Results 1 to 4 of 4
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05-14-2022, 06:27 PM #1
- Join Date
- Aug 2018
- Posts
- 700
3rd pos - 300k+ required, merchant does 2mill a month
Satisfied judgements. Merchants profitability is at 120% due to the russian war going on. Previous default but he paid them off.
Has been paying mca's with no issues since Oct 2021.
Who would be able to do a 9-10 month 250k-350k 3rd position here?
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05-16-2022, 10:35 AM #2
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
Wouldn't promise you an 8-9 month term here, but I'd definitely give you an offer on this one, send it though
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05-16-2022, 10:36 AM #3
- Join Date
- Dec 2021
- Posts
- 154
It would be very difficult to get a deal that long even though he paid off the defaults. Getting these terms for a 3rd position can be hard even on a clean file.
Most if not all funders who go out this long will not even entertain a previous default even if PIF.
Capitalize can do the dollar amount but term will be 80-120 days, assuming good payment history since Oct 2021.
Please submit the deal to subs@capitalizegroup.com for review.
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06-22-2022, 08:22 PM #4
- Join Date
- Nov 2021
- Location
- Bergen County, NJ
- Posts
- 19
Give us a shot.
TRUE BUSINESS FUNDING
Direct: 646.699.1661 ext 102
Scott@tbfgrp.com
underwriting@tbfgrp.com
tbfgrp.com
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