Results 1 to 11 of 11
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04-16-2020, 09:43 AM #1
Reputation points: 203
- Join Date
- Dec 2018
- Posts
- 46
ANYONE funding merchants with ITIN# no SS
I used to fund these deals with Pearl but there not funding. anyone else that funds these deals?
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04-16-2020, 10:01 AM #2
Reputation points: 2466
- Join Date
- May 2017
- Location
- New York/Miami
- Posts
- 65
Good Morning Mike,
I am happy to take a look at what you have...we can do them but it needs to meet our monthly revenue requirement. And then we normally would also need to see that the merchant has a personal account here in the states and that they either lease or own a residence. Below is a fast overview of what we are doing:
Temporary Updated to Guidelines in regards to COVID-19- Until Further Notice
Business Bank Statements Needed: Last 4 Months & MTD
Gross Annual Revenue: $900,000 (this will average about $75K per month)
Time in Business: 2 years
Terms Provided: 3- 10 months
Payment options: Daily, Credit Card Split/Lock-box (Weekly-on exception now)
Credit: 600+
Negative Days: No more than 5 per month
Preferred Industries
Doctors/ Healthcare (Nursing Facilities, Medical Staffing Agencies, Pharmacies)
Grocery Stores (Convenience Stores/Liquor Stores/Bodegas/Gas Stations, etc.)
Take-out/Delivery ONLY Restaurants (Take out & Delivery prior to COVID-19)
Industries With Financials Needed with Submission (Location will be reviewed upon submission)
Import/Export- All But Europe
Wholesale- Excluding Electronics
Trucking
Retail (E-commerce)
Hospice- Must Have Tested Incoming Patients
Restricted Industries Due to COVID-19 Pandemic (Not Currently Funding)
Hospitality
Travel
Restaurants & Bars (closed due to COVID-19)
Nail Salons/ Hairdressers
Electronics Wholesales
Large Congregations in an Open Space (Gym, Entertainment Venues, etc.)
Educational Services (Schools, Day Cares, Seminars, etc.)
Auto Sales (new & used), RV Sales, Boat Sales, Marina's
Import/Export- Not Funding Europe
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04-16-2020, 10:14 AM #3
Reputation points: 8447
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 502
We have funded a few ITIN deals in the last year. We only fund credit card split deals.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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04-16-2020, 10:20 AM #4
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
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04-16-2020, 10:51 AM #5
Reputation points: 203
- Join Date
- Dec 2018
- Posts
- 46
sent waiting on update, thanks RYAN!
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04-16-2020, 10:52 AM #6
Reputation points: 203
- Join Date
- Dec 2018
- Posts
- 46
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04-16-2020, 01:43 PM #7
Reputation points: 8098
- Join Date
- Dec 2017
- Posts
- 277
Merchant Cash Group
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04-16-2020, 01:55 PM #8
Reputation points: 203
- Join Date
- Dec 2018
- Posts
- 46
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04-16-2020, 04:44 PM #9
Reputation points: 1348
- Join Date
- Mar 2016
- Location
- Franklin Square, NY
- Posts
- 17
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04-16-2020, 11:17 PM #10
Reputation points: 203
- Join Date
- Dec 2018
- Posts
- 46
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04-17-2020, 03:19 PM #11
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
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