Results 1 to 13 of 13
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08-03-2017, 03:53 PM #1
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Home needed: Salon with poor credit
I have tried snap and SOS and they both declined due to poor credit....so her credit must be bad. I know there are no judgements, bk, tax lein issues. Local spa and salon for me, and they just paid off cap assist on 7/13. They have since added salons as a restricted industry. AVG. 16k/month gross. Looking for 10K. Elevate does not do salons, I know mcg would take a look at it but that would be last resort.
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08-03-2017, 04:00 PM #2
- Join Date
- Sep 2016
- Posts
- 169
give ufs a try irving@ufsfunding.com or 646 460 3139
Irving Winograd
Unique Funding Solutions
646-460-3139
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08-03-2017, 04:22 PM #3Disclaimer
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World of MCA
E.V.P Business Development
___________________________
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."
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08-03-2017, 04:31 PM #4
While you search for years in business, check out the following:
Max Advance (Way better than Snap)
Cooper Asset
Vital
Infiniti
Wide
Knight
CFG
TVT
Also ask the merchant to request the payment history from cap assist to use as leverage with underwriters and also have the merchant get a zero balance letter as well.Disclaimer
This message brought to you by:
CraaaCraaa Radio ョ
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World of MCA
E.V.P Business Development
___________________________
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."
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08-03-2017, 06:11 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
POOR CREDIT alone not an issue at cresthill/Mantis!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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08-03-2017, 11:33 PM #6
- Join Date
- Aug 2014
- Location
- New York, NY
- Posts
- 71
Thanks, I guess....... We are alive and well.
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08-04-2017, 09:26 AM #7
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 200
I just wanted to clarify that salons are not restricted at Elevate, just nail salons. This is just based on the performance history of other nail salons we've funded in the past.
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08-04-2017, 12:27 PM #8
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Over 1 year in business. Max does not offer what snap will offer, they are more high risk than snap....not sure how one would say they are better.
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08-04-2017, 12:56 PM #9
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Marcus - I just shot the file over to Adam S.
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08-04-2017, 02:10 PM #10
- Join Date
- May 2017
- Location
- Jacksonville, Florida
- Posts
- 31
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08-04-2017, 04:51 PM #11
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
No no no, Andrew and I have been good friends for about 3 or 4 years now. This merchant needs someone similar to how they don't factor in credit, without the riskier terms and rates. The credit is the only thing holding this merchant back.
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08-04-2017, 05:25 PM #12
- Join Date
- May 2017
- Location
- Jacksonville, Florida
- Posts
- 31
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08-04-2017, 09:28 PM #13
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
lol I diddn't mean it to come off that way to anyone, should have clarified. mcg is great for that aspect of this file is why I mentioned them, but they qualify for a different product in other areas.
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