[Nick MGM]

Does anyone know of Funders that will pay off 2 or more positions besides Par, Rapid, Premiere, River Advance, Vital Cap, Seacost, Quickstone, Franklin capital and Fundamental?

Having trouble getting a few files paid off.

Thank you.

[thesmartermerchant2020]

Nick-Consider The Smarter Merchant & visit The Smarter Merchant's Facebook page:https://www.facebook.com/groups/thesmartermerchant/


SPRING 2020 UW GUIDELINES:

PREMIUM- 3-10 MONTHS - 1.15 - 1.25 BUYRATES - UPSELL TO 15 POINTS - BUYOUT INTO 1st POSITION -1st AND 2nd POSITIONS- DAILY/WEEKLY OPTIONS - 675 FICO - 30k MINIMUM MONTHLY SALES - UP TO 2 DAYS NEGATIVE - 30 MONTHS MINIMUM TIME IN BUSINESS

STANDARD- 3-9 MONTHS - 1.21 - 1.32 BUY RATES - UPSELL TO 12 POINTS - BUYOUT INTO 1st AND 2nd POSITION - 1st - 3rd POSITION FUNDING - DAILY/WEEKLY OPTIONS- 550 FICO - 10k MINIMUM MONTHLY SALES - UP TO 5 DAYS NEGATIVE - 12 MONTHS MINIMUM TIME IN BUSINESS

HIGH RISK- 2.5-5 MONTHS - 1.28 - 1.37 BUY RATES - UPSELL TO 10 POINTS - NO CONSOLIDATIONS - 1st-6th POSITION FUNDING - DAILY PAYMENTS ONLY - NO CREDIT SCORE MINIMUM - 10k MINIMUM MONTHLY SALES - UP TO 7 DAYS NEGATIVE- 6 MONTHS MINIMUM TIME IN BUSINESS

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The Smarter Merchant
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[DTFdowntofund]

Fundkite

[WestCoastFunding]

Fundkite

Aren’t they using Par’s programs?

[DTFdowntofund]

Aren’t they using Par’s programs?

Are they? Coulda sworn FK was in the consol game before Par. I know Jimmy really started pushing the reverse model around Feb 2018, so at least for the structure of reverses vs. straight consolidation, maybe?

[Michael I]

Fundkite

they broker out deals. merchants got multiple credit pulls when you send a file to them

[DTFdowntofund]

they broker out deals. merchants got multiple credit pulls when you send a file to them

I had no idea. I never submitted to them personally, was just being recruited / pitched. Good to know.

[DTFdowntofund]

I know ML factor was dabbling with consols a while back too, but I don't know anyone who's closed one with them before.