[discover15]

I have a merchant who has started there business in September. So first month the numbers are 0 but October they did 31k and November did 53.
I have a 11k offer over 80 days. Need to beat. LMK ASAP. All my lenders I deal with will kill it for TIB.

[NationalCorporateData]

Cresthill, Elevate, Everest/Vader, Fundry, LoanMe, Quikstone, The LCF Group

[Jason Sterling]

Thanks NCD. We can consider new businesses that are open 3months +. Credit card splits exclusively.

[NationalCorporateData]

Thanks NCD. We can consider new businesses that are open 3months +. Credit card splits exclusively.

Do you require three months of revenue above a certain amount?

[Get It Done]

seems like they are picking up steam quickly. If they have an ar aging report i would 100% get that and see if your current offer can get bumped if its strong enough. When I see new businesses that are doing revenue like that I always check sos to see if they have another more established business as well. Does not seem like a newbie business owner

[Jason Sterling]

Do you require three months of revenue above a certain amount?

Our minimum funding amount is $5,000, to qualify for that the merchant must be averaging $6,500 + each month in credit cards. With a new business we take ramping up time into consideration. We are used to seeing situations where 1st month might only be $3,000 but then they ramp up 2nd month $7,000 and then 3rd month $15,000....

[NationalCorporateData]

Our minimum funding amount is $5,000, to qualify for that the merchant must be averaging $6,500 + each month in credit cards. With a new business we take ramping up time into consideration. We are used to seeing situations where 1st month might only be $3,000 but then they ramp up 2nd month $7,000 and then 3rd month $15,000....

Thanks, that's clear and makes sense with factoring in early scaling.