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07-22-2014, 03:13 PM #1
- Join Date
- Jan 2014
- Posts
- 283
Who likes funding Pizza Places?!
I have a client who owns a pizzeria, 3 Locations and needs funding. Has an existing advance, $3000 balance(only for one location). Having a hard time funding it due to:
Low credit
NSFs
Had an issue with his current Lender(miscommunication by Sales Rep)
Multiple Processors linked to one account
Tax Lien (in payment plan)
He deposits $50-$75/monthly, with 35%-40% coming by way of Credit Card. I do not think he tried to circumvent his Lender and is up to date with them, he is just not very organized.
*YS has it, Pearl made an offer(way to low)