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04-25-2023, 04:15 PM #1
- Join Date
- Nov 2021
- Posts
- 58
Flood the gates!!!! - i dare you
The feedback has been tremendous.
Our recent changes have truly elevated our ability to cater to all our isos and merchants!
WE have gotten faster, commissions go out within days, and the merchants have been thrilled with their experience.
At the moment, we are currently accepting new isos for the following month.
You must have a valid website, min 1yr in business, W9, solid application and of course deals that have:
Min fico: 550
Min time in business: 6-8 months - subject to change
Min monthly gross: $20,000(+)
Deposit count per month: 3-5+
NSF: no more than 7
No recent defaults - 1-2yrs - subject to review
No open bankruptcy
Tax liens - subject to review, we may pull a tax guard - would need to be on payment plan if not we can help set one up.
Online banking is a must!
Operating in all states with the exception of California. WE fund PR and HI
Must not be in Auto sales, Financial Law, commission-based revenue.
IF you're client checks out any of the above points they can get approved for:
Terms: 126 - 200 days
Payments: weekly and daily frequencies
Sell rates: 1.40 - 1.45
Approvals: 75%-100% of their yearly gross revenue. Funding up to $500k
Balances? We buy out up to 2 positions while sticking with a 50% net rule - subject to change.
Direct wires - we show on bank statements as busscap.
STIPS
Under $60k: DRIVER'S LICENSE, VOIDED CHECK, BANK LOGIN - MI/FC
75k and up subject to landlord verification, tax guard and site inspection
For more info call: 954-364-7846
bcproviders.com
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