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06-01-2016, 03:21 PM #1
- Join Date
- Dec 2015
- Posts
- 25
AMERICA'S BUSINESS CAPITAL (Revises underwriting guide 6/1/16)
ABC PIC.jpg.png
ABC'S Underwriting Reference Guide
We Fund in Puerto Rico, (not CA) must have 9 digit routing number and be a US bank
500 + FICO
1st, 2nd & 3rd positions ok
Up to 18 month terms
Open to All Industries!!!
Weekly payment options (case by case)
Consolidations ok up to $30,000 (Must net 60% with new advance)
Pre pay discounts for Merchants
Submissions before 12pm underwritten by end of business
Minimum 5 deposits/batches per month
5 or less negative days per month
6 + months in business
Tax liens ok (Case by case underwriting)
1M max advance amount
For further assistance contact Darnell at dcanty@abcmca.com or 1-888-426-0377 ext 109Darnell Canty
Sr. Account Manager
Office 888-426-0377 ext 109
Mobile 609-200-0271
www.abcmca.com
AMERICAS BUSINESS CAPITAL
"Funding Small Businesses Across America"
Ca$h Flo 30, 45, 60, 75
MCA Purcha$e-Bridge
MCA $BA-Bridge
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06-01-2016, 03:24 PM #2
"Consolidations up to $30,000"
Does this mean the balances cannot be more than $30K combined?
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06-01-2016, 03:35 PM #3
"Pre pay discounts for Merchants" does this include 3rd parties? or only if they renew with you
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06-01-2016, 03:36 PM #4
- Join Date
- May 2014
- Posts
- 187
(not CA) , Is that California or Canada?
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06-01-2016, 04:00 PM #5
- Join Date
- Jul 2014
- Posts
- 1,746
FUNd™
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06-01-2016, 04:15 PM #6
- Join Date
- Sep 2014
- Posts
- 430
CreditGuy™
Is this a thing that we're doing?
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06-01-2016, 04:48 PM #7
- Join Date
- Jul 2014
- Posts
- 1,746
Apparently ™ makes things officially official, and even untrue statements true. For example:
We do terms up to 10 years with monthly payments at 2% APR and pay 20 points commission on the payback amount.
No way, right? Now try this one:
Terms up to 10 years with monthly payments at 2% APR and paying 20 points commission on the payback amount with our FlexFastPayGoodAwesomeMCA™ loan program.
See?
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06-01-2016, 05:16 PM #8John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-01-2016, 05:21 PM #9
- Join Date
- Sep 2014
- Posts
- 430
"I am not a crook."™ - Richard Nixon
"Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
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06-02-2016, 03:22 PM #10
- Join Date
- Dec 2015
- Posts
- 25
If a merchant pays us off with their own funds or it comes from a third party, and there is a specified prepay addendum in the agreement, then yes they will get the discount, it does not matter who pays us off as long as it is paid off in full within the time frame the prepay specifies.
Darnell Canty
Sr. Account Manager
Office 888-426-0377 ext 109
Mobile 609-200-0271
www.abcmca.com
AMERICAS BUSINESS CAPITAL
"Funding Small Businesses Across America"
Ca$h Flo 30, 45, 60, 75
MCA Purcha$e-Bridge
MCA $BA-Bridge
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06-02-2016, 03:23 PM #11
- Join Date
- Dec 2015
- Posts
- 25
We do not fund In California or Canada.
Darnell Canty
Sr. Account Manager
Office 888-426-0377 ext 109
Mobile 609-200-0271
www.abcmca.com
AMERICAS BUSINESS CAPITAL
"Funding Small Businesses Across America"
Ca$h Flo 30, 45, 60, 75
MCA Purcha$e-Bridge
MCA $BA-Bridge
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06-02-2016, 03:23 PM #12
- Join Date
- Dec 2015
- Posts
- 25
yes that is correct
Darnell Canty
Sr. Account Manager
Office 888-426-0377 ext 109
Mobile 609-200-0271
www.abcmca.com
AMERICAS BUSINESS CAPITAL
"Funding Small Businesses Across America"
Ca$h Flo 30, 45, 60, 75
MCA Purcha$e-Bridge
MCA $BA-Bridge
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