Sub 500 Fico
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  1. #1
    Senior Member Reputation points: 70961
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    Jul 2017
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    548

    Sub 500 Fico

    We have been getting a few sub 500 credit merchants recently that I don't want to just throw in the garbage. Any funders that do this? Not always first position so elevate is out of the question.

  2. #2
    Senior Member Reputation points: 10484
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    Aug 2019
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    Recently un-retired, "shocked" that nothing has changed.
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    116

    Some funders don't pull credit at all. Try those.

  3. #3
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Pearl is typically one of the most aggressive funders when it comes to merchant's with sub-500 FICO scores, as long as the business is healthy

  4. #4
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
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    386

    We do, have you signed up with me yet?
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  5. #5
    Senior Member Reputation points: 91418
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    402

    Quote Originally Posted by freeprocessing View Post
    We have been getting a few sub 500 credit merchants recently that I don't want to just throw in the garbage. Any funders that do this? Not always first position so elevate is out of the question.
    SuperFastCapital.com and you'll get our offers in 15-20 minutes max.

    Reach out to joe@superfastcapital.com for an ISO packet.

  6. #6
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    MANTIS funds sub 500 all day long! --- conveyor belt style (some would say like a beer bottling company weeks before new years).
    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

  7. #7
    greenbox

  8. #8
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    904

    A lot of funding shops deal with sub 500 credit merchants, ourselves included. There's a lot of money to be made on those and they can potentially become bigger as renewals come in. Feel free to sign up with us if you haven't already and ill appoint you to an ISO rep here at our firm.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  9. #9
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    498

    I have funded many merchants with Fico in the 400's. We only fund credit card split deals.
    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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