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  1. #1

    credit card splits

    whos doing credit card splits

    restaurant

    2 positions balances

    $35,000

    $30,000

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Are they overleveraged?

  3. #3
    Senior Member Reputation points: 4457
    Join Date
    Feb 2014
    Location
    Florida
    Posts
    251

    Rapid and QuikStone come to mind...
    Shannon Harris
    Funding Specialist
    888-705-8818 phone
    239-790-2664 fax
    Shannon@StellarBusinessFunding.com
    www.stellarbusinessfunding.com

  4. #4
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    488

    Quote Originally Posted by Friendly funder View Post
    whos doing credit card splits

    restaurant

    2 positions balances

    $35,000

    $30,000
    We exclusively fund credit card split deals. If the current balances are $65,000 the merchant will need to be processing $140,000+ per month to consider a consolidation deal.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  5. #5
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by Friendly funder View Post
    whos doing credit card splits

    restaurant

    2 positions balances

    $35,000

    $30,000

    What is their last 6 months average credit card processing volume?
    Has to be enough volume to pay off existing and net 50%
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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