Results 1 to 10 of 10
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10-18-2018, 05:15 PM #1
- Join Date
- Apr 2013
- Posts
- 363
Need CC Split for C Paper -- Where did all the Cc options go...?
Finding that between Everest, Mantis and some of my other lenders, they only do ACH.
The A-B lenders will do split; but the very reason I need split over ACH is because these are C paper deals.
Any recommendations?
No brokers FFS. Thanks.
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10-18-2018, 05:22 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Is Fundworks considered C paper? If so, they’ll do splits.
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10-18-2018, 06:28 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,005
Dave Lambert, Business Development
Managed Services Provider
https://www.united-internet.com
https://www.nmi.com
dave@fcbankcard.com
Office: 727-233-1111
Skype: fc-financial
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10-18-2018, 10:51 PM #4
- Join Date
- Aug 2014
- Location
- New York, NY
- Posts
- 71
We will fund CC splits with up to 15 negative days/month. FICO is not an issue. Call me for more details. Andy
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10-18-2018, 11:23 PM #5
Lots of lenders can and will do a split and originally the only way ,but what used to be the standard became second to ach programs , a merchants processing was typically unchanged so a split would be less risky , until some not all merchants would switch their processor to get funded , Some lenders would adjust accordingly and some lenders were slow paid or not paid at all.
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10-19-2018, 01:13 PM #6
- Join Date
- Jun 2017
- Posts
- 2,049
simply mca
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10-22-2018, 12:43 PM #7
- Join Date
- Sep 2016
- Posts
- 49
We regularly do splits in the B-C paper space, up to an estimated 8 months, and will use a lockbox if necessary so merchant does not need to change processor. However we will not do a CC split if there is extensive negative banking. Please feel free to reach out for more info.
Avraham Sharaby
Director of Business Development
Fintap
777 Passaic Ave, Suite 375
Clifton, NJ 07012
Phone: 973-500-6692
Cell: 443-416-2765
Asharaby@Fintap.com
www.Fintap.com
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10-23-2018, 11:07 AM #8
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 504
We are a true direct lender and fund only credit card split deals. We have been in business since 2005, same office and most of the same people. We are first position only, net rule is 75% but we do fund deals with bad credit, nsf's, negative days, negative ending bal, previous defaults (if paid in full).
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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10-24-2018, 06:13 PM #9
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
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10-25-2018, 11:36 AM #10
- Join Date
- Jan 2017
- Posts
- 389
Have you signed up with us yet? We can do this.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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