Low Monthly Balances Needs 7k
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1
    Member Reputation points: 3332
    Join Date
    Jun 2014
    Location
    Houston Tx
    Posts
    97

    Low Monthly Balances Needs 7k

    I have a merchant who is not squeaky clean like everyone likes it to be but she does have a solid business in a reputable part of town in Slidell La and needs a MCA product. I have 3 months of statements, she has really low credit scores 498 but is obviously paying bills - open for 2 years. Her business type is in the Cosmetics and Beauty industry being a lash bar. If anyone will work with this merchant and can give me a solid 5 to 7k offer. We're ready to go! She needs to get in the door somewhere if at all possible.

  2. #2
    Senior Member Reputation points: 2165
    Join Date
    Sep 2015
    Location
    Miami, Fl
    Posts
    148

    What's her revenue and how much of it is CC processing?

  3. #3
    Senior Member Reputation points: 3393
    Join Date
    Jul 2015
    Posts
    120

    sent you a private message
    Brent Goggins
    Business Credit Consultants
    ISO Relations Manager
    Direct: 518-776-7501
    Email: BrentG@bccusa.com

  4. #4
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by BSCI 504 View Post
    I have a merchant who is not squeaky clean like everyone likes it to be but she does have a solid business in a reputable part of town in Slidell La and needs a MCA product. I have 3 months of statements, she has really low credit scores 498 but is obviously paying bills - open for 2 years. Her business type is in the Cosmetics and Beauty industry being a lash bar. If anyone will work with this merchant and can give me a solid 5 to 7k offer. We're ready to go! She needs to get in the door somewhere if at all possible.
    Just curious, what do you actually plan on netting off this potential $5-7K deal (after house split and cobroker)? Do you really think the kind of MCA product she will qualify for (given sub-500 credit) is something that is going to help her business?

  5. #5
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Quote Originally Posted by anonymous View Post
    Just curious, what do you actually plan on netting off this potential $5-7K deal (after house split and cobroker)? Do you really think the kind of MCA product she will qualify for (given sub-500 credit) is something that is going to help her business?

    popcorn-blank.gif

  6. #6
    Quote Originally Posted by BSCI 504 View Post
    I have a merchant who is not squeaky clean like everyone likes it to be but she does have a solid business in a reputable part of town in Slidell La and needs a MCA product. I have 3 months of statements, she has really low credit scores 498 but is obviously paying bills - open for 2 years. Her business type is in the Cosmetics and Beauty industry being a lash bar. If anyone will work with this merchant and can give me a solid 5 to 7k offer. We're ready to go! She needs to get in the door somewhere if at all possible.
    So long as her avg monthly revenue is 13k or higher we could get her 5-7k.
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/

Similar Threads

  1. Who can consolidate two small balances
    By JSL23 in forum Deal Bin
    Replies: 4
    Last Post: 10-03-2016, 08:38 PM
  2. what MCA or banks are doing monthly payments or bi monthly
    By chris32111 in forum Business Loans
    Replies: 5
    Last Post: 08-14-2015, 06:30 PM
  3. 4 positions looking to consolidate 3 low balances
    By Powerline_factor77 in forum Merchant Cash Advance
    Replies: 9
    Last Post: 04-23-2015, 04:46 PM
  4. Replies: 2
    Last Post: 04-14-2015, 08:44 AM
  5. Merchant has 5 position with low balances
    By sam@ybc in forum Deal Bin
    Replies: 7
    Last Post: 01-27-2015, 11:33 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY