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04-07-2020, 02:45 PM #1
Reputation points: 47257
- Join Date
- Apr 2013
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- Basalt CO
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- 867
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04-07-2020, 07:06 PM #2
Reputation points: 1960
- Join Date
- Oct 2019
- Posts
- 48
I've been in the credit card processing industry for 21 years and in MCA for 2 years with a few thousand merchants in our portfolio and have majority of our merchants personal and business information already.
Each of the 10 merchants i wrote up have authorize me to talk to their accountant, i suggest this as its a short cut and cuts alot of time.
The way i know what documents to be collected is from the broker i work with. The way they knows what docs is through their lender.
Like i mentioned I haven't received one approval from my 10 deals I don't know if they are going to require more docs! maybe they will and maybe they wont, hell who knows. Point is I'm trying not to waste to much time in a forum and start turning in deals.
i'm not saying I got this thing figured out, at the beginning I was struggling with the doc collection but its getting easier now
What i'm finding out is that those same accountants, bookkeepers are referring me merchants now little by little, 2 today.
They are sending a complete file with all the docs which helps tremendously.
If and when i get approvals and paid commission ill let you guys know, to many damm Debbie downers here.
Im sharing this because i didn,t know what the heck i was doing at the beginning, still uncertaint, no approvals yet,
trial and error.Last edited by inacio; 04-07-2020 at 07:11 PM.
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