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  1. #1
    Banned Reputation points: 10
    Join Date
    Jun 2023
    Location
    Miami/Queens
    Posts
    25

    Your Direct Lender

    Im a direct lender, what i can promise you is good pay, swift responses and competitive rates.
    so, a little about our company...

    Our Box:

    B-D paper
    - Funding up to 2 Million (On one Contract)
    - Paying up to 13 points (depending on the file)
    - Up to 7 or 8 positions (maybe more depending on the file)
    - Terms goes as far out as 120 days
    - Must to do a minimum of 20k+ a month in revenue to qualify
    - Minimum of 4 deposits per month
    - Negative days up to 7 days per month OR more if they have Overdraft Protection
    Restricted Industries:Lawyers, Trucking (must have 70k+ in deposits)

    DEFAULTS-
    - Default deals pay 8 Points!
    - We can't fund a default if it was within the last 3-4 months. Anything prior to that is fine.
    - Judgments must either be satisfied or on some sort of a payment plan.
    - Minimum rev of 20k+ a month in order to qualify (Funding up to 300k on this platform)
    - Maximum of 8 negative days with no overdraft protection
    - Minimum of 6 deposits per month
    - Must be 18 months after a dismissed bankruptcy
    - Must be 6 months after a discharged bankruptcy

    Submission Instructions:

    Email: nick@pinnacleadvances.com
    Subject: "New Submission: (Deal Name):
    Requirements:
    3 Months Bank Statements
    Signed Application
    Minimum: 20K Revenue
    Deal Flow Procedure:

    Submission:
    Offer (usually less than an hour)
    Approval or Decline (if decline with explanation)
    If ISO would like to adjust an offer for example: lower dollar amount for longer terms, simply respond to email with your request and when possible we will try to accommodate
    Merchant accepts deal - ISO sends stips (outlined in approval email)
    Contracts are sent out: to merchant with ISO in copy (done within 15 min)
    Once contracts are signed - file is sent to Login Verification team (within 30-45min)
    Funding Call (everything is always clearly discussed and explained to merchant)
    Thank You

  2. #2
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,947

    Daily Funder has a sub forum Titled 'Promotions"
    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

  3. #3
    Administrator Reputation points: 59879 admin's Avatar
    Join Date
    Jul 2012
    Posts
    641

    Quote Originally Posted by Nicholas View Post
    Im a direct lender, what i can promise you is good pay, swift responses and competitive rates.
    so, a little about our company...

    Our Box:

    B-D paper
    - Funding up to 2 Million (On one Contract)
    - Paying up to 13 points (depending on the file)
    - Up to 7 or 8 positions (maybe more depending on the file)
    - Terms goes as far out as 120 days
    - Must to do a minimum of 20k+ a month in revenue to qualify
    - Minimum of 4 deposits per month
    - Negative days up to 7 days per month OR more if they have Overdraft Protection
    Restricted Industries:Lawyers, Trucking (must have 70k+ in deposits)

    DEFAULTS-
    - Default deals pay 8 Points!
    - We can't fund a default if it was within the last 3-4 months. Anything prior to that is fine.
    - Judgments must either be satisfied or on some sort of a payment plan.
    - Minimum rev of 20k+ a month in order to qualify (Funding up to 300k on this platform)
    - Maximum of 8 negative days with no overdraft protection
    - Minimum of 6 deposits per month
    - Must be 18 months after a dismissed bankruptcy
    - Must be 6 months after a discharged bankruptcy

    Submission Instructions:

    Email: nick@pinnacleadvances.com
    Subject: "New Submission: (Deal Name):
    Requirements:
    3 Months Bank Statements
    Signed Application
    Minimum: 20K Revenue
    Deal Flow Procedure:

    Submission:
    Offer (usually less than an hour)
    Approval or Decline (if decline with explanation)
    If ISO would like to adjust an offer for example: lower dollar amount for longer terms, simply respond to email with your request and when possible we will try to accommodate
    Merchant accepts deal - ISO sends stips (outlined in approval email)
    Contracts are sent out: to merchant with ISO in copy (done within 15 min)
    Once contracts are signed - file is sent to Login Verification team (within 30-45min)
    Funding Call (everything is always clearly discussed and explained to merchant)
    Thank You
    are you even a lender though?

  4. #4
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Quote Originally Posted by admin View Post
    are you even a lender though?
    No he’s not a lender! I mean common

  5. #5
    He’s definitely not Pinnacle Business Funding.

    And don’t see him in the courts…

  6. #6
    Banned Reputation points: 10
    Join Date
    Jun 2023
    Location
    Miami/Queens
    Posts
    25

    check again

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