[Lendvo]

Our company generates a decent amount of organic applications; the #1 decline reason we have is "low Revenue" i.e. merchants with below $9k per month in monthly top-line.

We get bombarded with ISOs dying for our declines but no one wants these low revenue files. Anyone have good experience with either a lending platform, reputable funder, or business credit card offer that works well for this cohort?

[abfunders]

Business credit card? That's our specialty. Please call me and we'll get this done.

[Jagopat]

Our company generates a decent amount of organic applications; the #1 decline reason we have is "low Revenue" i.e. merchants with below $9k per month in monthly top-line.

We get bombarded with ISOs dying for our declines but no one wants these low revenue files. Anyone have good experience with either a lending platform, reputable funder, or business credit card offer that works well for this cohort?

CFG Merchant Solutions doesn't require a Minimum Deposit requirement to fund deals. As long as their cashflow is strong/consistent, no more than 6 negative days per month and they have decent ADB's, we can usually generate an approval.

If you'd like to find out more, shoot me an email/PM or give me a call.


Thank You,

Andrew Jagopat
CFG Merchant Solutions
t: (646)880-3824 | www.cfgmerchantsolutions.com | AJagopat@CFGMS.com
85 Broad Street, 18th Floor, New York, NY 10004

[NoBigDeal]

As long as their cashflow is strong/consistent, no more than 6 negative days per month and they have decent ADB's

I'm not an UW, but this is a confusing

[Michael I]

CFG Merchant Solutions doesn't require a Minimum Deposit requirement to fund deals. As long as their cashflow is strong/consistent, no more than 6 negative days per month and they have decent ADB's, we can usually generate an approval.

If you'd like to find out more, shoot me an email/PM or give me a call.


Thank You,

Andrew Jagopat
CFG Merchant Solutions
t: (646)880-3824 | www.cfgmerchantsolutions.com | AJagopat@CFGMS.com
85 Broad Street, 18th Floor, New York, NY 10004

what is the min. a merchant needs to do to qualify with you?

[mcaguru]

We have a separate division that ONLY focus on MICRO-FILES will fund a 5K in monthly revenues. So we fund tens of files a day between 2-10K and almost never need a COJ on the micro-files-program (FASTEST OFFERS..double digit commissions and of course fewest stips!!).
(oh.... we also fund JUMBO deals 100K+!!)
Signup today!!

[Jagopat]

The merchant cannot have more than 6 negative days per month. Their Daily Balances need to be able to support a daily pull (Ie. They can't deposit $5K/Mon and have balances of $50). Also, as long as the months don't fluctuate too much, Underwriting will look at the file. There is no minimum deposit amount.

[Michael I]

The merchant cannot have more than 6 negative days per month. Their Daily Balances need to be able to support a daily pull (Ie. They can't deposit $5K/Mon and have balances of $50). Also, as long as the months don't fluctuate too much, Underwriting will look at the file. There is no minimum deposit amount.

ok so i have a merchant doing 1k a month and average bank balance of 1500 what will he be approved for ?

[Jagopat]

He could potentially be approved for $1-1.5K. You can gladly send over the file and I'll let you know if any of the Underwriters put out an approval.

[aredmond]

ok so i have a merchant doing 1k a month and average bank balance of 1500 what will he be approved for ?

Well this is the definition of a sarcastic response. 1k/month.....No need to troll this hard on a Monday morning....

[NoBigDeal]

Well this is the definition of a sarcastic response. 1k/month.....No need to troll this hard on a Monday morning....

Unless he was waiting for someone to pipe in on how ridiculous it is for funders to waste their time, money, and resources on <$5k deals

[aredmond]

[QUOTE=NoBigDeal;73382]Unless he was waiting for someone to pipe in on how ridiculous it is for funders to waste their time, money, and resources on <$5k deals[/QUO

This is true. Monetizing those deals is just spinning your wheels....

[Michael I]

Well this is the definition of a sarcastic response. 1k/month.....No need to troll this hard on a Monday morning....

yes i was being sarcastic. cfg will only fund a second position and to say they have no min. is total nonsense . every funder has some sort of guidelines

[chrisGoAccredited]

Email me, We will take them chrisg@ascendfundings.com

[golf2014]

Chris no