Results 1 to 7 of 7
Threaded View
-
02-06-2018, 10:59 AM #5
Reputation points: 42
- Join Date
- Aug 2017
- Posts
- 39
Have you had any luck with this file? If not give us a look at it. Our niches are listed below:
Some Brief Underwriting Guidelines:
Program Length
140 days (Exceptions can be made)
Positions
1st – 7th
Min. Time in Business
3 months
Required Bank Statements
3 Months from all accounts
Minimum Credit Score
None
Min. Days of Deposits
3
Min. Monthly Bank Deposits
$18,500
Funding Amount
$10,000 - $500,000 (Over $150,000 Syndicated)
Min. Avg Daily Balances
variable
Max Negative Days Per Month
4
Max Monthly NSFs
9
Judgments/Liens
Yes – Payment Plans Only
Credit Card Splits
Yes
Restricted Industries
None
Background
No violent crimes or financial/fraud felonies
Bankruptcies
Discharged okay / No Dismissed bankruptcies within the last 2 years
Credit Report
No major delinquencies
Similar Threads
-
Contractor 6 months operation 45k Monthly
By brokerCompany in forum Deal BinReplies: 4Last Post: 01-25-2018, 02:52 PM -
Contractor 100k monthly lots of NSFs
By brokerCompany in forum Deal BinReplies: 7Last Post: 12-18-2017, 12:23 PM -
Contractor 160k monthly
By brokerCompany in forum Deal BinReplies: 5Last Post: 06-13-2017, 07:40 PM -
contractor same day fund 150k+ monthly
By brokerCompany in forum Deal BinReplies: 6Last Post: 02-27-2017, 05:08 PM -
8 months in business Contractor 200k+monthly
By brokerCompany in forum Deal BinReplies: 5Last Post: 08-23-2016, 03:28 PM