Merchant with no credit history
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  1. #1

    Merchant with no credit history

    I have a merchant that was recently issued a ss#, so understandably has little to no credit history.

    Financials are strong - averaging $45k in deposits with no NSFs and good daily balance.

    Which funder would offer 6+ month terms for a merchant that was recently issued a ss#?

  2. #2

    Lightbulb

    Is it a medical/health deal? If so contact James Graydon at ProMED Healthcare Financing 631-468-6325

    Quote Originally Posted by loan View Post
    I have a merchant that was recently issued a ss#, so understandably has little to no credit history.

    Financials are strong - averaging $45k in deposits with no NSFs and good daily balance.

    Which funder would offer 6+ month terms for a merchant that was recently issued a ss#?

  3. #3
    Senior Member Reputation points: 1158
    Join Date
    Apr 2015
    Location
    Morristown, NJ
    Posts
    100

    I can do a deal like this. As long as he HAS an SSN, I am okay with it; as long as the deal looks clean. Please call me if you want to move forward.
    ---------------------------------------------------------

    Rich McKellar



    www.linkedin.com/in/richardmckellar

  4. #4
    Member Reputation points: 10
    Join Date
    Apr 2015
    Location
    Meriden, Connecticut, United States
    Posts
    14

    I have the perfect investor to handle this account, what is there average reserve balance? lets get this deal done give me a ring or feel free to email it over ASAP.

    Tel: (860) 890-7220
    Toll Free Fax: 1(844) 279-7010
    Email: Michael@smartseedcapital.net
    Web: Smartseedcapital.com

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