Results 1 to 9 of 9
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10-09-2018, 03:56 PM #1
- Join Date
- Sep 2013
- Posts
- 36
online retail 150K per month
I have an online retail store that is doing 150K per month and has two current MCA and is looking for another MCA with his merchant account. does anyone do a split on credit card with it being a third position? The current balance for his MCA are 36k and 18K
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10-09-2018, 04:17 PM #2
there are a few companies that would do that but the banks would still need to be positive. Nobody that I know of is going to fund the cc account and do a split deal if the banks are all banged up and negative all the time
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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10-09-2018, 04:22 PM #3
- Join Date
- Dec 2017
- Location
- San Diego, CA
- Posts
- 45
We should be able to help you on this. Please feel free to reach out to me directly:
Alex Procopio, CEO
LendrzHub
San Diego, CA
855-262-2996
Direct: 619-572-5002
www.lendrzhub.com
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10-09-2018, 04:30 PM #4
what do the ending balances look like?
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10-09-2018, 04:51 PM #5
- Join Date
- Mar 2016
- Posts
- 908
CFG does 3rd position CC Splits all the time, but the balances have to be somewhat decent. Deal will take an extra day or two to fill up the reserve, but once that is done it should be a piece of cake.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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10-09-2018, 04:54 PM #6
- Join Date
- Sep 2013
- Posts
- 36
10K to 20K ending balance
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10-09-2018, 05:24 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis funding all day. Should be able to fund same day as submission with contracts back in and then you will be protected by our renewal lock.
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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10-10-2018, 12:26 PM #8
- Join Date
- Aug 2014
- Posts
- 620
I should be able to get you a split/lockbox offer here as long as they have strong balances/cc volume. Feel free to reach out if I can be of any help.
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10-10-2018, 01:32 PM #9
- Join Date
- Feb 2017
- Posts
- 3,463
Did you take this over to Lendvo yet?
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