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  1. #1
    Senior Member Reputation points: 4262 Magicmike18's Avatar
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    Anyone funding owners with criminal history?

    Retail store with revenues of 600k-700k monthly. No nsfs,no advances but the owner has been constantly declined for extensive criminal history (non-financial crimes). Anyone can touch this file?

  2. #2
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    Text me with details and get back at you ASAP!........
    My advice is sign-up NOW before these scenarios fall on your lap....As All week long Capybara Capital funds deals for ISO's that reach out with random questions that others are outright-declining or only offering (low amounts) / very short terms @ extremally high-factors that end up funding at Capybara Capital for either a WHALE-SIZE-AMOUNT or a much LONGER-TERM with LOWER-BUY_RATES then they expected when initially reaching out....Sign-Up! marcus@capybarausa.com (We are also competing very heavy on 2nd positions --- We have been winning a ton in that bracket!!!)...
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Get them a personal loan...if 700 or better Fico. It's worth a shot.
    Last edited by Olderguy; 11-27-2022 at 09:20 AM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  4. #4
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    Steve, you know as well as I do that clients like these do NOT have 700+ FICOs!

  5. #5
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Quote Originally Posted by abfunders View Post
    Steve, you know as well as I do that clients like these do NOT have 700+ FICOs!
    I didn't see anything that might suggest that...no advances, good revenue...it's worth a shot...at this point nothing to lose and something to gain.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  6. #6
    Senior Member Reputation points: 216519
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    Quote Originally Posted by Olderguy View Post
    I didn't see anything that might suggest that...no advances, good revenue...it's worth a shot...at this point nothing to lose and something to gain.
    "criminal history"
    I'm not going to completely ignore the possibility, but there's a 99.99% chance that this person didn't care about his credit in a meaningful way. And it's not like the personal loan lenders ignore background checks also.

    Did you try LCF?

  7. #7
    Senior Member Reputation points: 9802
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    Quote Originally Posted by Magicmike18 View Post
    Retail store with revenues of 600k-700k monthly. No nsfs,no advances but the owner has been constantly declined for extensive criminal history (non-financial crimes). Anyone can touch this file?
    How long ago was the charges and what were the charges?

  8. #8
    Quote Originally Posted by Magicmike18 View Post
    Retail store with revenues of 600k-700k monthly. No nsfs,no advances but the owner has been constantly declined for extensive criminal history (non-financial crimes). Anyone can touch this file?
    As long as the criminal history is not financial, we can. Get in touch.

  9. #9
    Quote Originally Posted by abfunders View Post
    "criminal history"


    Did you try LCF?
    Why does LCF come to mind?

  10. #10
    Quote Originally Posted by ihniwtw View Post
    Why does LCF come to mind?
    We are a high risk funder and will consider owner's with past criminal records. We will not fund anyone with sex charges, or with recent criminal charges. We run background at submission and there will be a note on the approval if it a high risk program approval due to criminal record.

  11. #11
    Senior Member Reputation points: 81655
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    Question

    Quote Originally Posted by Magicmike18 View Post
    Retail store with revenues of 600k-700k monthly. No nsfs,no advances but the owner has been constantly declined for extensive criminal history (non-financial crimes). Anyone can touch this file?
    "Extensive Criminal History" You are the funder, would you write the check?
    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

  12. #12
    Senior Member Reputation points: 216519
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    An old note on my list (that's years old) from Accord claims that they will fund clients with criminal backgrounds.

  13. #13
    Capitalize funds merchants with criminal history all the time

    Obviously depending on the extremity of the crime...

    Submit your file to tyler@capitalizegroup.com
    Capitalize Group | New York, NY. | Direct Funder
    www.capitalizegroup.com | (347) 519-5323 | tyler@capitalizegroup.com

  14. #14
    Having a criminal history is fine it just depends on the type of crime
    We specialize in funding:
    Deals w prior Defaults
    "Over Leveraged" deals
    All Positions (as long as there is space)
    Low FICO scores
    and all other "difficult" deals

    To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
    I look forward to hearing from you.

    Rasheed Miller
    (917) 933-3095 (text or call)
    https://supremefunding.net/

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