Results 1 to 14 of 14
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02-04-2016, 07:28 PM #1
- Join Date
- Mar 2015
- Posts
- 47
Deal: NSFs Galore!
Hi Funders,
I have a merchant that has 15-20 NSFs/month. I'm not sure how she stays alive! Obviously, ending balances are low, if not negative. She has been in business since 2011 and her revenues average $15-18k/month. I thought I'd throw it out there and see if someone has a serious risk appetite. No collateral. Private message me if you're serious.
Thanks!
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02-04-2016, 07:41 PM #2
- Join Date
- Sep 2014
- Posts
- 720
Deal: NSFs Galore!
Really?
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02-04-2016, 08:07 PM #3
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
Deal: NSFs Galore!
Only having real estate with equity and sending to WBL might help. I think
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02-05-2016, 01:49 AM #4
- Join Date
- Sep 2015
- Posts
- 122
Im sure you can find a $2,500 40 payment offer from someone somewhere if that actually helps anyone for some reason
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02-05-2016, 08:18 AM #5
- Join Date
- Jan 2016
- Posts
- 20
Yes, WBL with ANY TYPE of real estate collateral. Up to 75% CLTV's. If she doesnt own any real estate, we can always give her the whole "friends and family" conversation. Call or email with questions or concerns. eligius.romero@wbl.com 212-271-8266
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02-05-2016, 09:47 AM #6
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Andrew J. McDonald
Director of ISO Development
Yellowstone Capital LLC
1 Evertrust Plaza
Suite 1401
Jersey city, NJ 07302
PH - 347.464.0785
FX - 646.213.1790
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02-05-2016, 10:23 AM #7
- Join Date
- Jan 2016
- Posts
- 435
LoanMe if they are in an eligible state
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02-05-2016, 10:41 AM #8
- Join Date
- Jul 2014
- Posts
- 1,746
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02-05-2016, 11:13 AM #9
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 503
What's the credit card processing volume for Dec and Jan? Feel free to give me a call.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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02-05-2016, 12:16 PM #10
- Join Date
- Jun 2015
- Posts
- 22
What state are they in? LoanMe doesn't take NSFs into account and we have had success placing deals there when there are too many days negative for an advance.
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02-05-2016, 12:25 PM #11
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Is she going to pay you Tuesday for those hamburgers?
She ends most of her days negative. She's been in business for 5 years. Her CC volume gets deposited into this same account? Where is her money for inventory? Does she even have any? You skipped out on what type of biz she has. MAYBE there could be program or product she can grow with?
She probably doesn't process CC with a company that can be looked at for any options. An ACH would be out of the question if there is NO MONEY to be ACH'd from. This deal is dead.Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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02-05-2016, 12:41 PM #12
- Join Date
- Jul 2014
- Posts
- 1,746
Deal: NSFs Galore!
That's for sure. A "serious risk appetite". More like is there anyone willing to flush money down the toilet?
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02-05-2016, 12:52 PM #13
15-20 NSF's, how many negative days?
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02-05-2016, 03:25 PM #14
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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