Low Number of Deposits
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  1. #1

    Low Number of Deposits

    Hi,

    Which funders provide capital to businesses with a low numbers of deposits?

    The file I currently have has 3 deposits in May, 2 deposits in June and 3 deposits in July.

    The average ledger is over $3,000 for the past 3 months.

    Industry: Video and audio production company.

    Thanks in advance,
    Mike
    msla*****er@sla*****er.com

  2. #2
    Senior Member Reputation points: 54977
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    Mantis would maybe give it a shot, would need to see bank stmts, needs to avg at least 3 deposits a month the last 3 months --
    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

  3. #3
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    Quickbridge

  4. #4
    The Business Backer does low deposit frequency files, need at least 1 a month for them

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Michael Sla*****er View Post
    Hi,

    Which funders provide capital to businesses with a low numbers of deposits?

    The file I currently have has 3 deposits in May, 2 deposits in June and 3 deposits in July.

    The average ledger is over $3,000 for the past 3 months.

    Industry: Video and audio production company.

    Thanks in advance,
    Mike
    msla*****er@sla*****er.com
    Depends on who the deposits are coming from, if they are cash deposits, we cant really offer anything. But if they happen to be deposits from a recurring payer we could consider some type of offer depending on the relationship between the payer and the merchant.
    East Shore Equities, LLC
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  6. #6
    Quote Originally Posted by Sachip24 View Post
    Quickbridge
    Thank you for responding.

    Anyone in particular you would recommend I speak to?

  7. #7
    Quote Originally Posted by Alpha View Post
    The Business Backer does low deposit frequency files, need at least 1 a month for them
    Thank you Alpha.

    Anyone in particular you would recommend I speak to?

  8. #8
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    Quote Originally Posted by Michael Sla*****er View Post
    Hi,

    Which funders provide capital to businesses with a low numbers of deposits?

    The file I currently have has 3 deposits in May, 2 deposits in June and 3 deposits in July.

    The average ledger is over $3,000 for the past 3 months.

    Industry: Video and audio production company.

    Thanks in advance,
    Mike
    msla*****er@sla*****er.com
    @Lendvo we can do as little as 1 but ledgers need to be above 15% of top line deposits.

  9. #9
    Senior Member Reputation points: 24
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    @lendvo, please pm me

  10. #10
    Senior Member Reputation points: 24
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    alpha, please pm me

  11. #11
    Senior Member Reputation points: 24
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    not sure i did this correctly. Please pm me

  12. #12
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    Loanme!

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