Results 1 to 15 of 15
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05-06-2015, 03:45 PM #1
- Join Date
- Nov 2014
- Posts
- 76
PayPal only statements...who will fund?
Have a merchant here that operates their business exclusively from PayPal and not a standard bank account. All cash inflows and outflows are kept inside PayPal and not transferred to bank account. Is there any funder that will underwrite from just the PayPal statements?
They are already looking into PayPal's program and Kabbage. Looking for other alternatives please.
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05-06-2015, 03:47 PM #2
there are no alternatives
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05-06-2015, 04:30 PM #3
Chambo always plays heart breaker and right to the point.
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05-06-2015, 04:45 PM #4
I am sorry but this file is dead. Sounds like a 6k deal anyway tho so no big loss at least.
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05-06-2015, 05:30 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
Not funding a 6K deal can be a big loss!....Cresthill pays $600.00 and they renew several times a year. that can be a full month rent (over the year) or 2-3 months in many states from the efforts of a 6K deal.
Just BTW, Cresthill has 2 underwriters just working files from 2K-25,000.Last edited by mcaguru; 05-06-2015 at 05:42 PM.
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05-06-2015, 05:50 PM #6
- Join Date
- May 2014
- Posts
- 317
Assuming the merchant will take a short term super high rate then yeah you could have made 10% on the deal at any high risk funder, issue is how many guys will really take that kind of rate and for how long.
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05-06-2015, 06:31 PM #7
Not to mention Jared, Meyer is either leaving out or forgetting that we are talking about Paypal statements. How is Marano going to collect?
OOPS!
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05-06-2015, 10:23 PM #8
- Join Date
- Sep 2014
- Posts
- 30
Lol
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05-07-2015, 10:39 AM #9
- Join Date
- Dec 2013
- Posts
- 4,713
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05-07-2015, 04:09 PM #10
- Join Date
- May 2014
- Posts
- 317
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05-07-2015, 04:48 PM #11
- Join Date
- Dec 2013
- Posts
- 4,713
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05-07-2015, 04:50 PM #12
- Join Date
- Dec 2013
- Posts
- 4,713
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05-30-2015, 11:18 PM #13Karen37aGuest
What is a super high rate?
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05-31-2015, 04:12 PM #14
- Join Date
- May 2015
- Posts
- 10
I can get a PayPal deal funded... Just did a 13.5k deal funded via PayPal...
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06-04-2015, 01:01 AM #15
- Join Date
- Jun 2015
- Location
- Miami FL
- Posts
- 8
I can get you funded if your still interested contact me
Jessica Tigertail
Uber Capital Funding
786-449-5793
Jessica@ubercapitalfunding.com or
Ubercapitalfunding@gmail.com
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