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03-07-2018, 12:50 PM #1
- Join Date
- Jan 2014
- Posts
- 1,378
Who's the best for CC holdbacks?
Restaurant in NY
merchant does about 50k in cc month
current balance of around 25k on cc they are holding 15%
wants to pay them off net another 20-30k if possible
he does have quite of few of NSF's which is reason I am having issues with current lenders I have that can do holdback
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03-07-2018, 12:51 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Not sure if this is even a fit, but Principis has come with some incredible offers lately.
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03-07-2018, 12:58 PM #3
- Join Date
- Jan 2017
- Location
- Milwaukee, WI
- Posts
- 24
May want to try QuikStone Capital, formally Sterling
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03-07-2018, 01:08 PM #4
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 502
Thanks. We can take a look at it but no guarantees as payoff puts it over our typical 25-30% of net
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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03-07-2018, 01:15 PM #5
- Join Date
- May 2013
- Posts
- 67
Fundsofast splits with vision and integrity and will lockbox any other processor.
Feel free to email info@fundsofast.com for more details.
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03-07-2018, 01:17 PM #6
- Join Date
- Nov 2016
- Posts
- 91
Principis is by far the worst "A" paper funder ever. Office is full of broke dicks.
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03-07-2018, 02:29 PM #7
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03-23-2018, 03:48 PM #8
or get you all the way to funding to say that you were denied ...some BS if i ever seen it
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03-07-2018, 01:19 PM #9
- Join Date
- Jan 2018
- Posts
- 353
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03-07-2018, 05:13 PM #10
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
Last edited by Yankeeman07; 03-08-2018 at 03:56 PM. Reason: Aditioanl Info
Dave 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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03-08-2018, 03:29 PM #11
- Join Date
- Jun 2017
- Posts
- 2,049
Oh Dear