[xpresscap]

Hi,

Are there any direct funders who are funding non essential business that are still operating and open for business?

[Kevin Henry-Seacoast]

We are providing factoring facilities and asset based lines of credit.

[KanjorskiPartners]

We are refinancing MCA stacks and providing new operating capital at closing.

[madeline@getbackd]

We are funding at GetBackd, and offering a deal for qualifying businesses with $1/day payments for the 2 months.

Madeline Ross
Wholesale Partner
(888)-594-1540 Ext.1192
madeline@getbackd.com
www.getbackd.com

[Mynameisbob]

The problem with Getbackd is..... They decline everything, offers takes days..... They also work with PAR Funding...

[clowdnine]

The problem with Getbackd is..... They decline everything, offers takes days..... They also work with PAR Funding...

We do not work with Par and our requirements have changed temporarily due to the economic conditions.

[WestCoastFunding]

We do not work with Par and our requirements have changed temporarily due to the economic conditions.

I’ll ask again, has anyone ever actually funded with Getbackd?

Emily, still can’t find a single reputable person to come on here and back you up, huh? Instead, all you do is sit in my DMs whining about negative questions.

Smh.

[xpresscap]

So again, who can fund non essential business that are still operating?

[Jason Sterling]

So again, who can fund non essential business that are still operating?

I have funded 4 deals since last Thursday (Cafe, Pizza Place, Towing & Auto Repair Shop, Liquor Store). I have 7 deals in underwriting, probably 3 will fund by Friday. Offers won't be as strong as usual but we can look at earlier renewals once the merchants volume starts coming up post Coronavirus. If you have a potential deal to discuss feel free to contact me.

1.Has to be a credit card split via processing conversion to one of our partners or lockbox for deals $15,000 and greater
2.Merchant cant be down more than 30% of pre Coronavirus processing volume
3.No consolidations unless very small where merchant nets 90+%. As always we are first position only
4.Full submission or deals won't be reviewed (Application, Credit Card Processing Username & Password, Feb,Mar & April MTD banks with all pages)

[KanjorskiPartners]

We are currently refinancing MCA stacks and providing new operating capital at closing.

WestCoast, I can attest to having seen one Getbackd reverse consolidation on a file we were reviewing for term loan refinancing. That is the only Getbackd MCA contract I have seen and we get about 70-80 submissions per week for MCA term loan refinancing.

[Yankeeman07]

Hi,

Are there any direct funders who are funding non essential business that are still operating and open for business?

Credit Card Splits / Lockbox (unless change of cc processing to Clearent)

Traditional SBA 7 (a) Loans - >$350K to $5 Million ( Not connected to EIBL or PPP SBA Programs)

****TheSBA will also automatically pay the principal, interest, and fees of new 7(a)loans issued prior to September 27, 2020.

[xpresscap]

Can anyone fund merchants without CC statements?

[Yankeeman07]

Can anyone fund merchants without CC statements?

I have a funding resource for NO Docs Laon with collateral.

[xpresscap]

How about MCA loans? they do not have collateral to pledge.

[Moshe73]

I've seen one funding in a MTD out of thousands and thousands of submissions received in the past two weeks.

Was non essential, 10 day 1.499 deal.

No one noteworthy is doing non-essential.

[Kevin Henry-Seacoast]

I've seen one funding in a MTD out of thousands and thousands of submissions received in the past two weeks.

Was non essential, 10 day 1.499 deal.

No one noteworthy is doing non-essential.

It all depends on what product you are trying to obtain for the prospect.......

[WestCoastFunding]

Of course Getbackd is here to claim they’re funding nonessentials.

Of. Course.

[Yankeeman07]

Can anyone fund merchants without CC statements?

You do not provide enough details for anyone to make an informed decision.
Call me to discuss.

[BestCoastFunding]

Of course Getbackd is here to claim they’re funding nonessentials.

Of. Course.

Well someone on here is funding or at least trying to. Please, inform us all if you’re actually funding or just trolling?

[Funder123456789]

Libertas Funding is still funding businesses but pretty much only essential businesses:

Health Care- Excluding Dental & Physicians whose practice is based upon elective procedures/visits Technology Companies- (Subject to review of Customer & Services provided) - Manufacturers-(Depending on products) - Heating , Plumbing & Electrical - Trucking/Transport/Logistics-(Depending upon array of products transported) - Grocery Stores/Food product sales or production (Not Restaurants) - Online Retailers (Depending on product type—i.e. discretionary vs. more basic/consumer staples)

[BMR]

https://davidallencapital.com/?refco...433476#capital

500 Fico and 700 Industries many specialty industries covered