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  1. #1

    Home for Bail Bond Business

    Fico:530
    No NSF, No Neg Days
    Amount Requested: 25k
    Monthly deposits: $36k
    1st Position

    email interest at: info@totalpayments.net

  2. #2
    Senior Member Reputation points: 9802
    Join Date
    Nov 2019
    Posts
    638

    I might be able to get an offer if the banks look really good. And why his credit is so low. We would cap at 6 months. But going 6 months we can do an add on every 3 months or so like a line of credit.

  3. #3
    Please send me ISO documents and where to submit the borrower.

    info@totalpayments.net

  4. #4
    Senior Member Reputation points: 9802
    Join Date
    Nov 2019
    Posts
    638

    Quote Originally Posted by Merchant Cap Accceptance View Post
    Please send me ISO documents and where to submit the borrower.

    info@totalpayments.net
    I spoke to management after i sent the message and due to the fico score of the owner with the industry that he is in he rather pass on it. In the future if you get one with better credit and good daily balances we will take a look. And you signed up with me already just not sent a file in a few weeks. This is Scott with tmmrnow.

  5. #5

  6. #6
    Quote Originally Posted by Merchant Cap Accceptance View Post
    Fico:530
    No NSF, No Neg Days
    Amount Requested: 25k
    Monthly deposits: $36k
    1st Position

    email interest at: info@totalpayments.net
    If the file is still alive I'd like to take a look.

    Our funding Criteria:

    - 5k minimum 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
    - As low as 1.32 buy rates
    - Terms up to 140 days (weekly's upon approval)
    - Max Upsell to 15 points
    - Early Payoff Discounts
    - 15k a month average revenue
    - Minimum of 5 deposits per month
    - Minimal stips (VC & ID)
    - Docusign Contracts

    -Term Loans and LOC available for A & B paper



    Michael Ross
    Lendbug
    New York, NY
    Mross@lendbug.com
    646-360-0411

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