Results 1 to 5 of 5
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07-15-2019, 10:41 AM #1
- Join Date
- Jan 2018
- Posts
- 92
Restaurant deal with negatives and bounced payments
Hey guys, I don't know if this is doable, but this merchant has a $25k balance with Rapid, and does about $50k a month but the statements have multiple negative days in the last 3 months - I have the CC statements, so I was wondering if a pay off is possible.
I don't think it can be done, but I have seen some alternative options for clients that I never thought could get funding.
He has property but doesn't want to use.
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07-15-2019, 11:41 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
I cant talk to this file ..I know Mantis is the king with HIGH NSF"S !!
FYI get on board ASAP ...if you are still not ...you'll thank me later !!Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-15-2019, 11:52 AM #3
- Join Date
- Jun 2018
- Posts
- 55
If he changes his mind on the property, WBL can do it.
David Fite
Director of ISO Relations
Windgate Capital
40 Wall Street, 29th Floor, New York, NY 10005
Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
David@WindgateCapital.com ǀ https://www.WindgateCapital.com/
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07-15-2019, 07:31 PM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
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
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07-18-2019, 01:40 PM #5
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 498
If you didn't find a home for this yet we do very well with NSF's/negative days and might be able to make an exception to our net rule if the processing volume is strong.
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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