iPhone Repair Shop doing 125k a month clean banks, anyone doing this industry?
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  1. #1

    iPhone Repair Shop doing 125k a month clean banks, anyone doing this industry?

    The client's looking for $60k - 100K with a weekly payment. Monthly Gross revenue 125k, average daily balance 12k

    He owes the following:
    Grand $37K
    Power Up $15K

    The payments were $700 & $535 daily but he reduced them last month to $405 & $300 as you will see on the bank statements.

    I need you to preview the file without pulling credit yet. He's been pulled a couple times and hasn't granted permission - please note his score is around 650 on his personal bureau according to his online platform. I have a credit report.

    Please let me know what you think. If you can hit the numbers on a weekly payment please provide me an offer based on a 650+ score and I will get it approved to pull credit.

    Direct lenders only please

  2. #2
    Senior Member Reputation points: 503040
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    reduced payments killed his chances.

  3. #3
    Lowered payments definitely killed his chances

  4. #4
    Senior Member Reputation points: 2126
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    move on

  5. #5
    Senior Member Reputation points: 203690
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    lowered = default..

  6. #6
    Banned Reputation points: 179851
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    No Chance for Weekly.

    If its a LoanMe State - He may be able to get Monthly.

  7. #7
    Senior Member Reputation points: 54977
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    Mantis WILL fund a lowered payment in the event: eventually resumed to original contracted amount !!!

    FASTEST OFFERS / FEW STIPS / DOUBLE DIGIT COMMISSIONS / LATEST HOURS IN MCA......
    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

  8. #8
    He is currently our client and did not authorize to have his credit pulled or statements reviewed for new funding. I'd be happy to discuss the deal with you if you'd like.

  9. #9
    He has a $58k balance with us after todays add on funding and can afford around $550 daily. His credit is good, but not enough history or tradelines to call it "A Paper". Power Up is paid in full as of today. If anyone wants to discuss doing a "B Paper" 13 months deal for him at $120k paying off our balance I'd be happy to apply a discount for the merchant. Private message me if interested.

  10. #10
    Hello,

    We offer can offer up to $250,000 on a weekly payment and pay off the other balances.

    For more information, please contact me.
    Cameron Kargl
    DiversePayments.com
    Direct Office: 310-707-1235
    cam@DiversePayments.com

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