Need a New Funding Source for ISO with fundings over 1.0M x month

**J.Celifarco** · 12-01-2014, 04:52 PM

Originally Posted by channin19

Yes. Any experience dealing with them?

I have dealt with them.. The underwriting is tight but for better deals the rates are excellent. 12 month max

**Andy** · 12-01-2014, 05:06 PM

Originally Posted by J.Celifarco

I have dealt with them.. The underwriting is tight but for better deals the rates are excellent. 12 month max

They will go out to 18 months. But UW criteria is very strict, closer to a bank than MCA, they actually base the approval off of EBITA not gross revenue , so they have declined some of our otherwise super clean files (700+credit, 20k average daily balances, many years in business, but EBITA was not high enough) . But rates are good, and they will fund up to 750k

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