[Mynameisbob]

Who can make offers when merchants have their credit locked?

[ridextreme]

Why on earth should someone give a merchant an offer who won't unlock their credit? Don't you see any red flags anywhere?

[Mynameisbob]

He doesn't want his credit hit a million times. Sent a deal to fundkite the other day, and I recieved 4 decline emails and then 1 approval from them. Merchant comes back to tell to me his credit was hit 5 times. There has to be a better way as a broker to shop files.

[WestCoastFunding]

He doesn't want his credit hit a million times. Sent a deal to fundkite the other day, and I recieved 4 decline emails and then 1 approval from them. Merchant comes back to tell to me his credit was hit 5 times. There has to be a better way as a broker to shop files.

Ugh

[Jayson Yunason]

I can give you an offer pending credit and do a soft pull
If background check clears we can get him funded

Jayson@Mradvancellc.com

[Big Mack]

Elevate doesn't pull credit.

[ESE5020]

We can give you an offer pending credit, we fund Sub 500 credit scores, so if the deal is getting killed it most likely wont be for credit

[abfunders]

Credit locked = No hard pulls
Any funder who can do a soft pull can make an offer. I even just funded a deal with Kapitus yesterday and they didn't even put a hard pull on before funding. Rapid comes to mind, they need the hard pull before funding, though.

[Lmonus]

We just soft pulls but some still come up as Frozen/Locked with Experian.

If the merchant has Payment history with MCA companies currently debiting, its super easy to price it without credit. 1st positions normally need credit upfront to make sure there aren't any judgement or defaults.

[Jayson Yunason]

If your credit pull comes up as experian that’s a hard pull.....

[DannyFoxCap]

A few days ago we approved 100k with locked credit. However, credit had to be unlocked before drafting contracts.

[Kyle_L]

bmf capital doesnt pull credit

kyle levine 917-600-3684
kyle@bmfcapitalllc.com

[Zonefund]

Who can make offers when merchants have their credit locked?

fox

[mrmrg]

He doesn't want his credit hit a million times. Sent a deal to fundkite the other day, and I recieved 4 decline emails and then 1 approval from them. Merchant comes back to tell to me his credit was hit 5 times. There has to be a better way as a broker to shop files.

That's what happens when you submit a deal to fundkite.

[Michael I]

He doesn't want his credit hit a million times. Sent a deal to fundkite the other day, and I recieved 4 decline emails and then 1 approval from them. Merchant comes back to tell to me his credit was hit 5 times. There has to be a better way as a broker to shop files.

that is messed up.Fundkite what do you have to respond to this ?

[FundingTap123]

Chrome Capital does not require an app or credit pull until doc request.

[ryan $]

bmf capital doesnt pull credit

kyle levine 917-600-3684
kyle@bmfcapitalllc.com

BMF? Really?

[stevenk1818]

if the credit was lock credit can't be pulled !!


steve
fundkite

[happyman]

if the credit was lock credit can't be pulled !!


steve
fundkite

steve he's clearly talking about another deal u guys pulled that wasnt locked

[InhouseFunder]

What does that mean? How can they price a deal with nothing?

Chrome Capital does not require an app or credit pull until doc request.

[FundingTap123]

What does that mean? How can they price a deal with nothing?

Bank statements are enough. Actually you can even get an offer without bank statements lol: https://chromecapitalfunding.com/merchant-qualifier/

[Jayson Yunason]

Guys if they don’t want a hard pull it’s not a problem
We are high risk lenders - soft pulls only
Jayson@mradvancellc.com

[stevenk1818]

steve he's clearly talking about another deal u guys pulled that wasnt locked

we run credit once

[Mynameisbob]

I literally received 4 decline emails on one file from you guys. A day later I received another email with a 20k approval over 60 days. Didn’t matter because I got the merchant 70k elseware