Results 1 to 17 of 17
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10-27-2015, 04:22 PM #1
- Join Date
- Oct 2015
- Posts
- 53
Yellowstone Capital ISO News Letter
Follow the link below to read about some of the more interesting and difficult deals and merchants our ISO Department has assisted in getting funded!
http://www.yellowstonecap.com/blog/f...on-yellowstone
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10-27-2015, 06:23 PM #2
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10-27-2015, 07:25 PM #3
- Join Date
- Jun 2015
- Posts
- 3,325
Wow so Yellowstone changed their policy of not being able to find a negative account . Also how many nsf will they do now ?
Or is it just a marketing campaign not meant for current ISO of Yellowstone
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10-27-2015, 08:07 PM #4
Yellowstone Capital ISO News Letter
Each file is underwritten individually, it's absolutely not a one size fits all situation.
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10-29-2015, 09:33 AM #5
- Join Date
- Oct 2015
- Posts
- 53
Michael I, the deal mentioned in the article is not meant to be a change of policy, but rather an example of Yellowstone's flexibility. In this case, we actually had the merchant come down and visit our office for a face to face conversation because we really liked his business model and TIB. After speaking with him in the office, we funded the negative account based off our assessment of the merchant and not just his bank statements.
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10-29-2015, 09:39 AM #6
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Got to be honest here, a lot of times it's not that the account is negative, it's the how and why it's negative and when the merchant expects to be positive. Joe is right it's not a policy change, our team has just made a very concentrated effort to look beyond that and take the time to make sure we aren't passing up a good deal.
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10-29-2015, 11:43 AM #7
- Join Date
- Jun 2015
- Posts
- 3,325
ok i was going to flood my rep with 20 negative files
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10-29-2015, 11:47 AM #8
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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10-29-2015, 11:51 AM #9
- Join Date
- Jul 2014
- Posts
- 1,746
Yellowstone Capital ISO News Letter
35 times? Lol. Talk about being trapped!
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10-29-2015, 12:27 PM #10
Is the client still at a 1.45?
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10-29-2015, 12:50 PM #11
- Join Date
- Jul 2014
- Posts
- 1,746
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10-29-2015, 12:52 PM #12
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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10-29-2015, 01:00 PM #13
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Just been corrected by my noob...its all add ons, maybe I need to be looking in the job bin!
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10-29-2015, 10:51 PM #14
- Join Date
- Apr 2014
- Posts
- 781
Yellowstone runs a very good operation!!!
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11-05-2015, 05:32 PM #15
- Join Date
- Jun 2015
- Posts
- 32
looking for someone to find my client
I have a client with a theft conviction from 8 years ago that has now owned a business for a few years that is high margin and currently does $32,000 to $45,000 a month in credit card sales, I am trying to get him $20,000 to $35,000 at a rate of 1.32 or about that with a 15-30%split
If anyone can help me with this
Email me at sales@buytanningsalons.com
I currently am an ISO with a couple funders, but no one can get close to the 1.32 rate he wants, he does have some low bank balances though
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11-06-2015, 09:37 AM #16
- Join Date
- Oct 2015
- Posts
- 53
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11-06-2015, 10:00 AM #17
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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