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10-08-2020, 02:04 PM #1
- Join Date
- Jan 2018
- Posts
- 19
Monthly Payments
Which Lenders do Monthly Payments?
Thanks.
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10-08-2020, 02:13 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
Lenders?
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-08-2020, 02:16 PM #3
- Join Date
- Jan 2018
- Posts
- 19
Or any anyone els
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10-08-2020, 02:17 PM #4
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 474
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10-08-2020, 02:25 PM #5
- Join Date
- Jan 2016
- Posts
- 50
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10-08-2020, 02:58 PM #6
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 474
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10-08-2020, 03:19 PM #7
- Join Date
- Jan 2016
- Posts
- 50
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10-08-2020, 02:24 PM #8
- Join Date
- Jan 2016
- Posts
- 50
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10-08-2020, 02:26 PM #9
- Join Date
- Jan 2016
- Posts
- 50
Bread and butter, will always be dailies and maybe weeklies for the crazy high credit score merchs. Why the **** would you pitch a monthly only to get a denial 6 weeks later idk
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10-08-2020, 02:50 PM #10
- Join Date
- Jun 2015
- Posts
- 3,321
loan me
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10-08-2020, 03:09 PM #11
Breakout, BlueVine, Idea Financial, and Kabbage offer monthly payments. None structured as MCAs.
Knight does biweekly.
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10-08-2020, 05:34 PM #12
- Join Date
- Jan 2018
- Posts
- 19
Thank you!
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10-08-2020, 06:41 PM #13
We are NOT Lenders, we are MCA Funders. Having said that, we offer weekly and potentially monthly payments, but the file would have to be really good and there has to be a good justification as to why this merchant needs monthly payments. For example, we have funded money managers that get paid quarterly, and accommodated them with quarterly arrangements.
I guess the point is we're flexible if the deal justifies it.
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10-08-2020, 07:16 PM #14
- Join Date
- Apr 2019
- Posts
- 318
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10-08-2020, 07:19 PM #15
I am confirming we are not lenders, sometimes ISO managers or other reps make this common mistake. I am so sorry for the miscommunication I hope it did not ruin your night, but thank you for remembering what one of our iso reps said in 2018. and yes potential monthly payments, which part of that are you having a hard time understanding ?
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10-08-2020, 07:47 PM #16
- Join Date
- Apr 2019
- Posts
- 318
agreed that the new iso reps are eager to go out there and throw out words, all good. and of course my night is not ruined i just had ben and jerrys...not having a hard time understanding anything as a matter of fact . but do go on about monthly payments tho, we are waiting...
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10-08-2020, 08:34 PM #17
- Join Date
- Oct 2020
- Posts
- 129
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