Results 1 to 9 of 9
-
06-22-2022, 03:54 PM #1
- Join Date
- Jun 2021
- Posts
- 40
1st pos poor credit
Which funders are funding 1st position poor credit deals. I have a construction deal 1-2 deposits a month, 529 fico, decent daily balances. Let me know pls
-
06-23-2022, 10:38 AM #2
Hello,
We Fund anything from 1st position on & do not run credit checks as we focus on healthy ledgers and payments history. We try to approve as many deals as possible within reason of course. I would be glad to hop on a call to get acquainted & discuss any potential deal. My contact info is below. Thank You
- Direct Funder in the MCA Arena
- Same Day Approvals & Smooth Funding Process
- No Restricted Industries
- No credit checks
- No UCC Filings
- Minimal Paperwork & DocuSign Agreements
- Dedicated Experienced Underwriters with Fast Decisions
We specialize in:
- Large Deals
- High Risk
- B to D Paper
- 1st to 12th position
- Default deals are entertained on a deal by deal basis (Satisfied judgments, payment plan, time of default & more)
- Other Company Declines (Deals that are hard to get offers on)
- Reverse Consolidation (Daily ending balances must be at least 5k to 10k. The term left on the advance needs to end within 40 days
or less. 0 bounced payments & paying minimum of 50k monthly in MCAs)
- Exceptionally competitive with dollar amount.
Our Product:
10k to 3MM (For increase of funds, a deal by deal basis)
Terms up to 95 days (Flexible with large funding amounts)
Weekly payments available (Deal by deal basis)
Early Payoff Discounts (Deal by deal basis)
Instant DocuSign contracts
All Submissions are priced at 1.49 with broker discretion to down sell
Funding Criteria
-Minimum monthly revenue - $50,000
-Minimum monthly deposit count - 5
-Average daily balances - $1,500.00
-Time in business - 6 Months (12 months preferred)
-All credit scores accepted
-No credit checks (We focus on healthy ledgers and payments history)
-Restricted industries minimum monthly revenue - $100,000
-Canada - Yes, but must be a US bank account
-Tax Liens - Must be on payment plan
-Ownership 100% (All parties must sign)
Gill Navarro
Director of ISO Relations
Direct: 1(862)-303-3225
Email: Gill@keycapitalfunding.com
Website: https://keycapitalfunding.com/iso/
updated Banner.gif
-
06-23-2022, 11:16 AM #3
- Join Date
- Jun 2021
- Posts
- 40
ok
-
06-23-2022, 11:54 AM #4
FirstLine doesn't check credit. Feel free to reach out.
Direct Funder | FirstLine Advance | New York, NY.
firstlineadvance.com
Call us: 929-592-3073
Email us: subs@firstlineadvance.com
1st position and up | Snap Funding within 2 hours | No credit checks
Currently accepting new ISO's!
-
06-23-2022, 12:11 PM #5
- Join Date
- May 2022
- Posts
- 98
This is in our box. Get in touch.
$ 1% bonus point for the month of June $
We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.
Our funding Criteria:
- 10k minimum funding - 500k max funding
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 4 truck minimum for trucking industry
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips (VC & ID)
- Docusign Contracts
- Commission paid after 1st debit clears (4 days)
! Attention Sales Reps !
- Ask us about our Line of Credit for syndication -
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411
-
06-27-2022, 03:12 PM #6
- Join Date
- Jun 2022
- Posts
- 15
We do not check credit, we can fund this deal today. We are very aggressive with our offers and I believe we can get this done for you.
We fund any deal from $5,000 - $5 million The minimum revenue requirement is $35,000 a month.
We fund B+ to D-paper deals - Flex deals.
We will even fund deals that have defaulted within the last 12 months ( yes you read that right!)In short, our company has an extremely flexible platform in which we can cater to all your funding needs and get all your deals funded regardless of nature! We pay our ISO's 10-15 points depending on the program structure - Default deals we pay 5-6 points - On a regular deal, we pay 10-12 points - A-paper we pay 12-15 points - Renewal we pay 8 points Our payments go out every week we typically payout after the first 10 ACH debits clear. If a deal bounces more than twice within the first 20 days we will consider clawing back commission.
Thank you
Aron Hoffman
Aron@hybridadvancellc.com
-
06-28-2022, 11:58 AM #7
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
Send it over for an offer
-
07-07-2022, 08:18 PM #8
Send it over If you still seeking funding?
BUSINESS LOAN PROGRAMS
- Same Day Business Loans
- Personal Loans up to $200K with a 680+ FICO
- Business Lines of Credit
- Business Term Loans
- All Equipment Financing – Truck and more!
- Get up to $150,000 with 0% Apr – 680+ FICO
- All SBA Loans
- Start Up Business Loans
- Much more!
Hard Money for Real Estate
We offer Nationwide Hard Money for Residential and Commercial Properties. We work with several lenders to get you the best financing. Lets us build a relationship.
HARD MONEY FOR REAL ESTATE
- Fix and Flip
- Purchases
- Cash Out Refinance
- Ground Up Construction
- Bridge Loans
- Commercial Properties
- Multi Family
- Buy and Rent
- Much more!
-
07-14-2022, 01:34 PM #9
- Join Date
- May 2022
- Posts
- 2
If this deal is still available submit to Fora Financial.
The mins are 6 months in business
500+ credit
240k annually
Similar Threads
-
Only 9 Months in Business with Poor Credit
By randyw in forum Deal BinReplies: 8Last Post: 03-14-2022, 09:43 PM -
poor credit
By k lion in forum Deal BinReplies: 5Last Post: 09-12-2019, 04:57 PM -
Home needed: Salon with poor credit
By AMERICApital1 in forum Merchant Cash AdvanceReplies: 12Last Post: 08-04-2017, 09:28 PM -
Re: Poor Credit Funders
By Phoenix in forum Deal BinReplies: 4Last Post: 04-10-2017, 11:06 PM -
Flooring construction doing 83k / month - poor credit
By Acufund in forum Deal BinReplies: 4Last Post: 05-25-2016, 05:31 PM