[ABL America]

My client's deposits are around $39k/mn, but he is averaging around $1700 a month in over draft and NSF fees. 2 positions open. and a 590 FICO.

The only shot of getting him money is a lockbox. I appreciate anyone recommending a direct lender in this space who would look at this file. Thanks.

[Yankeeman07]

My client's deposits are around $39k/mn, but he is averaging around $1700 a month in over draft and NSF fees. 2 positions open. and a 590 FICO.

The only shot of getting him money is a lockbox. I appreciate anyone recommending a direct lender in this space who would look at this file. Thanks.

Call me -

[ryan $]

1700 a month in Overdraft and NSF, assuming he is bouncing payments to current lenders.....

This is a dead end.

[mikem]

1700 a month in Overdraft and NSF, assuming he is bouncing payments to current lenders.....

This is a dead end.

Not necessarily.
We've done deals with 20 negs, 60 nsf's+, bouncing on funders, as long as there are merchant statements and balances arent too high.

[Wayne Lawson]

Hey! My name is Wayne with GuardiangLendingGroup we focus on MCA and credit card split. Because there is a processor involved I can get c, d, e paper funded.

see below what we typically look for:

MCA

• Funding 10-​500​​k
​• ​1st and 2nd positions
• ACH, CC split and lockbox (we split with the top 10 processors
​• ​Daily, weekly​ remits
• Renewals / refi's start at 50% paid off
• ​Solid ​underwriting / offers ​- 1-4 hours
•​ Same day funding on most small / medium files
• ​Soft credit pulls​

email me! wayne@guardianlendinggroup.com

Wayne Lawson • Marketing Director
Guardian Lending Group | 204 25th street suite 204 | Brooklyn, NY 11232
D: 917-921-4741 | F: 347-662-3059 | wayne@guardianlendinggroup.com

[ryan $]

2 Positions
590 Fico
1700 a Month in NSF Fees and Overdraft....

I wouldnt waste my time looking at it. Thats just me.

What are the balances? If they are low then yea it could prob get done - Gotta switch processing though... No Lockbox