[Mynameisbob]

I know this is a long shot but I need a fund that can consolidate ondeck and Paypal around 90K total. Company does around 200K monthly and has federal contracts.

[Kevin Henry-Seacoast]

I know this is a long shot but I need a fund that can consolidate ondeck and Paypal around 90K total. Company does around 200K monthly and has federal contracts.

factor that!

[Mynameisbob]

His tib is only 18 months and it’s labor work

[Kevin Henry-Seacoast]

His tib is only 18 months and it’s labor work

18 month is fine. Labor work as in contract workers working under government contracts....that's fine too.

[Davincinc]

18 month is fine. Labor work as in contract workers working under government contracts....that's fine too.

cant you leverage the gov. contracts?

[Kevin Henry-Seacoast]

cant you leverage the gov. contracts?

The receivables

[mcaguru]

all else fails ...try cresthill capital !

[JMB]

all else fails ...try cresthill capital !

Maybe people would use mantis more if you didnt kill every deal after everythings in and cojs get sent out (which you dont provide labels for, for a reason i guess)

[skideeppow]

Maybe people would use mantis more if you didnt kill every deal after everythings in and cojs get sent out (which you dont provide labels for, for a reason i guess)

yeah but they are doing billions in volume over there. It must just be your deals they are killing. Marcus funds millions daily.

[JMB]

yeah but they are doing billions in volume over there. It must just be your deals they are killing. Marcus funds millions daily.

lmao yea its gottta be just me , hate to see it

[RickyR3712]

Maybe people would use mantis more if you didnt kill every deal after everythings in and cojs get sent out (which you dont provide labels for, for a reason i guess)

That is the reason that they gave me.Bottom line it will cost to much since a ton of deals die in uw daily.

[JMB]

That is the reason that they gave me.Bottom line it will cost to much since a ton of deals die in uw daily.

I will just never understand why they dont save every ones time and efforts and UW b4 they give out contracts like the norm, noone wants to send files to go thru all the steps and have the merchant mailing **** out to then say oh btw the deals dead heres another contract lol feel like that wastes more time

[ryan $]

I will just never understand why they dont save every ones time and efforts and UW b4 they give out contracts like the norm, noone wants to send files to go thru all the steps and have the merchant mailing **** out to then say oh btw the deals dead heres another contract lol feel like that wastes more time

It gets expensive.

They used to do it that way, then you havemerchants backing out and the underwriting costs go through the roof.

This way contracts in, then all the expenditure happens.

If you put money into your own deals youd know why this way is better.

[HDF]

That is the reason that they gave me.Bottom line it will cost to much since a ton of deals die in uw daily.

LOL. Sometimes it appears like some "funders" are actually set up as collection agencies #1 first and foremost and funders #2. Either side of the coin can dictate how they underwrite. If we all want to admit it like big boys and girls, it is not difficult to identify a file that is a poster child for default. But why not monetize it anyway as part of the game it seems -- Sometimes.

[Mynameisbob]

I only send deals to mantis when I’m drunk and My girl over at midnight doesn’t answer...

[ryan $]

Consolidating into One Payment sure....

But forget about lowering the Payments with any kind of Merchant Cash Advance.

[TB ACF]

We can look to consoidate that.

[melspeck]

TransMark Funding does all the UW upfront. We do a pre-app and will let you know if we can do anything upfront. If anything can be done we will normally have funds to merchants within 3 days.
Contact me at:

Mel Speck
mspeck@TransMarkFunding.com
sales@TransMarkFunding.com


1490 W Government St. Ste 7-286
Brandon MS 39042
601-292-6998 (direct)
800-579-1273 (toll free)
601-292-6998 (fax)
www.TransMarkFunding.com

[WestCoastFunding]

TransMark Funding does all the UW upfront. We do a pre-app and will let you know if we can do anything upfront. If anything can be done we will normally have funds to merchants within 3 days.
Contact me at:

Mel Speck
mspeck@TransMarkFunding.com
sales@TransMarkFunding.com


1490 W Government St. Ste 7-286
Brandon MS 39042
601-292-6998 (direct)
800-579-1273 (toll free)
601-292-6998 (fax)
www.TransMarkFunding.com

Underwrite what? You’re brokers, just like everyone else on this forum.

[TransMark]

This is a late post to this, but would like to clarify something. TransMark Funding is NOT a broker or agent ("like everyone else on this forum"). TransMark Funding is a DIRECT funder, based in Mississippi. Feel free to contact them directly at Sales@TransMarkFunding.com or call them at 601-292-6998. They are a direct funder, they do not send your file/app anywhere else, they do not file UCC's (never have), and there's no PG. They also provide the merchant a 3-day rescission period, under which the merchant may return the funds and cancel the deal (it's never been used, but it's part of their Purchase Agreement). If/when they pull credit, it's a soft pull (and comes from them, not someone else). IF they process an ACH, the name on the ACH in the merchant's account is "TransMark Funding LLC".