Lowest net % amount when consolidating existing debt via CC split
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  1. #1

    Lowest net % amount when consolidating existing debt via CC split

    What company offers the lowest net % amount when consolidating existing debt via CC split?

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

  2. #2
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    i feel like cc split is so outdated and dumb to do on a funders part when merchants can just as easily process with square or paypal on the side

  3. #3
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    it depends on the industry what type of deal and what funders will actually do honestly the net % is rarely ever "low"

  4. #4
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    Quote Originally Posted by profunder View Post
    i feel like cc split is so outdated and dumb to do on a funders part when merchants can just as easily process with square or paypal on the side
    That is why we have access to view a merchants bank account

    Advantages of a Credit Card Split / Lockbox

    Flexible Daily Payments
    No UCC
    No COJ
    No Personal Guarantee
    FICO Not a Major Factor
    NSF Not a Factor
    No Stacking
    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

  5. #5
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    Show me a CC split and I’ll show you a slow payer

    I went to the deli the other day and the dude had 4 terminals lol

  6. #6
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    Quote Originally Posted by Don Dolla View Post
    Show me a CC split and I’ll show you a slow payer

    I went to the deli the other day and the dude had 4 terminals lol
    Haha sounds like a lot of the delis in ny

  7. #7
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    Quote Originally Posted by Don Dolla View Post
    Show me a CC split and I’ll show you a slow payer

    I went to the deli the other day and the dude had 4 terminals lol
    Which if being used to evade the payback would be fraud.
    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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