2nd Pos CC Split
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  1. #1
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
    201

    2nd Pos CC Split

    Who does solid 2nd pos CC splits? Merchant owes 75k rapid is a deli and does 60k a month on CCs about 75k total and is negative more often than not
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  2. #2
    Senior Member Reputation points: 81657
    Join Date
    Mar 2014
    Location
    Florida
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    2,876

    The merchant is already in trouble, is there commercial real estate available,
    is FICO. TIB qualify them for a term or SBA Loan?
    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

  3. #3
    Senior Member Reputation points: 16735
    Join Date
    Jul 2013
    Posts
    350

    This file will not qualify for a 2nd CC split. CFG does do them if there is space.

  4. #4
    Senior Member Reputation points: 5448
    Join Date
    May 2018
    Posts
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    Thanks guys. No real estate available
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

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