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  1. #1

    12-15 Point Commissions

    let's talk for a few, so i can introduce who we are and what benefits we have compared to other lenders. So here it is :
    1. We are the lender, we are not brokers who farm your deal out .
    2. We hold proprietary info of your merchants sacred, if we do not fund it, we do not forward anywhere else,
    3. We pay our ISO partners min 12 points for C & D paper , 13 points for B paper and 15 points for A paper .
    4. We pay our ISO partners 48 hrs after funding,
    5. We contact you directly for refi's never the merchant direct. Usually 70% paid in , sometimes 60% depending on merchants pay history.
    6. Terms from 6-8 months. can go 10 months on some merchants.

    That's it , we are aggressive in funding , we pre approve within 45 minutes of submission and can fund within the same day.
    Attached are our guidelines and hope to hear from you soon.

    frank@overnight-capital.com
    Cell : 347-283-6819

  2. #2
    Member Reputation points: 10
    Join Date
    Jul 2021
    Location
    Georgia
    Posts
    24

    Is there an attachment Frank?


    Quote Originally Posted by SGTFLORES13 View Post
    let's talk for a few, so i can introduce who we are and what benefits we have compared to other lenders. So here it is :
    1. We are the lender, we are not brokers who farm your deal out .
    2. We hold proprietary info of your merchants sacred, if we do not fund it, we do not forward anywhere else,
    3. We pay our ISO partners min 12 points for C & D paper , 13 points for B paper and 15 points for A paper .
    4. We pay our ISO partners 48 hrs after funding,
    5. We contact you directly for refi's never the merchant direct. Usually 70% paid in , sometimes 60% depending on merchants pay history.
    6. Terms from 6-8 months. can go 10 months on some merchants.

    That's it , we are aggressive in funding , we pre approve within 45 minutes of submission and can fund within the same day.
    Attached are our guidelines and hope to hear from you soon.

    frank@overnight-capital.com
    Cell : 347-283-6819

  3. #3
    Member Reputation points: 10
    Join Date
    Jul 2021
    Location
    Georgia
    Posts
    24

    " Provide 6 months of bank statements " - I can see 3 - but 6 would be a pain. Especially for the < $25K deals

  4. #4
    3 months statement needed. i think you read the terms by mistake.

  5. #5
    Member Reputation points: 10
    Join Date
    Jul 2021
    Location
    Georgia
    Posts
    24

    Quote Originally Posted by SGTFLORES13 View Post
    3 months statement needed. i think you read the terms by mistake.
    via your website:

    Process to receive funds
    1.Fill out application

    2. Provide 6 months of bank statements

    3. Provide a State ID

    4. Send a voided check of bank for your business

    5. Might request for yearly taxes filed

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