Technology Company - Low transaction count
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  1. #1

    Technology Company - Low transaction count

    Merchant seeking 1st position with weekly term. They have previous MCA clean payoff history.

    Transaction count - 1 - 2 deposits
    TIB - 6 YEARS
    FICO 620
    Revenue - 35k-50k per month

  2. #2
    Senior Member Reputation points: 32237
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    Sounds like a Capybara deal to me. [email protected] (depending on the specifics we have funded low deposits).
    Marcus Clapman
    Capybara Capital
    [email protected]
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
    I can help. additionally, my first position programs work like a line of credit where the merchant pays for what take and not force them to refinance or take a second position when they want more funding. contact me for more details
    TMRNOW | A Total Merchant Resources Company
    Ariel Avalos – Iso Relations Manager
    377 Hoes Lane, Suite 240, Piscataway, NJ 08854
    Phone: 347-814-6152 | Email: [email protected] | Web: www.tmrnow.com

  4. #4
    Senior Member Reputation points: 104148
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    Quote Originally Posted by RightC View Post
    Merchant seeking 1st position with weekly term. They have previous MCA clean payoff history.

    Transaction count - 1 - 2 deposits
    TIB - 6 YEARS
    FICO 620
    Revenue - 35k-50k per month
    Have them improve their FICO to over 650 and then go for a Bolt Express
    Look up BayFirst in St. Pete Florida
    Dave Lambert, Business Development
    Managed Services Provider
    https://globalpayments.com
    https://www.united-internet.com
    https://www.nmi.com
    [email protected]
    Office: 727-233-1111
    Microsoft Team fc-financial

  5. #5
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    National used to only need 1 deposit per month, not sure if its still the same though havn't worked with them in few years

  6. #6
    Senior Member Reputation points: 47253
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    Quote Originally Posted by Sachip24 View Post
    National used to only need 1 deposit per month, not sure if its still the same though havn't worked with them in few years
    1 deposit per month is diabolical.. imagine if an issue occurs with their ONLY source of income


    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: [email protected]
    C: 305-502-9414

  7. #7
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    Quote Originally Posted by AlexPete View Post
    1 deposit per month is diabolical.. imagine if an issue occurs with their ONLY source of income


    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: [email protected]
    C: 305-502-9414
    yea it was sweet only needed 1 deposit per month and they paid up to 20pts ...good old days

  8. #8
    Senior Member Reputation points: 95068
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    Quote Originally Posted by Sachip24 View Post
    National used to only need 1 deposit per month, not sure if its still the same though havn't worked with them in few years



    I'm a bit perturbed with the phrasing of this sentence. National "used to only need 1 deposit per month"

    Well how much lower can you go before the merchant is unqualified?

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