High balance payoff
Need a Funder or Vendor? START HERE

Results 1 to 16 of 16

Hybrid View

  1. #1
    Rapid will fund high quality deals up to $500k. 5+ years in business, 670+ fico, must submit financials with pre-qual. Skideep is correct the merchant must net 40% for large deals we will not payoff over $75k.
    Quote Originally Posted by CO1 View Post
    To bad Rapid wouldn't fund that high.

  2. #2
    Senior Member Reputation points: 148 Capital Stack's Avatar
    Join Date
    Jul 2012
    Location
    Wall ST.
    Posts
    268

    JB, good to see you with Rockbridge stepping up!!

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    Quote Originally Posted by jbrown View Post
    Rapid will fund high quality deals up to $500k. 5+ years in business, 670+ fico, must submit financials with pre-qual. Skideep is correct the merchant must net 40% for large deals we will not payoff over $75k.
    Safe for Jeremy to throw that out there, because there is no way in hell they will do this deal with a $200K balance. $75K is the highest they will go, and I have seen GBR claim they will do $90-100K payoff (but never materialize)

Similar Threads

  1. Who are the high risk lenders right now?
    By Lendinero in forum Merchant Cash Advance
    Replies: 27
    Last Post: 01-16-2014, 06:08 PM
  2. High Risk ACH deals!
    By Capital Stack in forum Promotions
    Replies: 1
    Last Post: 02-06-2013, 02:19 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY