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  1. #1
    Senior Member Reputation points: 699
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    Apr 2014
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    Chicago, IL
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    Online Retailer

    Hey guys: I have a straightforward online retailer that converted from being a trucking company two years ago. Still showing up as as a trucking company on a google search but his deposits/bank activity are indicative of a retail brand. He's becoming popular on insta as well as facebook and has sites established there.

    Here's what I want:

    Someone you guys can recommend that won't backdoor this retailer. I've seen this happen way too many times in the last 30 days on new lenders/brokers. The only exceptions seem to be the big guys such as Rapid/Kapitus, etc.

  2. #2
    Senior Member Reputation points: 4223 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    280

    Lendvo
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Senior Member Reputation points: 68177
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    Florida
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    Quote Originally Posted by aak723 View Post
    Hey guys: I have a straightforward online retailer that converted from being a trucking company two years ago. Still showing up as as a trucking company on a google search but his deposits/bank activity are indicative of a retail brand. He's becoming popular on insta as well as facebook and has sites established there.

    Here's what I want:

    Someone you guys can recommend that won't backdoor this retailer. I've seen this happen way too many times in the last 30 days on new lenders/brokers. The only exceptions seem to be the big guys such as Rapid/Kapitus, etc.
    What is the online retailer seeking?
    Monthly revenue compared to funding request

    Quick answer, since he is an online retailer, most sales are cc - do a credit card split/lockbox.
    Dave Lambert
    FC Financial LLC
    dave@fcbankcard.com
    http://www.fcbankcard.com
    1-727-291-7890 (Text or Leave Message)
    Office: 727-233-1111

  4. #4
    Senior Member Reputation points: 699
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    Apr 2014
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    Chicago, IL
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    161

    Quote Originally Posted by Yankeeman07 View Post
    What is the online retailer seeking?
    Monthly revenue compared to funding request

    Quick answer, since he is an online retailer, most sales are cc - do a credit card split/lockbox.
    I wish. Mostly cash. But found a home so thank you all for responding.

  5. #5
    Senior Member Reputation points: 68177
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    Mar 2014
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    Florida
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    Quote Originally Posted by aak723 View Post
    I wish. Mostly cash. But found a home so thank you all for responding.
    Online Retailer, mostly cash - ? How does that work?
    Dave Lambert
    FC Financial LLC
    dave@fcbankcard.com
    http://www.fcbankcard.com
    1-727-291-7890 (Text or Leave Message)
    Office: 727-233-1111

  6. #6
    Senior Member Reputation points: 138809
    Join Date
    Feb 2017
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    2,267

    Quote Originally Posted by NickHubbard View Post
    Lendvo
    Is Lendvo still funding? I emailed them a while back, but I didn't get a response.
    Micah Markowitz | mmarkowitz@abfunders.com | 314-396-2828

  7. #7
    Quote Originally Posted by aak723 View Post
    Hey guys: I have a straightforward online retailer that converted from being a trucking company two years ago. Still showing up as as a trucking company on a google search but his deposits/bank activity are indicative of a retail brand. He's becoming popular on insta as well as facebook and has sites established there.

    Here's what I want:

    Someone you guys can recommend that won't backdoor this retailer. I've seen this happen way too many times in the last 30 days on new lenders/brokers. The only exceptions seem to be the big guys such as Rapid/Kapitus, etc.
    dm me

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