this and get people like this up and running forever and get clients into a healthy loan, at rates around 6%, rather than 26%.

    Email me, I'll make the introduction, and you'll work directly with them and you'll make a healthy commission.

  5. #5
    Member Reputation points: 360
    Join Date
    Apr 2017
    Location
    New York, N.Y.
    Posts
    24

    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

  6. #6
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Lots new companies opening up every minute

  7. #7
    Senior Member Reputation points: 54977
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    Dec 2013
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    4,713

    Appetite? that's our bread N butter. by May you should start seeing our conveyor belt style UW-to-funding in full force!
    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

  8. #8
    Everest

  9. #9
    Member Reputation points: 46
    Join Date
    May 2017
    Location
    New York
    Posts
    26

    CFG Merchant Solutions only requires 3 months TIB, so this is perfect for us! We also have no minimum deposit requirement.

    Shoot me an email and we can talk about getting this merchant funded before the weekend!

    Andrew Jagopat
    CFG Merchant Solutions
    AJagopat@CFGMS.com

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