Construction, only makes one or two deposits
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  1. #1

    Construction, only makes one or two deposits

    Hi, Any lenders that will fund if the merch only has one or two deposits last month, previous 3-4?

  2. #2
    Senior Member Reputation points: 22201
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    Capybara Capital will fund a 2 deposit file if it makes sense -- We are wrapping up right now an environmental company with 2 municipalities (that rotate) paying merchant monthly --- FYI: We have planted a flag as we entered a new BASE-CAMP: The 2-3Hour-offer-speed-replies-zone. We also added some new offer term structures on C-paper-offers. (not to confuse with our A-Minus-B-Minus Paper box).
    Last edited by MCA-VET; 03-02-2023 at 11:28 AM.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
    send to submissions@bcproviders.com - they do deals like that all the time.

    you can call 954-364-7846

  4. #4
    Senior Member Reputation points: 10476
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    Quote Originally Posted by Emccusker0803 View Post
    Hi, Any lenders that will fund if the merch only has one or two deposits last month, previous 3-4?
    If the deal makes sense with what he does and has good credit and strong daily balances my company has done that before. Construction companies and all industry love our first position offers since they work like a line of credit where we do not refinance the old balance and charge the merchant double. They take shorter terms and renew a million times to get more money and a cheaper cost in the long run.

    Scott Platto
    Scott@tmrnow.com
    tmrnow.com
    212-220-9872

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