Looking to factor $80,000
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  1. #1

    Looking to factor $80,000

    My client sells high end items online, and after two weeks of processing and making sales, the processor has said they are to high risk and are holding the funds for 6 months before releasing them to the merchant, the merchant would like to factor this if possible as they are in an obvious cash crunch, especially until we get them a new processor, if you can help on this deal let me know, I am an ISO you can tex me at 424-281-7918 thank you

  2. #2
    Senior Member Reputation points: 84417
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    Quote Originally Posted by BuyTanningSalons View Post
    My client sells high end items online, and after two weeks of processing and making sales, the processor has said they are to high risk and are holding the funds for 6 months before releasing them to the merchant, the merchant would like to factor this if possible as they are in an obvious cash crunch, especially until we get them a new processor, if you can help on this deal let me know, I am an ISO you can tex me at 424-281-7918 thank you
    There is no guarantee the funds will ever be released -

    BTW, I use a real desktop phone which does not send a text message.

    Have you improved you responsiveness to phone calls?
    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

  3. #3
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    All types of shade going on over here.

  4. #4
    Senior Member Reputation points: 340530
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    Quote Originally Posted by Yankeeman07 View Post
    There is no guarantee the funds will ever be released -

    BTW, I use a real desktop phone which does not send a text message.

    Have you improved you responsiveness to phone calls?
    GMAIL account must be down....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

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