[skideeppow]

I have a merchant, has a spa. Doing 40k a month. Banks are great and i am sure credit is good.

I got him some offers on $35k. 1.36 over 12 paying 8. No origination fee. On Deck declined him, that is my goto low rate funder.

He said he has the following offer. $35k, 1.17 over 12 months. Besides Amex, who else is doing deals like this? Paypal?

[SBF]

I have a merchant, has a spa. Doing 40k a month. Banks are great and i am sure credit is good.

I got him some offers on $35k. 1.36 over 12 paying 8. No origination fee. On Deck declined him, that is my goto low rate funder.

He said he has the following offer. $35k, 1.17 over 12 months. Besides Amex, who else is doing deals like this? Paypal?

Yeah, Loan Builder (Paypal) would be my guess too. I have seen some pretty low rates like that from Rapid as well..

[skideeppow]

Yeah, Loan Builder (Paypal) would be my guess too. I have seen some pretty low rates like that from Rapid as well..

that is who i got the offer from, rapid.

[abfunders]

Try to sell them a LOC with Bluevine. They'll try to help with the close even.

[clowdnine]

We can. We are competitive and if the credit is good like you say, we should be able to compete or match the offer.

[ghosthand]

Try Channel Partners, rev might be too low though. Ive seen them offer buy rates as low as 1.10

[skideeppow]

Try Channel Partners, rev might be too low though. Ive seen them offer buy rates as low as 1.10

is channel partners Chase?

[skideeppow]

Try to sell them a LOC with Bluevine. They'll try to help with the close even.

i have tried Bluevine in the past and everything i get comes out to around 25%. I have never had them offer something low, like 50 basis points per month like they advertise.