High Risk CC holdback
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  1. #1
    Senior Member Reputation points: 203690
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    High Risk CC holdback

    merchant does about 40k in cc monthly
    has balance of 19k via cc holdback currently
    looking to pay that off and get another 15-20k through credit cards
    ach not possible too many nsfs
    Restaurant in NYC
    credit score 600

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    lot of places would do a deal like this.. Who is his current balance with? That will gove you an idea of what kind of bank you need to get the deal done
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
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    Quote Originally Posted by J.Celifarco View Post
    lot of places would do a deal like this.. Who is his current balance with? That will gove you an idea of what kind of bank you need to get the deal done
    GoCap is current lender

  4. #4
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    I dont know them so cant say what banks would be on the same level to try and get done at
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  5. #5
    Hey there,

    Feel free to send it over to us and we'll take a look. ISOSupport@merchantcashgroup.com
    Jacob Gabriel
    Merchant Cash Group
    Jacob@merchantcashgroup.com

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