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  1. #1

    Great client

    We have a merchant who had four loans paid off three with perfect payments. Has a balance of 90k with Can Capital has eight months left. Client does $100k a month. client would prefer one big first to payoff Can. Client is looking for $150-175k first loan or 50-75k second. Please let me know what you can do.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    does $100K a month with a 90K balance......wants 150-175K, or a second for same net (50-75K). Am I reading this right?

    Talk about a merchant dictating the terms!

  3. #3
    Senior Member Reputation points: 3087
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    Quote Originally Posted by dan@cdm.ms View Post
    We have a merchant who had four loans paid off three with perfect payments. Has a balance of 90k with Can Capital has eight months left. Client does $100k a month. client would prefer one big first to payoff Can. Client is looking for $150-175k first loan or 50-75k second. Please let me know what you can do.
    Isn't Can settling for 40-50% now?

  4. #4
    Senior Member Reputation points: 18402
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    Why post this...mca no way for those numbers

  5. #5
    Senior Member Reputation points: 5777
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    What industry are they in?

  6. #6

    Large Advance Request for Many Balances

    Quote Originally Posted by dan@cdm.ms View Post
    We have a merchant who had four loans paid off three with perfect payments. Has a balance of 90k with Can Capital has eight months left. Client does $100k a month. client would prefer one big first to payoff Can. Client is looking for $150-175k first loan or 50-75k second. Please let me know what you can do.
    Dan,

    Sounds like this may be a deal WBL may be interested in if the Merchant has real estate.

    Please give me a call today to discuss

    Anthony DeLeonardo
    Vice President | Regional Wholesale Manager

    World Business Lenders
    101 Hudson Street, 33rd Floor
    Jersey City, NJ 07302

    Direct: (646)880-8035
    Fax: (551)267-6714
    Email: adeleonardo@wbl.com

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