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10-26-2023, 05:42 PM #1
I want to clear the air about how we do things:
Communication: Sorry for any delays. We're actually faster at responding to emails than phone calls.
Credit Checks: Personal credit isn't an issue; we never check it. For deals above $50k, we might check business credit, but Merchant's personal credit report will stay untouched.
Background Checks: We're only looking for open judgments or bankruptcies. Past issues like defaults or terminated bankruptcies? Not a problem for us, as long as they're settled or Merchant is actively paying them off.
What We Care About: We focus on Merchant's recurring revenue. Whether Merchant has ongoing projects from a few regular clients, or the Merchant processes invoices or credit card payments, we're interested.
So if your Merchant has consistent revenue and clientele or payment processing, bad credit or previous bankruptcies won't stop us from considering your deal. It's all about showing the Merchant has a real and active business.
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