[MX211]

Drct lenders that apprv 50% Ownership or less?? Not 51% 150k,3yrs, 680 credit)

**Retail Vapor Shop-
MRev-150k,
Tib 3 years,
50% ownership-
wants 45k, Open to more
Decent balances**
680 Fico

Thanks, if you know of a few please list!
Pm or reply

[sigmundpannu]

Didn't you already post this question? And got some responses?

[LoanMe]

LoanMe can work with 25%.

[Chambo]

Drct lenders that apprv 50% Ownership or less?? Not 51% 150k,3yrs, 680 credit)

**Retail Vapor Shop-
MRev-150k,
Tib 3 years,
50% ownership-
wants 45k, Open to more
Decent balances**
680 Fico

Sounds plausible...until the other 50% ownership see the debits in bank account and threaten to sue, because they never authorized the transaction...and they are just as much the owner and decision maker as the one who signed the docs.

Then what do you do? You bought receivables based on 100% of the sales, but only have a right to 50% of them?

[FUNd]

Sounds plausible...until the other 50% ownership see the debits in bank account and threaten to sue, because they never authorized the transaction...and they are just as much the owner and decision maker as the one who signed the docs.

Then what do you do? You bought receivables based on 100% of the sales, but only have a right to 50% of them?

Chambo, are you being sarcastic? You're buying the entities receivables, not the owner's. They are just there to PG and if they have signing power there is no recourse. The owners are going to what, sue their own company?

[FUNd]

Drct lenders that apprv 50% Ownership or less?? Not 51% 150k,3yrs, 680 credit)

**Retail Vapor Shop-
MRev-150k,
Tib 3 years,
50% ownership-
wants 45k, Open to more
Decent balances**
680 Fico

Thanks, if you know of a few please list!
Pm or reply

CAN - only need 5% ownership