Results 1 to 25 of 252
Hybrid View
-
10-24-2015, 09:55 PM #1
- Join Date
- Oct 2015
- Location
- Brea, California
- Posts
- 88
Hey ridX, I am a small shop and want to sign up to run credit. Who would be good that MCA people use. Also, if I run credit and 1 or 2 other Funders do also, how quickly will their score go down?
I signed up with Experian Connect so that the Merchant gets a soft pull but getting the Merchants to do this seems to slow down the process of getting everything in to submit. I just thought that I can pull credit myself and pre-qual the Merchant quicker.
I see plus and minuses on both sides of pulling credit. I have been telling my Merchants the same thing as John, "Do not let anyone do a hard pull, I am going to send you an email from Experian Connect so that you can pull your own credit and score and allow me to view it" BUT sometimes it is 2-3 days later (5 calls) and they still have not pulled credit.
I am thinking now that I just want to go ahead and do a hard pull since I already have the app and all the docs in and I do not want to wait and possibly have someone else take the deal.Last edited by BigIz; 10-24-2015 at 10:16 PM.
Similar Threads
-
The Official Business Financing Leaderboard
By isaacdstern in forum Merchant Cash AdvanceReplies: 17Last Post: 07-19-2015, 08:52 PM -
Retailer with $60k monthly sales/$40k cc sales but only 6 months time in business
By upperlinecap in forum Deal BinReplies: 7Last Post: 12-30-2014, 03:06 PM -
Broadway Advance Reviews Thread
By ixpressions in forum Merchant Cash AdvanceReplies: 23Last Post: 11-25-2014, 05:20 PM -
BIG Macher Thread~
By Ed_CrestHill Capital in forum Merchant Cash AdvanceReplies: 1Last Post: 02-28-2014, 04:11 PM -
Continued from another thread re: stacking
By funding pro in forum Merchant Cash AdvanceReplies: 10Last Post: 07-23-2013, 05:08 PM