[Sachip24]

50% owner
decent fico
new business opened 4 months
no current positions
do about 30k a month

[JoVistarr]

Silver Capital

[ryan $]

LoanMe
Just about every high risk shop
1.49 60 Days

[Sachip24]

LoanMe
Just about every high risk shop
1.49 60 Days

not loanme state unfortunately. High risk giving me hard time with only 50% ownership

[Lmonus]

i can do the 4 months TIB no problem - but i want both owners.

[Sachip24]

i can do the 4 months TIB no problem - but i want both owners.

the second owner has nothing to do with the business he put up the money for merchant so he does not want to sign any paperwork. Merchant is looking for the 15k to buy out the other owner and become 100%.

[abfunders]

How's the credit?

[Lmonus]

I want to make sure the 2nd owner isnt hiding anything MCA Related to his name. If a credit pull can be done on both owners and both check out, im sure i can convince one of my underwriters to take a bite on this file as long as the statements are halfway decent.

Let me know if this is an option.

[Jason Sterling]

We can look at this if they have solid credit card volume

[AllDayMoney]

I would need both owners on the application with full information but I can get them the money they are looking for.

[fundingsmbs]

i think wellen is 3 months tib (*may want to check updated guidelines)

[mcaguru]

Mantis funds with ONLY 3 months in business .... Cresthill can do a 50% (or less ownership)..

[Sachip24]

Mantis funds with ONLY 3 months in business .... Cresthill can do a 50% (or less ownership)..

is that two separate lenders you're telling me about? I need a funder that can do both 4 months in business and using one owner of 50%

[mcaguru]

is that two separate lenders you're telling me about? I need a funder that can do both 4 months in business and using one owner of 50%

you mean funders..we don't have a loan product.

[Sachip24]

you mean funders..we don't have a loan product.

Can you do it or not Marcus so I can send you the file you said Cresthill on one part then Mantis for the other.

[WestCoastFunding]

Marcus, yes or no. Stop wasting people’s time.

[Sachip24]

I want to make sure the 2nd owner isnt hiding anything MCA Related to his name. If a credit pull can be done on both owners and both check out, im sure i can convince one of my underwriters to take a bite on this file as long as the statements are halfway decent.

Let me know if this is an option.

Lior, if I am able to get the others owners information for you to check out and everything comes back fine, would you be able to do actual funding using the other owner only, or would both still have to sign all docs?