[upperlinecap]

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.

[Chambo]

there are no alternatives

[Eagle Funding]

Chambo always plays heart breaker and right to the point.

[ridextreme]

I am sorry but this file is dead. Sounds like a 6k deal anyway tho so no big loss at least.

[mcaguru]

I am sorry but this file is dead. Sounds like a 6k deal anyway tho so no big loss at least.

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.

[Jared_Weitz]

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.

[Chambo]

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!

[getlikwid247]

Lol

[mcaguru]

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.

Jared - My Guess is 70-120 day deal space 1.38-145 is a Half Billion a year and growing space.

[Jared_Weitz]

Jared - My Guess is 70-120 day deal space 1.38-145 is a Half Billion a year and growing space.

Anyone in that space has already started going longer and cheaper, people with their finger on the pulse know that's where it's going. Pigs get fat, Hogs get slaughtered.......

[mcaguru]

Anyone in that space has already started going longer and cheaper, people with their finger on the pulse know that's where it's going. Pigs get fat, Hogs get slaughtered.......

Well Said Jared!

[mcaguru]

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!

Mr. Marano does not collect he manages from a macro level.

[Karen37a]

What is a super high rate?

[down to fund!]

I can get a PayPal deal funded... Just did a 13.5k deal funded via PayPal...

[ubercapital]

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