[freeprocessing]

Hi,

I have a merchant that has 2 positions. Both 10 month terms. He is willing to pay them off before getting funded so he can get an 18 month term. Can anyone here underwrite the file and give a 1st position 18 month soft offer pending the merchant paying off the other positions?

[Christian]

Grp, Principis, IOU, Quarterspot. In that order.

[freeprocessing]

Grp, Principis, IOU, Quarterspot. In that order.

Would they give a soft offer for a first position pending the merchant paying off the other positions?

[fundingsmbs]

grp/bfs auto declines anyone who stacks? who cares if they payoff before, they will just stack again post funding and than any of those or other companies who go out 18 months will get stiffed

[Christian]

GRP might in a situation where the merchant paid them off first. Prinicipis likely would make an offer without requiring merchant to pay off assuming combined balances were under 50k.

[fundingsmbs]

how is principis these days with approvals and final contracts in/funding? they had decent terms rates but the process was very rough to actually fund

[FUND3R1]

I think SFS or Kapitus goes out to 15 months if you merchant doesn't mind less 60 payments...

[fundingsmbs]

^ good co. concur