Results 1 to 12 of 12
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11-12-2020, 02:42 PM #1
- Join Date
- May 2020
- Posts
- 105
Fund this ? revenue about 75k
This is the situation:
Merchant doing around 70-80 in trucking, has a 35k MCA he wants to get paid off, plus 10k for business capital. He currently pays about 1300 weekly, which he says he cannot afford. He would like a long term deal, around 6 months or so. He delivers mainly for Costo. Can you help?Last edited by Iscibibi153; 11-12-2020 at 03:21 PM.
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11-12-2020, 03:52 PM #2
- Join Date
- May 2020
- Posts
- 105
no one lol?
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11-12-2020, 04:38 PM #3
- Join Date
- Jul 2017
- Posts
- 105
If somebody did this deal and gave you the 6 month term weekly you're asking for.... the weekly debit will be north of 2,400 at best. You say he cant afford 1,300 a week.
Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
D. 516-667-6817
paul@coolidgecapital.com
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11-12-2020, 04:54 PM #4
- Join Date
- Sep 2020
- Posts
- 33
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11-12-2020, 04:54 PM #5
- Join Date
- May 2020
- Posts
- 105
he jsut got offered 53,000.00 52 payments of 1,440.00 =74,880.00, can you beat this?
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11-12-2020, 04:56 PM #6
- Join Date
- May 2020
- Posts
- 105
Can anyone beat this offer ? he wants money today
53,000.00 52 payments of 1,440.00 =74,880.00 trucking..
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11-12-2020, 04:59 PM #7
- Join Date
- Sep 2020
- Posts
- 33
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11-12-2020, 05:21 PM #8
- Join Date
- Aug 2020
- Location
- 7125 Peri Lane Brooklyn Ny 11234
- Posts
- 113
Normally I'd be surprised to hear anyone is doing 12 months on trucking company. However with everything going on currently I'm even more shocked to hear that. Would love to know which lender is offering that?
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11-12-2020, 05:28 PM #9
- Join Date
- May 2020
- Posts
- 105
no clue lol
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11-12-2020, 07:58 PM #10
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,917
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
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11-12-2020, 08:14 PM #11
- Join Date
- May 2020
- Posts
- 105
yes, he said he wants to see if i can beat his current offer.
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11-13-2020, 12:54 PM #12
- Join Date
- Feb 2019
- Posts
- 124
Get the agreement from him... That's always first instinct. If he wont give it to you the offer is most likely fake- if he got it and really wants better he'll send it... I've gotten 12 months on transportation pre-covid many times but haven't came across any recently
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