Defaulted merchants
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  1. #1

    Defaulted merchants

    Half the merchants we are getting are past defaults mainly due to adversity their company faced during Covid. Who actually does fund defaults that you have got an actual approval with....THAT ARE NOT ELIGIBLE FOR TRANDITIONAL LENDING! We already offer those avenues.

  2. #2
    Quote Originally Posted by MarvelBusinessFunding View Post
    Half the merchants we are getting are past defaults mainly due to adversity their company faced during Covid. Who actually does fund defaults that you have got an actual approval with....THAT ARE NOT ELIGIBLE FOR TRANDITIONAL LENDING! We already offer those avenues.
    We consider previous defaults based on time frame between default and settlement, reason for the default, and the current overall health of the business today. If you have merchants with a healthy business over 100K monthly gross deposits but had issues in the past, shoot us an email
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

  3. #3
    We fund defaults - open and satisfied.



    Jacquelline Bogdanov
    ISO Relations
    Uptop Finance
    P: 929-265-5706
    E: jacquelline@uptopfinance.com
    https://www.uptopfinance.com/

  4. #4
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    498

    We can consider Covid Default merchants on credit card split as long as they fully satisfied the original agreement.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

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