Cash Advance with no minimum # of deposits requirement
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  1. 10-06-2017, 03:04 AM #1
    ABL America
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    Cash Advance with no minimum # of deposits requirement

    My client has average deposits $120k from April though August. They are looking for a cash advance. They have solid credit (high 600s to low 700s, no NSFs or other issues).

    The issue is the # of deposits per month is very low (4, 4, 3, 2, 4). Does anyone know a direct lender who doesn't have a minimum # of deposits requirement?

    Thanks.
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  2. 10-06-2017, 06:09 AM #2
    Eddie.deangelis
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    Cash Advance with no minimum # of deposits requirement

    Send to mpeeler@sfscapital.com. Strategic funding!
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  3. 10-06-2017, 06:10 AM #3
    Eddie.deangelis
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    Cash Advance with no minimum # of deposits requirement

    Quickbridge will also do the deal but max term is approx 7 months.
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  4. 10-06-2017, 10:41 AM #4
    ABL America
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    Thanks.
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  5. 10-06-2017, 11:42 AM #5
    Lendvo
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    Doable for us @Lendvo. Shoot us an email: support@lendvo.com
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  6. 10-06-2017, 03:57 PM #6
    mishatbb
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    TBB does low # deposits, just need to be >0 every month. We will require contracts showing upcoming revenue (equal to 1 month's revenue aka $120K in this case), just a heads up, but if they have consistent business that's not going anywhere this shouldn't be a problem to provide. mmitsnefes@businessbacker.com
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  7. 10-09-2017, 12:37 PM #7
    ISELLCASH
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    Due to the low # of deposits FundSoFast would consider this restricted and the merchant would qualify for a 4-8 month term up to 75k. If they pay well this deal would be moved to standard pricing upon renewal.

    info@fundsofast.com
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  8. 10-10-2017, 07:43 PM #8
    BluWhale Capital
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    Send to info@BluWhaleCapital.com.

    We can definitely do it.
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  9. 10-10-2017, 08:36 PM #9
    WestCoastFunding
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    Quote Originally Posted by BluWhale Capital View Post
    Send to info@BluWhaleCapital.com.

    We can definitely do it.
    Here we go.
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  10. 10-10-2017, 09:15 PM #10
    Revenue Consultant
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    Cash Advance with no minimum # of deposits requirement

    Where did they come from?
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  11. 10-11-2017, 08:09 AM #11
    ryan $
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    bluwhalecapital.com is literally top 5 worst websites and names ive ever seen.
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  12. 10-11-2017, 08:37 AM #12
    WhoisKingsley
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    Quote Originally Posted by ABL America View Post
    My client has average deposits $120k from April though August. They are looking for a cash advance. They have solid credit (high 600s to low 700s, no NSFs or other issues).

    The issue is the # of deposits per month is very low (4, 4, 3, 2, 4). Does anyone know a direct lender who doesn't have a minimum # of deposits requirement?

    Thanks.
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