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- Micro Funding Opportunity extendedIn Other Business Finance·December 12, 2024To offer access to capital for smaller businesses, I'm interested in a very good lender to offer micro opportunities to these businesses. These are qualified businesses in varied cases except not generating our standard revenue size.1117
- Bank Recommendations requested.In Everything ElseDecember 10, 2024Shane: I contacted Optimum bank and unfortunately they cannot open account for us because we are new unless we have a referral from someone or current MCA business using them. By any chance do you know of someone who would be willing to assist us. We are at a dead end when it comes to banking, nobody wants to work with funders. Appreciate any advice you can give.1
- Bank Recommendations requested.In Everything ElseDecember 10, 2024Hmmm ok. Have you been brokering deals before? Let me talk to a few people and get back to you.1
- Bank Recommendations requested.In Everything Else·December 5, 2024Looking for a MCA friendly bank preferably in the Miami area. I have used Metropolitan and IDB before. TIA, Ed.2537
- New Business FinancingIn Everything Else·December 2, 2024I have a client needing to purchase tools and equipment for his new business. Any funders out here that can help please message me! Sorry not interested in 0% credit card either.3326
- Want to join our Group Chat?In Everything Else·September 13, 2023Did you know you can join a Group Chat on Funder Intel? We started a Group Chat for any member of the site. Drop your name if you are interested in joining or message us. You'll see the little green chat icon in the bottom left on desktop, or right side on mobile. There are No notifications in this Chat (right now) so you have to check back on the site.15176929
- Seeking Partnership with Equipment LendersIn Other Business Finance·November 20, 2024Please send me your Guidelines dave@justgetfunds 781-692-33361218
- LEVEL UP YOUR NETWORK! Next Mixer Dec 9th!In Everything Else·November 13, 2024Exclusive Mixer Hosted by Funder Intel, Join us! 🌟 Attention all small business lending, commercial finance, and fintech industry stakeholders! Funder Intel is hosting our next networking mixer on December 9th, 2024 at Moxies in Fort Lauderdale. Since our last one was SOLD OUT we thought why mess with a good thing?! 🔗 Why Attend? • Connect: Forge meaningful relationships with fellow industry stakeholders. • Learn: Gain insights from leading voices in the business lending and commercial finance sector. • Enjoy: cocktails and food in a great setting. 🎟️ Tickets Available Now! Secure your spot for this must-attend mixer! Online tickets are now available for purchase but act now because there is limited capacity and tickets will NOT be sold at the door. Hotel Option Hyatt Centric Las Olas Fort Lauderdale 100 E Las Olas Blvd, Fort Lauderdale, FL 33301 $235 per night on 12/9-12/10 Visit Hyatt Website Parking Options Parking on the Street, the lot on 2nd Street between 2nd and 3rd Ave (use the Airgarage app), and the garage nearby. Sponsorships are available for a limited time! Purchase HERE https://www.funderintel.com/event-details/funder-intel-industry-mixer-13140
- REV Capital Provides $15MM Facility to Prominent Canadian Transportation Client In Other Business Finance·November 11, 2024Found this story and one of our members works for Rev, @Kevin Sharma. Contact him for your factoring needs. TORONTO, ON (Nov. 8, 2024) – REV Capital (“REV”), a leading provider of cashflow solutions to growing companies in North America, announced the successful implementation of a $15MM factoring facility to a prominent transportation company in Ontario. Facing a time-sensitive financial restructuring, the client required fast access to working capital, which other lenders couldn’t provide. REV stepped in with a quick solution, enabling the company to maintain its growth trajectory. “This deal is a testament to our sales team’s ability to adapt quickly and achieve success. Within a few short months of our strategic repositioning, we are making bold strides to establish ourselves as the preeminent player in the Canadian Transportation Factoring sector,” says Loren Shifrin, CEO of REV Capital. “We will continue to focus our efforts and invest in servicing this vital market segment”. The deal follows REV Capital’s strategic refocus on exclusively financing larger Canadian transportation companies. As the company enters Q4, its growth continues to outperform market projections. https://www.funderintel.com/invoice-factoring-lenders1317
- Roglieri's Queensbury mansion expected to list at $1.9 millionIn Everything Else·November 8, 2024The bankruptcy trustee tasked with liquidating Prime Capital Ventures founder Kris Roglieri's assets is seeking to hire brokerage Davies-Davies & Associates Real Estate to sell the insolvent businessman's opulent former residence in Queensbury. If the arrangement is approved by U.S. Bankruptcy Judge Robert Littlefield Jr., the 14-acre North Road property, which includes a 6,100-square-foot, chateau-like mansion, would be listed at $1,999,000, according to the listing agreement. The court-appointed Chapter 7 trustee, attorney Christian Dribusch, previously suggested in court that attempting to sell the home might not be worth the effort because of outstanding mortgage debt and a state tax lien. Dribusch told the Business Review he's since determined that a sale of the property near the intended list price could potentially generate a few hundred thousand dollars for the estate. A provision of the bankruptcy code could allow for a reduction of the state's claim, he said. The state tax warrant against Roglieri totals about $573,000 including penalties and interest, according to Warren County records. The North Road home also secures two KeyBank mortgages worth about $930,000, court papers indicate. Dan Davies, owner of Davies-Davies, declined to comment because the proposal to hire his firm still requires court approval. The firm, which has an office in Queensbury, sold more than $133 million of residential real estate in the region last year and had the highest average sale price — $839,882 — of any company on the List. Under the proposed arrangement, Davies-Davies would be entitled to 2.5% of the purchase price, according to court records. Dribusch said he's winterized and secured the North Road property, which will reduce carrying costs. In court papers earlier this year Roglieri estimated his monthly home maintenance, repair and upkeep expenses to be about $26,500, plus another $2,500 for utilities. Another, smaller property on the dead-end North Road — a 4,450-square-foot home on a 3-acre lot — that's unrelated to the Roglieri estate was listed for sale last month at $859,900, according to Zillow, which indicates a sale of that property is pending. Other near-term agenda items for Dribusch as he seeks to offload assets for the benefit of Roglieri's creditors include arranging for the return of a 2018 Ferrari F488 GTB N-Largo from a body shop in Westchester County so that it can be sold through the Saratoga Auto Museum and auctioning off the remaining items inside the North Road home next month. Prime Capital Ventures, a non-bank lender that Roglieri formed in late 2021, ostensibly to fund large-dollar deals, is facing a separate bankruptcy proceeding initiated last month by Dribusch, who indicated in initial paperwork that the company may have hundreds of millions of dollars in liabilities. Roglieri last month was indicted on five counts of wire fraud after allegedly defrauding a potential commercial borrower last year out of millions of dollars. He has pleaded not guilty. Roglieri been held without bail since his arrest in May and recently asked a judge to revisit the subject of his pretrial incarceration. Federal prosecutors haven't yet filed a full response to the request. https://www.bizjournals.com/albany/news/2024/10/29/roglieri-mansion-queensbury-listing.html1127
- Who does term loans?In Other Business Finance·April 8, 2024What are the programs terms?41970
- May 9th, Fort Lauderdale, be there!In Promotions·April 9, 2024Funder Intel's Highly Anticipated Business Lending and Commercial Finance Mixer Returns to Fort Lauderdale mixer 4.1.mp4 Funder Intel Industry Mixer https://www.wix.app/events/4c467abc-de81-4e85-8c91-08ed4fd1eba9/1aee31bf-3850-47e5-94f4-f34d7445b079/details?d=https://www.funderintel.com/event-details/business-lending-industry-mixer-161372
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