Auto Body Shop CA
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Auto Body Shop CA

    Merchant has new SSN under 2 months so no credit
    60k monthly deposits
    30K OF THAT is in Merchant Processing via Bank of America
    Problem around 15 NSFS in JUNE
    and 6 Negative Days
    Open to a Split
    DEAL IN CA.

    Who can fund this deal at 25-40k?

  2. #2
    Call these guys
    Marcus Clapman I Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    315 Madison Avenue | Suite 4026 | New York, NY 10017

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    heh "open to a split"? How about, that is his only prayer of funding?

    Plus, he processes with BofA? Does he bank there as well? If so, he might have a bundle deal, so no switching processing and no lockbox allowed

  4. #4
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by Chambo View Post
    heh "open to a split"? How about, that is his only prayer of funding?

    Plus, he processes with BofA? Does he bank there as well? If so, he might have a bundle deal, so no switching processing and no lockbox allowed
    Yeah split that is why stated. YEs Bank with BOA

  5. #5
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    Quote Originally Posted by brokerCompany View Post
    Merchant has new SSN under 2 months so no credit
    60k monthly deposits
    30K OF THAT is in Merchant Processing via Bank of America
    Problem around 15 NSFS in JUNE
    and 6 Negative Days
    Open to a Split
    DEAL IN CA.

    Who can fund this deal at 25-40k?
    We do credit card splits/lockbox - Need an explanation of new SS#?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  6. #6
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    Does the client have real estate to pledge as collateral?

  7. #7
    Senior Member Reputation points: 84416
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    Quote Originally Posted by brokerCompany View Post
    Merchant has new SSN under 2 months so no credit
    60k monthly deposits
    30K OF THAT is in Merchant Processing via Bank of America
    Problem around 15 NSFS in JUNE
    and 6 Negative Days
    Open to a Split
    DEAL IN CA.

    Who can fund this deal at 25-40k?
    Did anyone receive a reply to this post?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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