Results 1 to 17 of 17
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05-12-2016, 03:10 PM #1
No Bank Statements
Can anyone fund a deal with $180K of monthly CC volume but no bank statements? Client refuses to provide.
Longshot, but figured I'd post and see what comes up.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-12-2016, 03:40 PM #2
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
No Bank Statements
Smells like a red flag!!!! What is going on in their bank statements that the client does not want to provide them??
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05-12-2016, 04:07 PM #3
- Join Date
- Mar 2016
- Posts
- 657
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05-12-2016, 04:30 PM #4Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-12-2016, 04:35 PM #5
- Join Date
- Feb 2015
- Posts
- 17
No Bank Statements
Capify is great on card deals, decision logic the banks or its dead
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05-12-2016, 04:36 PM #6
- Join Date
- Sep 2015
- Posts
- 36
Depending on who he processes with, Kabbage may be able to link up to the account and offer an approval without looking at the business checking account. They can fund merchants who strictly use PayPal, Square... even intuit quickbooks. 100k cap there I believe and prob not much of a commish.
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05-13-2016, 07:37 AM #7
- Join Date
- Jan 2014
- Posts
- 13
Thanks for the shout out Sam.
Rhall@capify.com
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05-13-2016, 09:30 AM #8
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
Zach,
See if he will send in statements and he can black out the account numbers or any other sensitive information he is paranoid about...
Just a shot, who knows. As long as you see the business name and address maybe that can fly with the merchant..
I would be glad to talk to merchant, I have a calming voice
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05-13-2016, 09:32 AM #9
- Join Date
- Jul 2014
- Posts
- 1,746
No Bank Statements
Why black out account numbers when the full account and routing number is on EVERY single check this fool has written on that account. Nonsense I tell you.
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05-13-2016, 09:35 AM #10
I always wondered about that. And the merchants who cross out the account and routing numbers on the first page of their statements, but none of the others.
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05-13-2016, 11:27 AM #11
After speaking to the merchant again, I'm pretty sure it's fraud. I'm just gonna throw the deal away.
"I am in the process of trying to secure an approval for you, so I'd like to ask you, one businessman to another, why won't you let us see any bank statements? I just need one logical reason to go off of."
"You know what, just forget it, you're just like all the others! I told you I won't provide any statements, and that's FINAL"
"No problem, but I just need to know: why not? I can explain it to an underwriter if I know why."
He just keeps repeating himself. Fraud 101 IMOZachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-13-2016, 11:29 AM #12
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Spot on Zach
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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05-13-2016, 11:30 AM #13
- Join Date
- Jul 2014
- Posts
- 1,746
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05-13-2016, 11:41 AM #14Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-13-2016, 12:09 PM #15
- Join Date
- Mar 2016
- Posts
- 657
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05-13-2016, 07:44 PM #16
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
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05-16-2016, 11:06 AM #17
- Join Date
- May 2016
- Posts
- 16
Good Morning,
I work for a direct merchant lender, JD Merchant Capital, based out of Hartford, CT. I saw your request for funding and believe I can assist you in securing the working capital you are looking for.
I have had clients who refuse to show bank statements, but we can also go off of tax returns showing positive marks at the end of a quarter.
Please feel to contact me directly at (860) 906-1302 or via email at Amy.JDMerchantCapital@outlook.com
I look forward to hearing from you and trying to help you out.
Sincerely,
Amy C. Riddle
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