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01-15-2024, 03:35 PM #1
- Join Date
- Dec 2023
- Location
- NJ
- Posts
- 44
Bi-Monthly Terms!
Ill start by saying its not easy to qualify for, but we do them if they meet the criteria. the merchant would have essentially a payment every 10 business days (every other monday for example)*
To meet the guidelines:
-1st position only
-min fico is 680 with NO tax liens or BK's
-min 10 deposits per month
-daily balances must be a minimum of 15% of gross monthly revenue at all times
-no more than 30% variance in seasonality or month to month sales
-max term 8 months
-we will reduce the term based on risk of industry since all other items will be required to be solidTMRNOW | A Total Merchant Resources Company
Ariel Avalos – Iso Relations Manager
377 Hoes Lane, Suite 240, Piscataway, NJ 08854
Phone: 347-814-6152 | Email: Ariel@tmrnow.com | Web: www.tmrnow.com
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