Results 26 to 27 of 27
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05-24-2016, 01:57 PM #26
- Join Date
- Oct 2014
- Posts
- 260
Carl,
There is a lot of requirements that go into qualifying for a deal like this. It really comes down to our proprietary scoring model. It factors in TIB, Credit(business and personal), SIC, State, liens, Bankruptcies in the past, charge-offs, tradelines, etc.. There is more to list but it has to score above a 200 in our system. Obviously that number really means nothing to you from an external standpoint. I would say the main 3 that weigh the heaviest towards the score are time in business, personal credit, and business credit. The IPV score must be above 70.
Basic guidelines: 4 years plus in business, 650 fico, 600k annual revenueSecond place? Set of steak knives.
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05-24-2016, 02:20 PM #27
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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