[Money2Fund]

Have an autobody shop doing roughly 40 to 60k monthly
credit score 650
never has had an MCA

They are looking for a traditional line of credit, they don't want anything with a daily ach, or the MFS model, which they would give you a draw in 6 week incrementals

They are looking for a 50k line of credit, with monthly payments any idea where i might possibly be able to land this deal and get it done

Thanks

Brent

[WestCoastFunding]

A bank. The merchant needs to get real.

[NickHubbard]

Headway Capital
https://www.headwaycapital.com/

Bluvine
https://www.bluevine.com/line-of-credit/

[nrh1lp]

Bluevine is a weekly draw, still a pretty solid program for the right type of clients though. Kabbage does monthly payback, after that its pretty slim pickens

[ryan $]

Have an autobody shop doing roughly 40 to 60k monthly
credit score 650
never has had an MCA

They are looking for a traditional line of credit, they don't want anything with a daily ach, or the MFS model, which they would give you a draw in 6 week incrementals

They are looking for a 50k line of credit, with monthly payments any idea where i might possibly be able to land this deal and get it done

Thanks

Brent

Sell them on Weekly. Its either X Weekly or Xx4 Monthly. WTf is the difference?

These merchants don't know what they want, its up to you to tell them

[mishatbb]

Headway Capital
https://www.headwaycapital.com/

Bluvine
https://www.bluevine.com/line-of-credit/

Check out Headway, sister company of TBB (both owned by Enova International, NYSE: ENVA)

[Nikkiclean06]

Go over there tax returns with them meaning. Does your tax returns show a profit or a loss in the last 2 years. Usual answer is no they do not. At that point that will be your bullets. I would get those tax returns as well. Once you start talking Fins these merchants dont do the work and if they do there Fins are shot thats why he is even on the phone with you. Probably hasn't even filed in the last 2 years. That is my selling point. I would send it to QuarterSpot if you got em and sell it
Early payment discounts renewable source of capital blah blah blah

Customer : I want a monthly payment
Rep : Do you have 5 years of tax returns ( hahahah)
Customer : No
Rep : Micro Payement
Customer: This loan is amazing

[WestCoastFunding]

If the merchant is serious and has their financials in order, get them a SBA Express revolving line of credit. But gotta be honest with you, not many lenders are going to get excited about a $50K line. I personally wouldn't even do it because of time management reasons.

[Karen37a]

If the merchant is serious and has their financials in order, get them a SBA Express revolving line of credit. But gotta be honest with you, not many lenders are going to get excited about a $50K line. I personally wouldn't even do it because of time management reasons.

Warren Buffet lol

[matt.estes]

Thanks for the shout out, NickHubbard.

BlueVine has both 6-month weekly and 12-month monthly repayment options up to $150,000.

For new ISO requests:
partnerinquiry@bluevine.com
(929) 202-8152

For general questions / questions on deals in process:
partners@bluevine.com
(929) 202-8152

For deal submissions:
submissions@bluevine.com
(929) 202-8152

Best,
Matt

https://www.linkedin.com/in/mwestes/