Salon with CC split, looking for ACH deal
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  1. 01-13-2016, 11:57 AM #1
    AidanQS
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    Salon with CC split, looking for ACH deal

    I have a salon that recently got a CC split for 18k. They are looking for an ACH deal for around 15k. They have bad credit (under 550). Looking for a funder who can fund in a 2nd pos.
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  2. 01-13-2016, 11:59 AM #2
    Michael Jagiello BGF
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    What do they do on a monthly basis? Any NSFs or negative days?
    Michael Jagiello
    Director of Client Acquisitions
    Blue Granite Funding LLC
    mjagiello@bluegranitefunding.com
    1(718)873-6407 Cell
    1(917)791-8911 Fax
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  3. 01-13-2016, 12:04 PM #3
    AidanQS
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    14k no NSFs or negative days
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  4. 01-13-2016, 12:08 PM #4
    Funder Mark
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    They do $14k monthly, 550 credit or below, looking for $15k 2ND??? Pretty sure this client will not be getting this offer.
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  5. 01-13-2016, 12:24 PM #5
    Chambo
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    Quote Originally Posted by AidanQS View Post
    14k no NSFs or negative days
    they wants AS A SECOND an amount greater than what they do in total monthly deposits?
    I would tell you NEVA GONNA HAPPEN, but Clapman hasn't posted yet about his double digit commissions
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  6. 01-13-2016, 12:33 PM #6
    AidanQS
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    They will take whatever they can get, just haven't had any offers.
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  7. 01-13-2016, 12:40 PM #7
    Funder Mark
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    There is a reason for that, there simply is not enough margins. How much would the client realistically take? $15k is not happening, I can likely arrange $5k.
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  8. 01-13-2016, 01:03 PM #8
    nrh1lp
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    Give loanMe a try if they are in the right state. They don't care if a merchant has one position out already and can make a "1st position" offer, but with a 550 FICO they will still likely be in the 5K range
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  9. 01-13-2016, 04:46 PM #9
    MikeC524
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    Salon with CC split, looking for ACH deal

    I can probably get them 8k-10k on an ACH deal. Worst case would be 5k. Call me for more assistance.

    Mike@SamsonPartnersLLC.com
    347-492-1801
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  10. 01-13-2016, 05:17 PM #10
    Chambo
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    Quote Originally Posted by AidanQS View Post
    They will take whatever they can get, just haven't had any offers.
    and you are surprised because?......
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  11. 01-13-2016, 05:52 PM #11
    merchantcashcloud
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    Send it our way, we'll take a look at it! docs@merchant-cashcloud.com

    Time in Biz?
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