Merch was approved for $55k with Quarterspt...but has crim background

**castcap** · 10-28-2015, 12:58 PM

Merchant approved for $55k, bounced back due to a criminal offence in the 90's that is now closed. Carpet cleaning business that does $30k per month. Deal was to payoff Business Backers Balance of $23k. Merch is ready to sign now!

**Money2Fund** · 10-28-2015, 01:28 PM

sent you a private message
Thanks
Brent

**GMFunding** · 10-28-2015, 01:32 PM

What's the criminal history?

**MaxAdvance** · 10-28-2015, 01:41 PM

Try Quickbridge & Strategic

**Michael I** · 10-28-2015, 01:52 PM

quickbridge is very based on credit .
any second position guy will do it relying on business backer underwriting

**anonymous** · 10-28-2015, 01:54 PM

Thought Quickbridge ran criminal background prior to issuing the initial approval? Don't think they can measure up to a Quarterspot approval either (although I could be wrong). Try IOU.

**anydealfunded** · 10-28-2015, 02:17 PM

If it is a financial related crime you will have a tough time with this.

**Zach** · 10-28-2015, 02:28 PM

What type of crime is it?

**dpFund** · 10-28-2015, 05:08 PM

I do a lot of MCA debt consolidation (12-18 month term, with monthly payments) but this looks a little small to me (normally require $500k min income and $50k funding amount, but sometimes make exceptions). Like the other questions that came up in this thread, I would be curious to know the nature of the crime. Good news is that it was a long time ago. Hell, I was still doing foolish things in the 90s! :-)

Let me know if you cannot find a home.

Best,

Dan Page
dan@fundingstrategypartners.com

**kmacdonald** · 10-28-2015, 06:38 PM

I work for WBL, and have worked with many criminal histories. I would be happy to look at the file, and perhaps build a relationship here. My email is kmacdonald@wbl.com and my direct line is 860.436.2183 .

**AndyYSCISOdept** · 10-29-2015, 09:25 AM

If the crimes were in the 90's and weren't federal racketeering, money laundering etc. I will fund that deal in a heartbeat. We all have pasts, and judging people by mistakes in their past is not what this country is all about. In fact, Id be willing to bet a lot of people working in this industry would have a hard time passing a background check.

**Michael Jagiello BGF** · 10-29-2015, 03:16 PM

If the offense took place that long ago it shouldn't pose any issue present day. Shoot me an email and we'll see what we could get done for them!

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