Results 1 to 7 of 7
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03-16-2023, 06:40 AM #1
- Join Date
- Dec 2016
- Posts
- 56
fund with Debt Settlement taking a weekly
Who will fund a 17 year Home Care company with a debt settlement company taking a weekly out (taken during covid)
CS 675
monthly revenue $160k
daily bal $15k
Has LOC Kabbage with monthly
looking for $50k
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03-16-2023, 09:12 AM #2
- Join Date
- Sep 2022
- Posts
- 51
Hey. You can submit your deals directly to: eric@overnight-capital.com
Eric Hersh
Overnight Capital
T (929)339-0086
C: (917) 500-3981
www.overnight-capital.com
eric@overnight-capital.com
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03-16-2023, 09:59 AM #3
- Join Date
- Mar 2022
- Posts
- 14
Sounds like something we can fund quickly at Rocket Capital.
Happy to take a look
Jake Saltz
Office: 786-501-7100
Cell: 310-429-9754
Jake@rocketcapllc.com
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03-20-2023, 12:36 PM #4
- Join Date
- Mar 2023
- Posts
- 18
Program For 700+ FICO Clients - Personal Credit Driven
bizLoans 180X90.jpg
If the client can get their credit up to 700 by paying down credit card balances we may be able to help them get that 50K and more on monthly payments. Below is the ISO link to our website and the page on the program that we have that helps high FICO clients who qualify to get between 150k-250K on average regardless of having positions or being in default. Our program is personal credit driven. The funding cycle is about 30 calendar days in total if the client has excessive inquiries that need free removal. If not it can be as short as 7 business days. No upfront fees to clients and pay is 40% of all client fees collected post funding. Each qualified client gets funded a combination of 3-5 year small term loans of $25,000 - $50,000 each (which report on the installment portion of personal credit), and 3-5 0% intro rate business credit cards of $10,000 - $30,000 each that report only on business credit bureaus and not on the client's personal credit.
We pay the highest ISO commissions available for this type of program and we also (when necessary) do free 3-bureau inquiry removal for unauthorized inquiries that do not have matching accounts on the client's credit reports.
If you have been in the business finance arena for a while then you are likely familiar with this type of program.
Comparable is PFG which pays 2.5% ISO commissions on a 15% client fee sheet. That equals 16.7% of collected fees, and 15% is hard to swallow for many clients.
Also comparable is F & G which pays 20% of all collected fees on a 9% client fee sheet = 1.8% ISO commissions, but they charge at least $2000 upfront in a subscription fee.
We allow our ISOs to choose either an 8%, 9%, or 10% client fee sheet and we pay ISOs 40% of that. Either 3.2% on 8%, 3.6% on 9%, or 4% on 10%.
Also, we do not just start applying for loans and business credit cards unless we are fairly certain that the client's credit profiles are ready. When your clients are done being funded, most of them will have higher FICO scores than when they started the process. 8-9 out of 10 clients utilize our free inquiry removal, either by necessity or choice.
Your clients will be treated with respect and our ISO agreement is clear that your clients are "your clients".
ISO agreement requests are available by clicking on the link at the bottom of the partner's page. We also have an ISO guide that will explain everything in greater detail. This post is already long-winded, for which I apologize.
https://bizloansinc.com/700-hybrid-funding-program/
https://bizloansinc.com/partners/
Dan R.
CEO
Biz Loans Inc
Office: (610) BIZ LOAN
Cell: (302) 397-3777
Email: dan@bizloansinc.com
https://bizloansinc.comLast edited by 700+Hybrid; 03-27-2023 at 02:36 PM.
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03-20-2023, 02:22 PM #5
- Join Date
- Dec 2021
- Posts
- 154
Capitalize can potentially give an offer here if it's really from covid.
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03-21-2023, 11:58 AM #6
- Join Date
- Apr 2021
- Posts
- 121
Sounds like this is a prefect fit for hybrid
Email us today kevin@hybridadvancellc.com
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03-21-2023, 12:10 PM #7
- Join Date
- Jun 2022
- Posts
- 47
send it david@ajequity.com
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