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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)
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07-22-2014, 05:36 PM #2
Who likes funding Pizza Places?!
Have you tried Ty over at New Era?
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07-22-2014, 06:09 PM #3
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
You said he has multiple processing accounts . Does he have 1 processing account per location? Or multiple processing accounts per location ( which means hes splitting and no one will fund it )
I can get it done IF he has 1 processing account per location
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07-22-2014, 09:43 PM #4
- Join Date
- Jan 2014
- Posts
- 283
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07-23-2014, 11:23 AM #5
- Join Date
- Jun 2014
- Posts
- 541
Does maintain separate operating accounts for each location? Send me PM.
Supposed it depends on what happened with the current advance, but it sounds fundable-
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
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