Results 1 to 9 of 9
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01-25-2021, 01:47 PM #1
- Join Date
- Dec 2020
- Posts
- 4
Auto Care Deal
I have an auto care place in Florida averaging about 25k in deposits, he owes around 20k to 2 funders and wants to consolidate and get on lower payments than what he's paying now.
I know deposit volume is pretty low and SIC is high risk but are there any higher risk funders that would buy out his positions and put him on a weekly payment?
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01-25-2021, 01:57 PM #2
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Buying out his current positions (which I'm assuming are on daily's) is one thing to ask for, but restricted industry, + really low rev for that industry, + buying out 2 positions and stretching the term i.e. lowering his payments, + switching from a daily debit to a weekly debit?!
That's a lot to ask for
With all that said you can send it to ClearFund and we'll take a look and see what we can do, no promises though.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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01-25-2021, 03:04 PM #3
- Join Date
- Jul 2017
- Posts
- 548
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01-25-2021, 03:24 PM #4
- Join Date
- Dec 2020
- Posts
- 4
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01-25-2021, 03:33 PM #5
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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01-27-2021, 12:14 PM #6
- Join Date
- Jul 2017
- Posts
- 548
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01-29-2021, 10:00 AM #7
- Join Date
- Jun 2017
- Posts
- 2,049
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02-02-2021, 11:19 AM #8
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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02-02-2021, 11:30 AM #9
- Join Date
- Aug 2020
- Posts
- 2
Good Afternoon,
For 24 Capital to do a reverse the merchant must have at least 3 current advances with over 50k in balance with 3 or more advances.
Thank you ClearFund
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