CC split
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. #1
    Member Reputation points: 17
    Join Date
    Jul 2018
    Location
    Ft lauderdale, FL
    Posts
    37

    CC split

    Hey. Who does CC splits for C-D paper? This will be a third position, merchant does 15-20k/m in CCs

    Merchant is looking for 12-15k. Possibly more if we can
    Last edited by Nikki96; 12-06-2018 at 02:33 PM.

  2. #2
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,977

    Quote Originally Posted by Nikki96 View Post
    Hey. Who does CC splits for C-D paper? This will be a third position, merchant does 15-20k/m in CCs
    What amount of funding?
    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

  3. #3
    Member Reputation points: 17
    Join Date
    Jul 2018
    Location
    Ft lauderdale, FL
    Posts
    37

    12-15k

  4. #4
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by Nikki96 View Post
    Hey. Who does CC splits for C-D paper? This will be a third position, merchant does 15-20k/m in CCs

    Merchant is looking for 12-15k. Possibly more if we can
    cc splits are 1st position lending only.. let everyone know who does a 3rd on a cc split. could be interesting

  5. #5
    Senior Member Reputation points: 27981
    Join Date
    Aug 2017
    Posts
    249

    Quote Originally Posted by Davincinc View Post
    cc splits are 1st position lending only.. let everyone know who does a 3rd on a cc split. could be interesting
    I don't really hunt for business on DF, but we can do a 2nd position CC split at FiveTower (probably not a 3rd though).

    Brian McGratty
    FiveTower
    917-868-3912
    brian@fivetower.com

  6. #6
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by Big Mack View Post
    I don't really hunt for business on DF, but we can do a 2nd position CC split at FiveTower (probably not a 3rd though).

    Brian McGratty
    FiveTower
    917-868-3912
    brian@fivetower.com
    who can you split with? better yet do you have a list of processors you cannot split with? And is it a true split or lockbox?

  7. #7
    Senior Member Reputation points: 45092
    Join Date
    Aug 2016
    Posts
    275

    Quote Originally Posted by Davincinc View Post
    cc splits are 1st position lending only.. let everyone know who does a 3rd on a cc split. could be interesting
    Thats not true, we will fund a split on any position as long as the merchant has room. PM for info

    Can do direct splits with Evo, Benchmark, Micamp and ofc integrity. If not we cam always do a lockbox

  8. #8
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by moneygreen View Post
    Thats not true, we will fund a split on any position as long as the merchant has room. PM for infohttps://dailyfunder.com/newreply.php?do=newreply&p=109647

    Can do direct splits with Evo, Benchmark, Micamp and ofc integrity. If not we cam always do a lockbox
    what kind of rates though? I would hate to get a 3rd 1.49 cc split with a 27% remittance, that would blow

  9. #9
    Senior Member Reputation points: 45092
    Join Date
    Aug 2016
    Posts
    275

    Quote Originally Posted by Davincinc View Post
    what kind of rates though? I would hate to get a 3rd 1.49 cc split with a 27% remittance, that would blow
    If file is clean 1.40 making 10 about 5-6m maxing at 25%
    If its hairy 1.47 making 10 3-5m making at 25% even if the merchant is negative 75% of the month
    Best part is if we need to do a lockbox you wont have to wait days to fund, we can fund as soon as we get everything back and set up split after (commissions will be paid after we start collecting)

    If you guys have questions or want to sign up, please call or text my cell 516-666-1235

  10. #10
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    Quote Originally Posted by Davincinc View Post
    cc splits are 1st position lending only.. let everyone know who does a 3rd on a cc split. could be interesting
    This is Incorrect

  11. #11
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
    Posts
    389

    We do!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

Similar Threads

  1. CC Split
    By Mynameisbob in forum Merchant Cash Advance
    Replies: 11
    Last Post: 09-26-2018, 11:34 AM
  2. Cc split
    By Jstarr in forum Merchant Cash Advance
    Replies: 2
    Last Post: 06-30-2017, 06:09 PM
  3. 2nd Split ACH
    By fundgorilla in forum Merchant Cash Advance
    Replies: 1
    Last Post: 05-06-2015, 06:32 PM
  4. Who Does EPS Split with?
    By skideeppow in forum Merchant Cash Advance
    Replies: 0
    Last Post: 01-19-2015, 11:04 AM
  5. Does anyone know if we could split. . .
    By CO1 in forum Merchant Cash Advance
    Replies: 5
    Last Post: 04-26-2013, 11:23 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY