Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    What funders don't pull FICO

    Other than Elevate and MCG, are there any other active direct funders that do not pull a credit score when underwriting and thus don't have a minimum required FICO to fund?

  2. #2

  3. #3
    we don't pull credit unless an offer is accepted. You may email me at franks@avanzacapitalllc.com or you can call me on 212-457-1573.

  4. #4
    Senior Member Reputation points: 14091
    Join Date
    Mar 2019
    Posts
    253

    IRM can also hold off on pulling creidt if need be.
    If there are other MCA pos I do not see a reason to kill it over credit...therefore not so necessary to pull.
    what I would ask is for the merchant to provide his own copy of his credit report so we would not have to ding it.

  5. #5
    Slate Advance won't pull FICO if you don't want them to.

  6. #6
    Member Reputation points: 895
    Join Date
    Feb 2020
    Location
    Anaheim, CA
    Posts
    85

    Quote Originally Posted by upperlinecap View Post
    Other than Elevate and MCG, are there any other active direct funders that do not pull a credit score when underwriting and thus don't have a minimum required FICO to fund?
    LoanMe does do a soft-pull during pre-approval but we can work with ALL valid FICO returns, including 9002 & 9003s.

    FYI We'll always encourage a FICO of 600+ for a stronger pre-approval.

    If you have any questions feel free to drop us an E-mail at business.loans@loanme.com.

    Cheers.
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

Similar Threads

  1. How to Pull Broker Fee??
    By chris92 in forum Merchant Cash Advance
    Replies: 19
    Last Post: 04-16-2021, 10:02 AM
  2. WHAT is the best way to pull fees.
    By Red in forum Merchant Cash Advance
    Replies: 2
    Last Post: 08-31-2018, 09:44 AM
  3. Credit Pull Service - Who do you use?
    By Skytop in forum Financial Services
    Replies: 6
    Last Post: 06-16-2017, 11:50 AM
  4. Possible to pull SS# from EIN?
    By skideeppow in forum Merchant Cash Advance
    Replies: 2
    Last Post: 11-30-2015, 10:31 AM
  5. No Credit Pull
    By 1StopFunding in forum Deal Bin
    Replies: 3
    Last Post: 09-10-2014, 09:06 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

SubcontractorHub, Lendica partner
BoA launches business loan marketplace
Quickbooks adds new LOC product


DIRECTORY