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03-02-2016, 10:40 AM #1
Reputation points: 2463
- Join Date
- Sep 2012
- Location
- Gainesville Florida
- Posts
- 168
The Flex Funds is designed to be additional capital for the merchants between initial funding and the renewal/refinance mark. It is an add on for the merchant that they are eligible for after 3 weeks of successful payment. We noticed that most merchants did not plan the use of their funds wisely or had an unexpected expense come up before they were eligible for additional funds. Elevate aims to provide solutions for our merchants not additional issues so we decided to provide a product that would help out in these situation. In regards to Syndication our minimum requirements are pretty low... We like to see at least 10 deals a month submitted .. this does not have to be consecutive as there is a 2 month window to have a month where you hit that.
Feel free to call us and discuss more if you would like.
Oh and 75K is our initial funding... we have merchants that have received well over 100K on their renewals and refinances
Heather Francis
888-382-3945
heather@elevatefunding.biz
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