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  1. #1

    Square Statements

    I’m a ISO looking for a direct funder to fund my merchant who uses a square account statements. The merchant currently has 1st position MCA. Looking for a 2nd, but not many funders accept Square instead of Business bank statements.

  2. #2
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    Try a Credit Card split instead of an MCA

  3. #3
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    CC split with Square will NOT work. Square is going to be their CC processor also.

  4. #4
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    Quote Originally Posted by abfunders View Post
    CC split with Square will NOT work. Square is going to be their CC processor also.
    A merchant does not have to change their cc processor ( Square) just their DDA which would be a Lock-Box in a different Bank,
    before being deposited into their current DDA
    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

  5. #5
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    Yup

  6. #6
    ...
    Last edited by Risker; 06-07-2023 at 02:50 PM.

  7. #7
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    Quote Originally Posted by Ehenek View Post
    Try a Credit Card split instead of an MCA
    How is a credit card split NOT an MCA?
    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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