Tattoo studio 1st position looking for 5k-7k
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  1. #1
    Senior Member Reputation points: 4262 Magicmike18's Avatar
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    Tattoo studio 1st position looking for 5k-7k

    Tatoo studio in okalahoma file is clean no overdrafts and no negative days. Average ledger is good and ending balances always in few thousands range. He does on average 17-19k a month.

    Heres the catch. I had him approved 10k payback 15k at vader 3 month deal. But it got killed in final because he had felony when he was in his teens.

    Hes open to high rate and short term, anyone can give me fast turn around on this?

  2. #2
    Senior Member Reputation points: 84403
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    Do they accept credit cards? If so, cc split (lockbox) may be an option.
    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
    Senior Member Reputation points: 150 CornerStoneFunding's Avatar
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    Quote Originally Posted by Magicmike18 View Post
    Tatoo studio in okalahoma file is clean no overdrafts and no negative days. Average ledger is good and ending balances always in few thousands range. He does on average 17-19k a month.

    Heres the catch. I had him approved 10k payback 15k at vader 3 month deal. But it got killed in final because he had felony when he was in his teens.

    Hes open to high rate and short term, anyone can give me fast turn around on this?
    does the felony have anything to do with attempting to defraud someone?
    Mike Guiliano
    ISO Relations Manager
    (786) 629-5771
    3111 N University Blvd Suite 604
    Coral Springs, FL
    michael@cornerstonefundingllc.com

  4. #4
    Senior Member Reputation points: 4457
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    Smart Step
    GRP
    Rapid
    Select
    QuikStone (CC SPLIT ONLY)

    These are all 1st position lenders..
    Shannon Harris
    Funding Specialist
    888-705-8818 phone
    239-790-2664 fax
    Shannon@StellarBusinessFunding.com
    www.stellarbusinessfunding.com

  5. #5
    Senior Member Reputation points: 3942
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    Lexio
    Lending Valley
    Future Funding

  6. #6
    Senior Member Reputation points: 4262 Magicmike18's Avatar
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    funded today thanks everyone

  7. #7
    Senior Member Reputation points: 84403
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    Quote Originally Posted by Magicmike18 View Post
    funded today thanks everyone
    Are you willing to share by whom & the factor rate ?
    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

  8. #8
    Senior Member Reputation points: 10476
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    Quote Originally Posted by Magicmike18 View Post
    Tatoo studio in okalahoma file is clean no overdrafts and no negative days. Average ledger is good and ending balances always in few thousands range. He does on average 17-19k a month.

    Heres the catch. I had him approved 10k payback 15k at vader 3 month deal. But it got killed in final because he had felony when he was in his teens.

    Hes open to high rate and short term, anyone can give me fast turn around on this?
    For future reference depending on what the record was and how many years ago and how his file looks now we would give an offer that is not as high risk.

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