restaurant night club

**brokerCompany** · 04-20-2016, 10:52 PM

Who can go out the longest term over 12 months with just 4 months bank statements and MTD activity
No tax returns so cannot go IOU or Qspot.
Good credit 80k/deposits per month. NEeds 50k

**Zach** · 04-21-2016, 01:33 AM

Mcc, can, od

**Scott Williams** · 04-21-2016, 08:04 AM

1st Merchant would only require a business license on that size funding amount

**rcola** · 04-21-2016, 09:00 AM

If you want to send me over 4 months of bank statements I can take a look we lend in house, do they have 9 deposits or more in all 4 months? Email me at rcola@vikingundinggroup.com I'll take a look at the file.

**Michael I** · 04-21-2016, 10:38 AM

Originally Posted by brokerCompany

Who can go out the longest term over 12 months with just 4 months bank statements and MTD activity
No tax returns so cannot go IOU or Qspot.
Good credit 80k/deposits per month. NEeds 50k

what am i missing here i can name over ten companies that will do that ?

**nrh1lp** · 04-21-2016, 10:53 AM

Originally Posted by Michael I

what am i missing here i can name over ten companies that will do that ?

Agreed, especially if it is a nightclub/restaurant they probably do a lot in CC processing and would qualify for a low hold back split.

Do all of your funders require 1 year in operation?

**Michael I** · 04-21-2016, 11:00 AM

Originally Posted by nrh1lp

Agreed, especially if it is a nightclub/restaurant they probably do a lot in CC processing and would qualify for a low hold back split.

Do all of your funders require 1 year in operation?

to get a 12 month plus deal pretty much

**nrh1lp** · 04-21-2016, 11:05 AM

The question was directed towards brokercompany. Point is, if credit and revenue is there quite a few places will do this deal

**brokerCompany** · 04-21-2016, 12:49 PM

I did update to the 4 months statements, they just switched to square for the merchant processing.
They were hoping for more than 12 months and I know IOU and qspot are most active with that.

They need 18 months. If a direct funder here can do it message me asap

**Marvin** · 04-21-2016, 04:50 PM

Sent you a PM..

Marvin K. Fauntroy
MKF Enterprises
mkfent2001@aol.com
202-705-1791

**Funder Mark** · 04-21-2016, 04:52 PM

Originally Posted by Marvin

Sent you a PM..

Marvin K. Fauntroy
MKF Enterprises
mkfent2001@aol.com
202-705-1791

Free emails are not going to work very well here. But if you are going to use one, at least make it gmail.

**Marvin** · 04-21-2016, 05:00 PM

accidently left that off...dexeli1@gmail.com

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