Who's the best for CC holdbacks?
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  1. 03-07-2018, 12:50 PM #1
    Sachip24
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    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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  2. 03-07-2018, 12:51 PM #2
    WestCoastFunding
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    Not sure if this is even a fit, but Principis has come with some incredible offers lately.
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  3. 03-07-2018, 12:58 PM #3
    With A C
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    May want to try QuikStone Capital, formally Sterling
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  4. 03-07-2018, 01:08 PM #4
    Jason Sterling
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    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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  5. 03-07-2018, 01:15 PM #5
    ISELLCASH
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    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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  6. 03-07-2018, 01:17 PM #6
    The Chosen One
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    Principis is by far the worst "A" paper funder ever. Office is full of broke dicks.
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  7. 03-07-2018, 01:19 PM #7
    Cashman1
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    Quote Originally Posted by Sachip24 View Post
    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
    BFS would do this pending his Fico
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  8. 03-07-2018, 02:29 PM #8
    gaxisa
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    Quote Originally Posted by The Chosen One View Post
    Principis is by far the worst "A" paper funder ever. Office is full of broke dicks.
    Oh definitely agree. And if they send you an offer and you don't respond to it, they backdoor your file. Claim they pay you on it, but who would.
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  9. 03-07-2018, 05:13 PM #9
    Yankeeman07
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    Quote Originally Posted by Sachip24 View Post
    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
    Call me - I do credit card splits - and we can work with the NSF.

    BTW - You cannot get backdoored on any deal. The funder does not have
    an internal sales force. All deals go thru me.

    Contact me directly for an MCA/NDA
    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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  10. 03-08-2018, 03:29 PM #10
    ryan $
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    Oh Dear
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  11. 03-23-2018, 03:48 PM #11
    bankergirl
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    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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