[Business2122]

I have a merchant doing 69K monthly looking for 60K

They’re looking for direct finders who aren’t pulling credit for the cash advance

This would be a 1st position

[abfunders]

I have a merchant doing 69K monthly looking for 60K

They’re looking for direct finders who aren’t pulling credit for the cash advance

This would be a 1st position

Because the credit is rotten or they're worried about a hard pull showing up on their credit report?
What is the business type?

[Business2122]

The personal score is north of 700, but yes, they don’t want the hard pull

They own a freight company

[Kevin Henry-Seacoast]

Triumph Business Credit-Factor that.

[abfunders]

Triumph Business Credit-Factor that.

If they're not already factoring and they have AR, then get a factor.
You can utilize that 700 FICO and who cares about the inquiries to get a bunch of 0 APR business credit cards.
You are not getting a 60k MCA with no credit pull for freight. Each one of those 3 strikes on its own is hard, together that's impossible.

[UptopFinance]

We can help here. Feel free to reach out if you are still looking for an offer for this merchant.


Jacquelline Bogdanov
ISO Relations, Uptop Finance
E: jacquelline@uptopfinance.com
C: 929-265-5706

[FundingCaptain]

I have a merchant doing 69K monthly looking for 60K

They’re looking for direct finders who aren’t pulling credit for the cash advance

This would be a 1st position

I can help here, im a direct funder and get requests like this quite frequently from my brokers asking for an approval without pulling credit. Ill send you an email with more info on us and how we can help

[Business2122]

I can help here, im a direct funder and get requests like this quite frequently from my brokers asking for an approval without pulling credit. Ill send you an email with more info on us and how we can help

Thanks, I will lookout for your email

[Business2122]

We can help here. Feel free to reach out if you are still looking for an offer for this merchant.


Jacquelline Bogdanov
ISO Relations, Uptop Finance
E: jacquelline@uptopfinance.com
C: 929-265-5706

I will reach out shortly

[CornerStoneFunding]

I have a merchant doing 69K monthly looking for 60K

They’re looking for direct finders who aren’t pulling credit for the cash advance

This would be a 1st position

We don't pull credit. Reach out if you're still in need of a lender for this merchant

[ffpllc]

sent you a dm

[abfunders]

Nobody here will do 60k on a freight deal that's grossing 69k monthly.
Beware: If the client wants "no credit pulled ever", or if he wants "approval before credit is pulled", those are two separate things.
I'm not an underwriter, but the max offer certainly won't be 60k.

[fundinggrasshopper]

Nobody here will do 60k on a freight deal that's grossing 69k monthly.
Beware: If the client wants "no credit pulled ever", or if he wants "approval before credit is pulled", those are two separate things.
I'm not an underwriter, but the max offer certainly won't be 60k.

the fact the op even made this request implies he's green.

given the industry & ask relative to gross deposits, his 700 fico is the best thing the file has going for it.

Many of the A paper 1st pos funders do not ever do a hard inquiry that will show up on the client's report....only soft pull before offer. If the client refuses to even unlock his credit profile this is a different battle. then you definitely wont get close to 60k - on a no credit pulled offer. Again, the guys credit is probably the best thing about the file given the unrealistic ask.

Would recommend taking the time to speak with your rep at the a/b paper funders you have the best relationship with, so you can have a detailed idea of what their credit/background process is not only for situations like this, but bc it will be different for all of them.

[FunderFunding]

They gonna pull credit lmfaooo

[PINNACLEADVANCE]

Does he have any mca history? even a satisfied judgement? if so I can take a look.

[Business2122]

Does he have any mca history? even a satisfied judgement? if so I can take a look.

No MCA history, it’ll be a 1st position

[fundinggrasshopper]

They gonna pull credit lmfaooo

yes a soft pull will be required to get an offer on a pure 1st. which as i explained would behoove the merchant to allow because all things considered his 700 fico is the strongest thing about the file.

[ESE5020]

I have a merchant doing 69K monthly looking for 60K

They’re looking for direct finders who aren’t pulling credit for the cash advance

This would be a 1st position

We do not check credit at all, but securing funding of $60,000 with a monthly revenue of $69,000 does not sound realistic for us. However, obtaining a first position offer is not an issue for us. Feel free to reach out for to explore further.