Results 1 to 16 of 16
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10-02-2018, 02:36 PM #1
- Join Date
- Apr 2017
- Posts
- 127
Approvals for sub 500 credit?
Client owns a mechanic shop doing 80k monthly, keeps pretty good daily balances but has sub 500 credit.
Only got an approval for 5k so far due to credit
any lenders that will work with sub 500?
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10-02-2018, 02:38 PM #2
- Join Date
- Feb 2017
- Posts
- 3,425
..
Last edited by abfunders; 10-02-2018 at 02:41 PM.
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10-02-2018, 02:43 PM #3
- Join Date
- Apr 2017
- Posts
- 127
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10-02-2018, 02:43 PM #4
- Join Date
- Jun 2016
- Location
- Tampa, FL
- Posts
- 180
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10-02-2018, 02:46 PM #5
You can try Elevate as well. No credit pulls
You either win or you learn. The only failure is in quitting.
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10-02-2018, 03:03 PM #6
- Join Date
- Jun 2014
- Posts
- 541
Plenty of the sponsor/funders on this board will fund below a 500 FICO, including COOPER. Send it along-
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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10-02-2018, 03:34 PM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,948
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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10-02-2018, 04:05 PM #8
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10-02-2018, 04:48 PM #9
- Join Date
- Aug 2014
- Location
- New York, NY
- Posts
- 71
Thanks rdg. If this is a first position we should be able make an offer. Credit is not an issue.
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10-02-2018, 10:29 PM #10
- Join Date
- Jan 2017
- Posts
- 387
Have you signed up with us yet and let us give you an approval on this deal?
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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10-03-2018, 11:31 AM #11
- Join Date
- Dec 2013
- Posts
- 4,713
We may be the LARGEST FUNDER approving the SUB 500 files (fund dozen or so per day!!) { THE END}
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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10-03-2018, 12:56 PM #12
- Join Date
- Feb 2018
- Posts
- 1,349
question, if your the largest funder of sub 500 files, how are your loss rates and collections? To get to that level, you have had to stop paying on all your trades and I cant imagine a high rate mca being on their mind to payback when times get rough again. are your collection methods , let's say, different than most?
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10-03-2018, 07:53 PM #13
- Join Date
- Jun 2016
- Posts
- 416
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10-04-2018, 11:10 AM #14
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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10-04-2018, 02:16 PM #15
- Join Date
- Aug 2017
- Location
- NYC/Miami
- Posts
- 112
We deff do! Email eli@appfunidng.com
High risk, Direct funder.
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10-04-2018, 02:22 PM #16
We will take sub 500 credit scores, and previous defaults as long as they are not within the last 30 days
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