2016 News Releases
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a credit line solution to a high end luxury home builder in Oregon. The firm was looking to expand their business and needed a credit line solution for working capital needs. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We were pleased to assist this luxury home builder with working capital to grow their business. They have been experiencing a lot of growth and were needing a solution to gear up for the upcoming spring season. The luxury home builder focused on the Oregon market by providing its new construction homes to clients with a focus on lakefront homes. "By doing an in depth analysis of the client's business we were able to identify the best credit line solution," noted Rainstar Capital Group's Managing Director Roger Nelson who assisted on the transaction."We were able to structure a solution that met this client's needs and we look forward to future business with them." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group announced today it had welcomed Roger Nelson as a Managing Director of New Business Development. "We are excited to have Roger join our team," stated CEO Kurt Nederveld, "Roger has a strong track record in the commercial real estate bridge loan,equipment and corporate finance sector. His strong financial services background and problem solving ability will greatly assist our clients." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group has a great platform that I wanted to be a part of," stated Roger Nelson. "I am excited to bring my expertise to their team and begin serving clients." Nederveld noted that Nelson would be working across multiple product lines but would focus heavily on the newly launched 4 hour equipment financing program, 48 hour business loan, contractor and commercial real estate loan programs. "Roger will serve our clients well and we look forward to having him on our team" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Roger Nelson- Roger@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today it had welcomed Tony Walker as a Managing Director of New Business Development. "We are excited to have Tony join our team," stated CEO Kurt Nederveld, "Tony has a strong track record in the small business, merchant cash advance, equipment and corporate finance sector. His strong marketing and capital markets experience will greatly benefit our clients." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group has an exciting trajectory in the capital markets," stated Tony Walker. "I am excited to begin working with them and further the firm's growth." Nederveld noted that Walker would be working across multiple product lines but would focus heavily on the newly launched 4 hour equipment financing program, 48 hour business loan, contractor and commercial real estate loan programs. "Tony will serve our clients well and we look forward to having him on our team" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Tony Walker- Tony@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today it had welcomed Jay Rich as a Managing Director of New Business Development. "We are excited to have Jay join our team," stated CEO Kurt Nederveld, "Jay has a strong track record in the corporate finance, commercial real estate and small business financing sector. His strong business acumen and deal making ability will greatly assist our clients." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group and I will be a great fit," stated Jay Rich. "I am pleased to join their team and begin serving our clients. The multifaceted platform of different financing products that Rainstar Capital Group has is truly impressive." Nederveld noted that Rich would be working across multiple product lines but would focus heavily on the newly launched 4 hour equipment financing program, 48 hour business loan, contractor and commercial real estate loan programs. "Jay will serve our clients well and we look forward to having him on our team" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Jay Rich- Jay@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a expansion capital solution to AshotofAdrenaline.net- an online fitness publishing firm. A Shot of Adrenaline led by Founder Todd Kuslikis was looking for expansion capital to meet their growth needs. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We were pleased to assist A Shot of Adrenaline with their expansion plans. They have a great platform that has content that helps people master body weight exercises and Todd Kuslikis is a true inspiration in the fitness space!" The fitness publishing firm was needing expansion capital to meet customer demand and increase advertising campaigns. They have been experiencing tremendous growth in their subscription platform and user base. "Rainstar Capital Group has a great financing platform." stated Todd Kuslikis, "Working with Kurt Nederveld was a great experience and he quickly walked us through the product lines that could assist us with our growth. After going through their discovery process they were able to get an LOI issued and we were fully funded soon after. I would highly recommend to any fellow business owners seeking capital to reach out to Rainstar Capital Group!" Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group announced today a strategic relationship with a private bridge lending fund located in Texas that specializes in nationwide hard asset loans, specialty financing, bridge loans, and single tenant build to suite construction financing geared towards high growth credit & non-credit retailers, restaurants, service and healthcare providers. "We are excited about this relationship and their confidence in our ability to source and assist them in deploying their capital," stated CEO Kurt Nederveld, "The fund has a strong track record and its principles are well versed, highly successful real estate developers. Their core business serve the commercial real estate market well along with their unique asset financing programs!" The private bridge fund focuses on providing capital in the 1-10M range nationwide across all major commercial real estate assets such as industrial, office, multifamily, land, retail and triple net properties. The fund lends up to 65% of the appraised value of the asset and has a twelve to eighteen month terms with no prepayment penalty after six months. The fund also lends on hard assets such as collectibles, high end art, and accounts receivables. It focuses on closing transactions in 7-30 business days and has a large base of repeat borrowers. "One of the programs that I have been most impressed with," stated CEO Kurt Nederveld. "is their new nationwide construction program for single tenant, NNN and build to suit retail development. The new construction program provides up to 100% of the loan to cost and 80% of the completed value with a twelve to eighteen month term." Nederveld noted that Rainstar Capital Group was already actively underwriting and getting transactions completed with the private money fund and anticipated a busy fourth quarter. Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today the launch of a four hour direct lending platform for small balance equipment transactions up to five hundred thousand. "We are excited to become a direct lender for the equipment space," stated CEO Kurt Nederveld, “Our fintech platform allows us to be able to fund clients same day in four hours for equipment transactions. We are very excited at the speed at which we can deliver capital to our clients!” Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Small and medium sized businesses need the ability to access capital quickly." noted Nederveld, “We are excited at the diversity of industries we can fund and the many types of equipment.” Rainstar Capital Group noted that the below matrix was their target: -Deal Sizes- 5k to 500k -Purchase and Cash out Refi -Rates 7%+ -3-5 year terms -Monthly amortization -Up to 100% Financing -Minimum 2 years in business -No Startups -Minimum 620 credit score -Restricted Industries: Bars, Collection/Telemarketing agencies, Fitness/Gyms operating for less than 5 years under current ownership , Restaurants operating for less than 5 years under current ownership , Internet Service Providers, Application Service Providers , Mortgage brokers, Property Managers , Cash-advance companies, Racing: MotoCross, NASCAR, etc. Radio/Television stations, Gaming/Casinos , and Oil/Gas related companies Restricted types of equipment: Advertising programs , Amusement park, Playground equipment, Airplanes, Automated Teller Machines, Decompression tables costing over $25,000 , Energy-saving equipment , Hazardous waste equipment, Hood/exhaust systems, HVAC, Inflatables, Irrigation systems, Kiosks, Permanent fixtures, Pre-fabricated buildings, Satellites, Solar panels, Spray tanning booths, Tanning beds, Trains, Underground equipment, Vending equipment , Water coolers and Water filtration units -Target Industries: Construction, Agriculture, Transportation, Medical, Hospitality FF & E, Sports Rental Equipment (ATV’s), Marine, IT, Manufacturing, Technology, Software, Automotive, Professional Services, Healthcare and Pharmaceuticals "With the launch of our direct lending platform we are very interested in growing our broker base of finance professionals that specialize in the equipment sector to market this product!" noted Kurt Nederveld. “We are excited to add the four hour funding program to their mix!” For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today it was continuing it's team expansion with the addition of Vern Dwight as a Managing Director of New Business Development for Contractor Funding. "We are excited to have Vern join our team," stated CEO Kurt Nederveld, "Vern and I have worked together for years and I have always been impressed with his expertise in banking, underwriting and deal analysis. His 30+ years of experience in banking, commercial real estate and underwriting will be a great addition to our team." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "I am very excited to join the Rainstar Capital Group team," stated Vern Dwight. "The funding platform that Rainstar has been developing is one of the best I have seen in the industry and I am pleased to bring my talents to the firm." Nederveld noted that Dwight would be working across multiple product lines but would focus heavily on the new programs for financing commercial contractors. "Vern will do a great job working with Contractor Financing division and we look forward to what he brings to the team!" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Vern Dwight- Vern@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today that Howard Rosen had joined the team as a Managing Director of New Business Development for Contractor Funding. "We are excited to officially welcome Howard to our team," stated CEO Kurt Nederveld, "Howard is a dynamic capital markets expert with a strong track record. His background in commercial real estate, development, business and middle market financing will be a great value add to our team." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "I am very excited to join the Rainstar Capital Group team," stated Howard Rosen. "Their new product lines tailored around financing for commercial contractors really appealed to me as many in that space are seeking capital. I look forward to working with our clients on this front along with Rainstar's other product lines." Nederveld noted that Rainstar Capital Group was actively interviewing for its other Director positions and expanding its team with a specific focus on individuals in the factoring and development markets. "With our product lines expanding for Contractors and equipment we look forward to continuing to grow our team and serve our clients!" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Howard Rosen- Howard@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Marketing announced today that it was celebrating its sixth year in business. "This is a special time of the year as six years ago I started out with a dream to launch a marketing firm," stated CEO Kurt Nederveld, "Six years in business and over 100 clients served is a true testament to our hard work, diligence and focus on serving our clients in the capital markets!" Rainstar Marketing is a lead generation and marketing advisory firm based in Grand Rapids, Michigan that provides LinkedIN lead generation, outsourced CMO, social media, CRM implementation and branding services. Rainstar has served over 100 clients since its launch in October of 2010 that are in the commercial real estate, banking, fintech, private equity and capital markets. "Rainstar Marketing continues to serve not only Rainstar Capital Group but a wide base of clientele" noted Nederveld. "Going forward we are excited to continue serving clients with our marketing advisory and consulting services." For more information on Rainstar Marketing visit rainstarmarketing.com or email: Kurt Nederveld- Kurt@rainstarmarketing.com!
Rainstar Capital Group announced today that Ruth Davis had joined the team as a Managing Director of New Business Development. "We are excited to officially welcome Ruth to our team," stated CEO Kurt Nederveld, "Ruth has a strong background in the capital markets and is extremely well versed in financing commercial real estate and corporate finance transactions. Her 30+ years of capital markets experience will serve our clients well!" Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group continues to grow our team internally and across markets in the U.S. Ruth will do a great job in providing an in person presence in Los Angeles, California along with working with clients nationwide!" "I am very excited to join the Rainstar Capital Group team," stated Ruth Davis. "Their multi-faceted platform of marketing advisory, financing and distressed debt acquisitions really is unique. I have appreciated their diversity of lenders on their platform that assist in servicing the small business, equipment, commercial real estate and corporate finance needs of their clients. The relationships that Rainstar has is really what drew me to them and the ability to serve clients with many product lines." Nederveld noted that Rainstar Capital Group was actively interviewing for its other Director positions. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Ruth Davis- Ruth@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had acquired a distressed debt portfolio comprised of just under 200 defaulted installment loans. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We were very pleased to complete this acquisition and add it to our holdings. We really enjoy making these acquisitions as it continues to grow our fixed income receivables model." Rainstar Capital Group a multi strategy private equity firm provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate transactions and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "The strength of our debt modification programs that our 3rd party collection agencies implement has been very successful!" noted Kurt Nederveld, "By acquiring these defaulted loans at a significant discount we can pass along the savings to the defaulters and put them on a plan for a successful payoff creating a win/win model!" Nederveld noted that Rainstar Capital Group was actively assembling joint venture and private lender capital partners and experiencing a lot of interest from private and institutional partners to acquire portfolios. "Going into the 4th quarter we will continue to acquire these portfolios and grow our holdings!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had partnered with MentorMe Inc. to provide its client a working capital solution. MentorMe Inc’s client was a piano bar and restaurant in the Des Moines, Iowa area that needed working capital to be able to upgrade their kitchen. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "MentorMe Inc. has been a fantastic partner of ours in the Des Moines market. Their client was a successful piano bar that had a financing need to expand their kitchen. After reviewing the client’s situation we were able to swiftly provide them a solution that they were very pleased about." MentorMe Inc. CEO Ben Washburn noted, “Working with Rainstar Capital Group has been a great experience. They have greatly enhanced the value proposition we provide to our start up and existing business clientele by adding financing solutions to the consultative platform we currently operate.” Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "The restaurant space continues to be a hot niche for us in terms of providing business financing,” noted Nederveld, “Restaurants normally have a variety of financing needs and with our platform we have the ability to quickly identify the right solution and provide the right financing product." MentorMe Inc. founded by CEO Ben Washburn is a consulting firm headquartered in Des Moines, Iowa that provides a national consulting platform to start up and small businesses seeking capital raise, business, sales, strategic growth, marketing and operational systems guidance to grow their firm’s revenues. “I have been thoroughly impressed with Ben and his team at MentorMe Inc.” noted Nederveld, “Ben does a great job in helping the entrepreneur realize where their business needs assistance and then how to effectively implement a great solution. We highly recommend them to our clients in the start-up sector.” Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com For more information on MentorMe Inc. visit www.mentormeinc.com or email:Ben@mentormeinc.com
I wanted to make you aware that I am scheduled to speak at the Thriving Investor Mastermind in Phoenix August 4-6. For more information and if you are interested in attending please sign up here: http://thethrivinginvestormastermind.com/ My speaking session is going to be focused on the following: 1. What tools you need to raise unlimited capital for your real estate and note deals! 2. How Raising Capital becomes a lot easier if you leverage social media. 3. The Power of Credit Lines- what credit line products you need to start using today to grow your real estate portfolio! 4. How to speak the language of the investor you are raising capital from. 5. How to raise capital from the 3 types of Investors for your deals- Affinity, Private and Institutional. I will be in Phoenix the whole first week of August meeting with some of our business partners and fellow fund managers for some of the deals we are working on so if you are in the Phoenix market and want to meet me while I am town shoot me an email: Kurt@rainstarcapitalgroup.com or give me a call 616-821-6535!
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a debt consolidation and working capital solution to a Lawn Care Management firm in the suburbs of Chicago. The firm was experiencing growth with the spring season under way but stuck paying excessive amounts on two merchant cash advances. Rainstar Capital Group provided an unsecured line of credit to provide a cheaper form of debt for the client. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "When the CEO of this firm came to us he was frustrated after speaking with many working term loan providers and merchant cash advance firms. He shared that no one was providing a solution to the issue he currently was facing. After analyzing his firm's situation we were able to advise on a solution that he was pleased with." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "This client's story is very similar to other clients we are currently funding." stated Kurt Nederveld, 'Merchant cash advances are a great product for certain situations, but if a client gets stuck in one and is bleeding cash flow monthly it is not a good situation for that business owner. Thankfully there are solutions to combat this issue and get the owner to a better place." Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email:Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had acquired four distressed debt portfolios comprised of defaulted business and consumer loans from three FinTech lenders. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "May concluded a busy month of acquisitions for us. We continue to work with our FinTech Lender partners to be a liquidity provider to them in acquiring their portfolios of defaulted debt. Rainstar Capital Group a multi strategy private equity firm provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate transactions and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "We were pleased to have made these acquisitions and add to our portfolio holdings. These portfolios have been performing extremely well for us and we are excited to continue to acquire this debt on a monthly basis!" noted Kurt Nederveld, "We currently have the ability to acquire up to roughly ten million dollars of this debt and have been actively working with capital partners to meet this opportunity." Nederveld noted that Rainstar Capital Group was actively assembling joint venture and private lender capital partners and experiencing a lot of interest from private and institutional partners to acquire portfolios. "We look forward to continuing our portfolio acquisitions in this space!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a unsecured line of credit solution to , a single and multi family real estate investment firm based in Houston. The firm was looking for a line of credit solution to assist them in their acquisitions and to handle rehab costs for their single family flips. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We continue to be active in providing working capital solutions to clients investing in commercial and residential real estate. Chris Richmond and his team at C.A. Entreprise were great to work with and we were please to provide them this line of credit solution to assist in their growth." C. A. Richmond Enterprise is a Houston, Texas based real estate investment firm with a focus on investment in single family homes and multifamily properties. The firm focuses on an investment strategy of buy and hold and fix and flip on single family resident and multifamily properties in the Houston, Texas market while providing private investors passive income opportunities. "Working with Rainstar Capital Group has been a great experience. They were quickly able to underwrite and advise on our current situation for a need for a line of credit product," stated CEO Chris Richmond. "We look forward to using Rainstar Capital Group and collaborating with their team on our future capital needs. Along with the financing we receive from our private lenders and joint venture equity partners interested in the Houston real estate market, this line of credit will greatly assist with our current needs." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "Our unsecured lines of credit program is very popular right now with real estate investors and business clients. Most real estate investors are in need of lines of credit to be able to assist them in buying rehab supplies or to use as down payment capital on their acquisitions. The program requires a 680 credit score and is not underwritten based on years in business or current revenues which is nice especially for start ups. The lines of credit are a great solution especially for the first year when the majority of the lines come in at 0% interest for the first 12 months" noted Kurt Nederveld. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email:Kurt@rainstarcapitalgroup.com For more information on C.A. Richmond Enterprise email: christophrichmond@sbcglobal.net
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a debt consolidation and working capital solution to Concierge Financial Services in Chicago. The firm was looking for a better working capital solution to consolidate existing debts and to have an additional working credit facility for a new marketing partnership with a credit union it was looking to fulfill. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "I had the wonderful opportunity to sit down with Tom Domin, CEO of Concierge Financial Services in Chicago and learn more about their work in assisting clients in securing better financing for their motor vehicle purchases. We were pleased to be able to come in and help Tom and his team position their company for the explosive growth they have been experiencing." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. Concierge Financial Services specializes in financing, refinancing and lease end services nationwide. The firm works with credit unions and financial institutions across the country to negotiate the best loan for a consumer motor vehicle buyers situation. The firm focuses on providing a cost saving solution to consumers lowering their monthly payments while providing new clientele to credit unions in geographically focused regions. "Working with Kurt and the Rainstar Capital Group team was a real pleasure. They did a great job of understanding our needs and providing us a solution that positions our firm for future growth. I appreciated the opportunity to have Kurt meet with us in person and plan on continuing to do business with Rainstar going forward" noted Tom Domin. "Concierge Financial Services has a great business model one in which I am advising all of my associates in the banking and credit union space to take a look at. Their model for new client acquisition and new loan origination in not only the auto space, but motorcycle, marine, RV and airplane, is really good and we look forward to assisting Tom and his team in the future." stated Kurt Nederveld. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email:Kurt@rainstarcapitalgroup.com For more information on Concierge Financial Services visit www.conciergefinancialservices.com or email: TDomin@conciergefinancialservices.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a working capital solution to a Barbecue Restaurant down in Florida. The firm was looking for a better working capital solution to assist them in increasing their advertising for the upcoming spring season. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We continue to be active in providing working capital to restaurants. With spring right around the corner, this client was needing additional working capital to increase advertising. They are planning on using their food trucks as outdoor billboards by getting them wrapped with their company brand. The working capital we provided will allow them to do so" Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. The transaction was referred to Rainstar Capital Group from Jason P. who manages a business and personal credit restoration firm in Grand Rapids, Michigan. Jason made the following statement, " I would highly recommend working with Rainstar Capital Group as they have one of the most robust lending platforms we have ever seen and their ability to get tough transactions completed has been a great benefit to our firm. As a credit restoration firm we see a lot of clients needing funding. Once we have fixed their personal and business credit and we are pleased to be able to refer them to Rainstar." "Working with Jason and his client was a real pleasure and we look forward to working with Jason's firm going forward." noted Kurt Nederveld. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email:Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had acquired a distressed debt portfolio comprised of defaulted business loans from a Fintech firm based in California. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We continue to be active in our acquisitions in the distressed debt markets. We were introduced to this Fintech firm and after a successful negotiation we were able to acquire this portfolio allowing the Fintech firm to rid itself of its defaulted loans. We are excited about this partnership and the future business it will create." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "By successfully closing this transaction we now have the ability to on a monthly basis to purchase this Fintech's firms forward flow of defaulted loan portfolios. This creates a win/win for both of our firms and allows us to grow our portfolio holdings in this space!" noted Kurt Nederveld. Along with its activities in the distressed debt markets, Rainstar Capital Group noted that it was continuing a busy 1st quarter in providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. "We look forward to making more distressed debt acquisitions here in the 1st quarter along with growing our portfolio holdings!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a working capital solution to an construction and property management firm in Indianapolis. The firm was looking for a better working capital solution to assist them in their growth. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We continue to be active in providing working capital to construction firms and clients in real estate. This client was experiencing growth and needed a better cash flow solution. Working with their CEO and executive team was a pleasure and we were happy to assist them." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "Construction firms continue to see a strong demand for their services. We see many new developments going up in multiple cities and growth in this sector. Many of these firms experience cash flow concerns due to the time it takes to get paid. This creates an opportunity for them to leverage our working capital solutions." noted Kurt Nederveld. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email:Kurt@rainstarcapitalgroup.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a inventory financing solution to an Aircraft Parts Wholesaler in Florida. The Aircraft Parts Wholesaler is a client of Paul Shapansky a Partner at B2B CFO and was seeking a better working capital solution. Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We continue to be active in providing working capital to wholesalers. This client was experiencing tremendous growth, doubling their revenues almost every year for the past three years and looking for a better capital solution than the current Merchant Cash Advance solution they had. Working with Paul Shapansky from B2B CFO was a great experience as he provided excellent advisory on the current capital structure of the firm and the needs it had." Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "Working with Kurt and the Rainstar team was a great experience. When I first connected with Kurt I noticed that he was a member of Gideon's International. Gideon's is a mission organization that distributes Bibles in hotels and at local colleges, hospitals and universities that I am a member of as well" noted Paul Shapansky of B2B CFO, "The Gideon connection along with Kurt and his team's expertise, really made my comfortable in working with them to provide my client this financing solution. B2B CFO Partners, LLC provides strategic advisory and consulting services for privately-held companies. The firm has 233 professionals across 46 states. Paul Shapansky assists owners of privately-held companies that need on-site assistance from two important services: CFO Services; and Exit Strategy (Business Transition) Services. "Paul is an expert in his field with over 30 years of experience advising firms, "noted Kurt Nederveld. "After working with him I am highly recommending him and B2B CFO's services to our clients." Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. "We look forward to continuing to work with Paul Shapansky and B2B CFO in providing our financing solutions for clients!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com For more information on B2B CFO visit b2bcfo.com or email: paulshapansky@b2bcfo.com
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a working capital solution to an auto dealer in New Jersey. The firm led by CEO- Kurt Nederveld made the following statement, "We continue to be active in providing working capital to auto dealerships. This is the second auto dealership we have provided capital for in the last seven days. Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "The client was looking for working capital as they had outstanding receivables" noted Kurt Nederveld, "By quickly underwriting we were able to deliver this solution to the client easing their cash flow constraints. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, minimum 450 credit score and up and could be start ups. The firm noted that they continue to grow their broker representation of finance brokers seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. "We look forward to continuing to finance auto dealership clients along with other businesses!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
Rainstar Capital Group announced today that Waine Kirby had joined the team to run their newly launched equipment division. "We are excited to officially welcome Waine to our team," stated CEO Kurt Nederveld, "His knowledge and industry experience in equipment financing, banking and commercial real estate are fantastic. He has created a strong track record in his twenty plus years in banking and equipment financing." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group continues to evolve and identify niches that need funding solutions. Many business owners are seeking solutions to either acquire more equipment or pull working capital out against their equipment collateral, stated CEO Kurt Nederveld. "Waine has already been doing a great job assisting our clients with their equipment needs!" "I am pleased to join the Rainstar Capital Group team," stated Waine Kirby. "Their nationwide platform and presence is what attracted me to them. The breadth of our solutions we can offer here at Rainstar for the small business, equipment and commercial real estate space is strong. We can structure custom tailored solutions for clients by helping them in these areas." Kirby noted that the equipment division was seeing strong demand for Rainstar Capital Group's solutions from the trucking, farming, auto, construction and manufacturing sectors. For more information on Rainstar Capital Group and its equipment funding division visit rainstarcapitalgroup.com or email Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity firm announced today it had provided a working capital solution to an auto dealer in Pennsylvania. The firm led by CEO- Kurt Nederveld made the following statement, "We were pleased to have assisted this business owner in their need for working capital. Auto dealerships, at times, can be difficult businesses to finance due to their risk profile however we were able to structure a solution that met the owner's requirements. Rainstar Capital Group provides merchant cash advances, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions, while investing in distressed debt portfolios, commercial and residential real estate. The firm operates a national platform with broker/affiliate representation in all 50 states. "The client was looking for working capital to be able to expand their number of cars to sell," noted Kurt Nederveld, "By quickly underwriting and identifying the needs of our client we were able to deliver a a great solution. Rainstar Capital Group noted that it was providing its small business and equipment financing to clients in all industry verticals that were seeking capital solutions of 10k and up, with a minimum 450 credit score and the business could be a start up. The firm noted that they continue to grow their broker representation of finance professionals seeking working capital solutions for their clients. Interested brokers can register on rainstarcapitalgroup.com. "With the 1st quarter here in 2016 off to a great start, we look forward to serving more clients in their needs to grow their business!" stated CEO Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com
DebtStar Capital, a private mortgage investment and capital management firm, headquartered in Grand Rapids, Michigan announced today it was increasing its focus on bulk REO acquisitions in Michigan. The firm led by CEO- Kurt Nederveld made the following statement, "With 2015 behind us, we are excited to continue to grow our portfolio holdings here in Michigan. We continue to have strong interest in non performing note portfolios here in Michigan but have made the strategic decision to increase our acquisitions of REO's." The firm launched in 2014 has traditionally acquired portfolios of defaulted mortgages across the state of Michigan. Applying a fixed income and capital appreciation model, DebtStar Capital has worked with borrowers in default to provide them a way to stay in their home while making a more manageable payment. The re-performing mortgage notes then are normally held by DebtStar Capital inside of its portfolio. "We see great demand from real estate investors here in Michigan seeking properties to either flip or rehab and hold for rentals. With our new REO acquisition focus we look forward to working with our buyer network and making properties available to the retail market," noted Kurt Nederveld. DebtStar Capital noted that the acquisition targets for the 1st quarter were as follows: Portfolio Requirements: 50k to 10M in portfolio acquisition price Entire State of Michigan excluding Flint and Inkster Target Cities: Grand Rapids, Holland, Bloomfield Hills, Detroit, St. Clair Shores, Gross Pointe, Ann Arbor, Dearborn, Taylor, Romulus, Keego Harbor, Waterford, Romulus, Redford and Southfield Target Counties- Wayne, Macomb, Oakland Kent and Ottawa Individual Asset Minimum Fair Market Value: 40k-500k+ Property type- single family, duplex and tri-plex. Commercial- case by case basis The firm noted that they continue to have assets for sale across the state with a majority focus on the east side of the state in the suburbs of Detroit. Interested buyers can register on debtstarcapital.com. "We look forward to making 2016 a great year for DebtStar Capital by continuing our acquisitions and dispositions!" For more information on DebtStar Capital visit debtstarcapital.com or email: Kurt@debtstarcapital.com
Rainstar Capital Group, a Grand Rapids, Michigan based private equity firm, announced today that it was entering the equipment funding space by investing and providing advisory capital into equipment loans and sales lease backs through a syndication model. The firm led by CEO Kurt Nederveld made the following statement, "We are excited to be able to invest capital and assist business owners in their need for equipment. For many businesses, their equipment is a integral piece to being able to serve their customers. Our intent is to assist our clients by showing them the many options they have to acquire equipment or access working capital by leveraging their existing equipment." The new division will be working in conjunction with Rainstar Capital Group's recently launched small business funding division with small and medium size businesses in all 50 states and in all industries. "With the launch of our small business funding division we instantly began seeing needs for equipment solutions for our clients," stated Kurt Nederveld. Nederveld noted that the firm was already quoting opportunities in the farming, trucking, medical and call center sectors. The minimum requirements for equipment funding and leasebacks are as follows: -Minimum 450 credit score -Time in business: Start ups ok -Must have business bank account -Minimum Gross Revenue: No requirements -Minimum request size: $20,000+ "We also are excited to add this platform to our 2016 product offerings. We already are seeing strong demand from businesses with equipment needs." stated Kurt Nederveld. For more information on Rainstar Capital Group and its small business funding and equipment divisions visit rainstarcapitalgroup.com or email: Kurt@rainstarcapitalgroup.com!
Rainstar Capital Group announced today it had welcomed Ken Schlachter as a Managing Director of New Business Development. "We are excited to have Ken join our team to represent us in the Detroit market," stated CEO Kurt Nederveld, "Ken has a strong track record across multiple industries over his career. His strong corporate finance and capital markets experience will greatly benefit our clients." Rainstar Capital Group is a multi strategy private equity firm based in Grand Rapids, Michigan that makes investments in consumer distressed debt portfolios, small business merchant cash advances, distressed mortgages, high growth companies and residential and commercial real estate. As a capital management and advisory firm RCG focuses on the growth of its portfolio acquisitions along with serving its portfolio companies and clients. "Rainstar Capital Group is poised for an explosive 2017," noted Ken Schlachter. "I look forward to serving our clients by providing invoice, purchase order, receivables and equipment financing solutions." Nederveld noted that Schlachter would be working across multiple product lines but would focus heavily on serving the firm's small to middle market business clients with their working capital needs. "Ken will serve our clients well and represent our firm well" noted Kurt Nederveld. For more information on Rainstar Capital Group visit rainstarcapitalgroup.com or email: Ken Schlachter- Ken@rainstarcapitalgroup.com or Kurt Nederveld- Kurt@rainstarcapitalgroup.com!