High Risk Funder Needed - Negative Bank Day
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  1. #1

    High Risk Funder Needed - Negative Bank Day

    I have an application that was declined due to negative bank days. Is there a company on here that is willing to take it on? Everything on the file looks good besides the negative bank days.

    Please contact
    Sam
    406-282-1404

  2. #2
    Senior Member Reputation points: 9983
    Join Date
    Dec 2021
    Posts
    196

    Declined for a good reason, how do you expect a funder to make an offer that isn't some 1.6 factor 20 day bs when they literally don't have enough money to cover payments in their account?

  3. #3
    Quote Originally Posted by goldenhippo80 View Post
    Declined for a good reason, how do you expect a funder to make an offer that isn't some 1.6 factor 20 day bs when they literally don't have enough money to cover payments in their account?
    You don't ask then you don't receive!
    Last edited by SamuelH; 03-25-2024 at 01:04 PM.

  4. #4
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
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    If the merchant accepts credit cards and is a first position i can possible do a cc split only.


    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  5. #5
    Quote Originally Posted by closer129 View Post
    If the merchant accepts credit cards and is a first position i can possible do a cc split only.


    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872
    Client is a second position.

  6. #6
    Senior Member Reputation points: 10476
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    Quote Originally Posted by SamuelH View Post
    Client is a second position.
    If the merchants balances is small enough to payoff and do a cc split maybe we will fund it. If he is negative all the time he is probably bouncing the payments to the current position which is not good. This is also probably why every funder you sent it to declined it.

  7. #7
    Senior Member Reputation points: 218103
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    Quote Originally Posted by SamuelH View Post
    Client is a second position.
    Try Simply, they do 2nd position CC splits

  8. #8
    Quote Originally Posted by SamuelH View Post
    Client is a second position.
    Wait so its a 2nd position and he has negative days? I'd check those statements again and make sure he's not bouncing his other payments.. Probably save yourself sometime and move onto the next merchant.

  9. #9
    We can extend a second post-credit card split option. Kindly provide your file for review.
    Daniel Gold
    Paz Funding Source LLC
    310-845-6112
    Dan@PazFundingSource.com
    [B]ALL submissions should be sent to Partners@PazFundingSource.com with CC to dan@PazFundingSource.com for quickest response.

  10. #10
    Member Reputation points: 10


    Join Date
    Jul 2023
    Location
    Miami
    Posts
    13

    if merchant recovers strongly we can send out an offer

    subs@pathwayfunding.com

  11. #11
    We offer weekly payments I believe we can work something there (alot of times you just need to understand the merchants business better and see when he gets his deposits)

    deals@mintfunding.com
    Mint Funding
    347-797-1800
    Max@mintfunding.com
    Deals@mintfunding.com

  12. #12
    Senior Member Reputation points: 5987 Regium's Avatar
    Join Date
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    Location
    NYC
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    201

    Does he have overdraft protection / what is the OD limit?

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