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

    Your Direct Lender

    Hey, my name is Nick, i'm a direct lender, at Pinnacle Advances, I am new the Daily Funder and just wanted to introduce myself.
    This is a tough industry that pertains an excessive amount of lies and back- dooring, I can plead and plead to you that I will not and would never as it
    compromises my name and business and I am not willing to trade our reputation in for a quick buck, but obviously who would believe me when i say that
    because of the amount of crooks in the industry, one thing I can promise you is that I will pay well, give competitive rates and quick responses.
    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
    damn all that and you got banned in a month.

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