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10-25-2017, 01:41 PM #1Member
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- Dec 2016
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Restaurant with competing offer needs extra month or two
Restaurant doing 50-60k per month
good credit
has competing offer 60k 1.34 at 10 months
need 70k at 12-13 months
open to cc split good cc deposits
need within 24 hours
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10-25-2017, 02:16 PM #2Senior Member
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- Feb 2017
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Sterling all day long.
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10-25-2017, 02:36 PM #3Senior Member
Reputation points: 6278
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- Mar 2016
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Two reasons not Sterling:
Originally Posted by abfunders
Wont do 12-13 months
24 hours
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10-25-2017, 02:44 PM #4Senior Member
Reputation points: 227882
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Mikem, both are true.... They like to be paid back on 6 months. And their UW process is longer, and then the switching of processors.... good point.
I have some other ideas, I'll send a PM.
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10-25-2017, 04:48 PM #5Senior Member
Reputation points: 84417
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- Mar 2014
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- Florida
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We offer cc splits - Cannot do within 24 hours. (BTW - No one is going to close a deal in 1 business day) Originally Posted by GAMEOFISO'S
Does not have to change processors
1st Position OnlyDave 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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