Has anyone heard of Qualified Merchants?
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  1. #1
    Veteran Reputation points: 135672 Chambo's Avatar
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    You mean firms are blurting out numbers and volume with no accountability? Smoke & mirrors lying? Stating they can do X, Y & Z,, when anyone worth anything in this industry knows that is BS?

    Good heavens, No!

  2. #2
    They mentioned they did receive a contract it was from Strategic Funding, so it's true, Qualified Merchants is not a direct lender. Still can't believe the 1.17% factor rate and 10 month term for a 600 fico score. What is this industry coming too....

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by JohnCut View Post
    They mentioned they did receive a contract it was from Strategic Funding, so it's true, Qualified Merchants is not a direct lender. Still can't believe the 1.17% factor rate and 10 month term for a 600 fico score. What is this industry coming too....
    Probably a premium buy rate

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