7 Mo TIB; 725-775 Bur; 2 Owners; Tire Wholesale; Not Retail
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  1. #1

    7 Mo TIB; 725-775 Bur; 2 Owners; Tire Wholesale; Not Retail

    ****7 Months Time in Business****

    Prospect wants LOC starter line & has the following profile
    below. TIB is too short, but checking to see if 2 scores of
    725 to 775 (per the Owners) might allow for a smaller starter line.
    Doing about $50K to $60K in sales last 2/3 months. No
    advances so far.

    Tire Sales
    NOT a Retail Location. Warehouse to Retail. They do not fix cars, do no change
    Tires, no environmental issues. The Warehouse is in Oregon
    & the Corporate Address is in Washington State, therefore the reason for
    the addresses in 2 States.

    I wanted to check on this before telling client it is out of bounds. The
    main thought was a conservative starter line with the credit being the
    strength behind it. Then telling the customer it will increase as the
    relationship progresses.

    Thanks,

  2. #2
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Corp credit cards.

  3. #3
    Senior Member Reputation points: 227860
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    I sent you an email Will. The program I help ISOs get setup with is perfect.

  4. #4
    Quote Originally Posted by Will Sanio View Post
    ****7 Months Time in Business****

    Prospect wants LOC starter line & has the following profile
    below. TIB is too short, but checking to see if 2 scores of
    725 to 775 (per the Owners) might allow for a smaller starter line.
    Doing about $50K to $60K in sales last 2/3 months. No
    advances so far.

    Tire Sales
    NOT a Retail Location. Warehouse to Retail. They do not fix cars, do no change
    Tires, no environmental issues. The Warehouse is in Oregon
    & the Corporate Address is in Washington State, therefore the reason for
    the addresses in 2 States.

    I wanted to check on this before telling client it is out of bounds. The
    main thought was a conservative starter line with the credit being the
    strength behind it. Then telling the customer it will increase as the
    relationship progresses.

    Thanks,
    please contact me jmorales@accelcapital.com so we can set up an iso relationship.

  5. #5
    Senior Member Reputation points: 503040
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    Oct 2016
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    Quote Originally Posted by jmorales1718 View Post
    please contact me jmorales@accelcapital.com so we can set up an iso relationship.
    Are you a direct funder, broker, or syndicator?

  6. #6

  7. #7
    Senior Member Reputation points: 11170
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    350

    Loc?

    Quote Originally Posted by Han Solo View Post
    send that over to SOS Capital, newdeals@soscapital.com cc desiree@soscapital.com
    Sos does lines of credits? I am signed up with you and didn't know that. What are your req?

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