[FunderFunding]

Who can look past a merchant that has defaulted during the pandemic? I have the ZBL and he accepts CC

[Ehenek]

Can you tell me more about the file please? Caashflow? Collateral? Are they in judgements or just defaults?

[Olderguy]

Nick at Pinnacle claims to?

Nick│Funder
Pinnacle Advances
+1(718) 866-6556
Nick@pinnacleadvances.com

[FunderFunding]

Nick at Pinnacle claims to?

Nick│Funder
Pinnacle Advances
+1(718) 866-6556
Nick@pinnacleadvances.com

They do. Just looking to see if there is anyone else

[FunderFunding]

Can you tell me more about the file please? Caashflow? Collateral? Are they in judgements or just defaults?

No negative days usual 1K balance or better, no collateral just an mca and it was a default that was settled in 2021

[abfunders]

Who can look past a merchant that has defaulted during the pandemic? I have the ZBL and he accepts CC

Did you try Quikstone?

[FunderFunding]

Did you try Quikstone?

No I thought they don't do defaults

[fundinggrasshopper]

most vital piece of info here is how long it took him to satisfy. many funders will at least consider the file if under 12 months. pandemic default satisfied in 2021, could have been 5,6 months, also could have been 18 months.

if credit isn't great id recommend east shore & capitalize.

[fundinggrasshopper]

No I thought they don't do defaults

correct.

[abfunders]

correct.

They will do defaults if the story makes sense on the "why." If it's truly pandemic-related and they didn't do something like avoid payments on purpose, but they have an otherwise good business going? Discuss it with Jason.

[Yankeeman07]

Who can look past a merchant that has defaulted during the pandemic? I have the ZBL and he accepts CC

How much funding requested?
Usage of funds?
Past 4 months - Average cc processing volume?
Industry?
FICO?

[ESE5020]

Who can look past a merchant that has defaulted during the pandemic? I have the ZBL and he accepts CC

We consider previous defaults, whether they occurred during the pandemic or at any other time, so long as the balance has been paid off or is currently under a payment plan.

[FunderFunding]

We consider previous defaults, whether they occurred during the pandemic or at any other time, so long as the balance has been paid off or is currently under a payment plan.

It's Cali

[FunderFunding]

How much funding requested?
Usage of funds?
Past 4 months - Average cc processing volume?
Industry?
FICO?

25K
Inventory
25-30K
Retail
600

[fundinggrasshopper]

25K
Inventory
25-30K
Retail
600

Definitely try Capitalize

[Jason Sterling]

They will do defaults if the story makes sense on the "why." If it's truly pandemic-related and they didn't do something like avoid payments on purpose, but they have an otherwise good business going? Discuss it with Jason.

This is correct. Thanks Micah.

[Yankeeman07]

25K
Inventory
25-30K
Retail
600

We would not fund 100% of monthly credit card receipts.

[Capitalize Group.]

Definitely try Capitalize

Thanks for the shoutout.

This looks like something we can do though we'll probably start with a lower amount. Please submit the deal to charles@capitalizegroup.com and mention this thread.

[CJO1988]

I can get him done with the default. As long as it was since cleared up. Reach out and the number listed below that is my direct cell either myself or my partner will take care of you.

Chris Oliveto
Owner
Bullhammer Business Solutions LLC
631-579-8626
WWW.Bullhammer.org

[FunderFunding]

How much funding requested?
Usage of funds?
Past 4 months - Average cc processing volume?
Industry?
FICO?

He is homebased, is that a problem?

[FunderFunding]

How much funding requested?
Usage of funds?
Past 4 months - Average cc processing volume?
Industry?
FICO?

What do you think you can get them?