Results 1 to 6 of 6
Threaded View
-
11-27-2017, 07:38 PM #1
End of the Month, Funding Frenzy
The end of the month is here and the funders are going nuts!! What makes your file effective to be funded is you the agent always being one step ahead of the funder.
Have that MTD ready!! ( If it looks weak tell the merchant make a deposit asap)
Have the payback months ready!! (review the payback months yourself prior to sending)
Depending on deal size request full financials ahead of time so if merchant has to reach out to accountant and request it doesn't waste a day to fund.
Know your file so when a lease or landlord verification is requested, and the merchant owns the property you already have the mortgage statement and or the property tax bill ready to send!!
At times agents say the funder is asking for this and that but you should know from jump what you need to fund.
Get on it and Fund Fund Fund!
Getting all your stipulations in order ahead of time and or forecasting other stps that may be requested will determine if your file funds today or tomorrow or the day after thatLast edited by CraaaCraaa Radio; 11-27-2017 at 10:51 PM.
Disclaimer
This message brought to you by:
CraaaCraaa Radio ®
http://debanked.com/merchant-cash-ad...nce-directory/
World of MCA
E.V.P Business Development
___________________________
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."
Similar Threads
-
Over 5 NSFs a month seeks 30-60 k in funding
By GBFunding in forum Deal BinReplies: 5Last Post: 11-07-2017, 01:41 PM -
WHO is funding, 2-3 deposits a month besides Qb and YSC
By MX211 in forum Deal BinReplies: 8Last Post: 05-26-2016, 04:13 PM -
need funding for a 30-45k a month client
By BuyTanningSalons in forum Merchant Cash AdvanceReplies: 4Last Post: 11-06-2015, 08:36 AM -
Need a New Funding Source for ISO with fundings over 1.0M x month
By microboby in forum Merchant Cash AdvanceReplies: 34Last Post: 06-02-2015, 03:03 PM -
Franchise Frenzy
By WhoisKingsley in forum Merchant Cash AdvanceReplies: 3Last Post: 07-17-2014, 12:49 PM