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  1. #1
    Senior Member Reputation points: 2782
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    help w this file...

    I have a dr office that was declined because merchant has 10 overdrafts within recent months. Will any traditional lender do this or do I have to go high risk

  2. #2
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Buford, GA
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    That depends. If it is an ACH and the negative days are 5 or more this may be high risk I believe Pearl even has a 5 negative day max now because of the ACH payback. If this deal is a MCA split 10 NSF's probably won't change the approval especially if the 10 OD's are limited to a small number of days.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  3. #3
    Member Reputation points: 76
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    Apr 2014
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    Houston, Tx
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    We allow more than 10 OD's and have a weekly repayment, up to 18 months out.

    Give me a call if you still need a home for your deal.
    Lauren Lott
    ISO Business Development
    ARF Financial, LLC
    281-538-8311 ext. 2110

  4. #4
    How much is the good Dr. looking for? Feel free to send me a PM


    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 313-218-4663
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  5. #5
    Senior Member Reputation points: 2782
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    help w this file...

    still need this funded. she does around 30 or 40k it would be a second position as she has a month and a half left thru someone already. owes approx 18k on it. has 580 fico.

  6. #6
    Member Reputation points: 10
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    Jul 2014
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    Fort Lauderdale
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    We can probably help - give me a call

    Russell Crossman
    Funding Specialist
    fundzio.com
    FundZio ~ We fund outside of the Box!"
    855-386-3946 X 113
    FAX: 954-446-1519

  7. #7
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Oct 2012
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    if she is doing 30k-40k and owes 18k why would you do a second position instead of paying off the first.. If you are able to pay off the first and lower the daily payments that they are currently making a bank may be willing to look past the NSF issues in the past because future payments would be. As long as the credit is decent you should be able to get this deal done

  8. #8
    Banned Reputation points: 10108
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    We can get this deal funded.

  9. #9
    IF IT CAN BE DONE WE CAN DO IT!


    Mark Crow
    High Speed Capital LLC

    Direct: 201-301-8788
    Mark@HighSpeedCap.com

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