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  1. #1
    Senior Member Reputation points: 208
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    Fund online business?

    Do any funders find online businesses? If not why not?

  2. #2
    Senior Member Reputation points: 81655
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    Quote Originally Posted by Iscibibi153 View Post
    Do any funders find online businesses? If not why not?
    Credit Card Split
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    Senior Member Reputation points: 23750
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    Quote Originally Posted by Iscibibi153 View Post
    Do any funders find online businesses? If not why not?

    Most funders will fund an ecommerce business (especially now with Covid19). However most cannot switch their CC processing because they are integrated with their platform like shopify, squarespace, wix etc... so CC splits will most likely not be an option for most.

  4. #4
    Senior Member Reputation points: 6544
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    Dec 2018
    Location
    48 Wall St. New York, NY 10005
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    Yes, we fund IT online sales/service.
    Jeff Pecori
    Business Development & ISO Relations

    VitalCap Fund | 48 Wall St. | New York, NY 10005
    P. 850.630.7509 Ext.101 | F. 646.219.7949
    jeff@vitalcapfund.com

  5. #5
    Spartan does!!! email me here Ryan@spartancapitalgroup.com

  6. #6
    Senior Member Reputation points: 81655
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    Quote Originally Posted by MCA View Post
    Most funders will fund an ecommerce business (especially now with Covid19). However most cannot switch their CC processing because they are integrated with their platform like shopify, squarespace, wix etc... so CC splits will most likely not be an option for most.
    Your info regarding cc splits is very inaccurate. Example, switching from Square or any aggregator is NOT an issue, while we could make provisions to split from the likes of Square, there are other reasons for switching the merchant to a direct MID -

    Shopify Web Site: -Since they integrate with numerous Gateways, the merchant has the option to change.

    100 payment gateways

    From bitcoin to PayPal to iDEAL, Shopify integrates with over 100 external payment gateways from around the world.

    Same with PayPal and Square - those platforms also prefer their own in-house processing, but, a merchant may easily move to an outside processor. Quick Books is another example.

    A list of USA Gateways that work with Shopify -
    https://www.shopify.com/payment-gateways/united-states

    BTW - If anyone wants to add cc split funding to their options to offer merchants, call me
    Last edited by Yankeeman07; 06-01-2020 at 11:37 AM.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
    Posts
    378

    We do.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  8. #8
    The funding partners in Become's online lending marketplace are now focusing extra effort on providing financial solutions for e-commerce/online businesses: www.become.co/ecommerce-loans/

  9. #9
    Member Reputation points: 308
    Join Date
    Apr 2016
    Location
    Ft Lauderdale
    Posts
    56

    We fund online businesses all day long . Feel free to call or email me with any questions .

    Jake Strelzik
    Vice President / ISO Relations

    4000 Hollywood Blvd
    Hollywood , FL 33021
    954-641-8756 (office) /305-785-2548 (cell)
    888 472 2933 fax
    jstrelzik@flashadvance.com
    www.flashadvance.com

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