Results 1 to 4 of 4
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11-22-2023, 11:21 AM #1Member
Reputation points: 10
- Join Date
- Jul 2023
- Posts
- 7
Small deal reverse lender
Cleaning Company in NY
Below 500 credit
Revenue 25-35k monthly
-9/25 high net renewal with knight for 35k
-Merchant at this point has 267d with knight 133d with lendini
-11/8 10k 300d with pinnacle funded with me
-Lendini fell off
Looking for full/partial reverse on pinnacle and knight. Getting declines from our normal reverse lenders for low revenue/below 500 credit.
pinnacle - 13k
knight - 40k
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11-22-2023, 04:25 PM #2Senior Member
Reputation points: 84403
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,926
Move on to another client. This merchant is on the way out of business if he/she keeps stacking.
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
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11-22-2023, 06:06 PM #3Senior Member
Reputation points: 35668
- Join Date
- Aug 2018
- Posts
- 729
Gj u made $1200 rather then wait to make more $ at renewal.
Originally Posted by piffunder
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11-23-2023, 02:07 PM #4Member
Reputation points: 10
- Join Date
- Jul 2023
- Posts
- 7
Wasn't my exclusivity on the other deals obviously... Originally Posted by Zonefund
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