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07-20-2016, 12:10 PM #1
- Join Date
- Apr 2015
- Posts
- 206
Who does D paper?
I have a merchant that does 1.5 million dollars a year and is seeking 50 to 100k. Time in business 2 years. Average bank balance around 10k. Has 2 positions with one lender. Please let me know any DIRECT FUNDERS that can help.
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07-20-2016, 12:16 PM #2
1: That comes down to roughly $125k per month
2: I pm'd you.Last edited by Funder Mark; 07-20-2016 at 12:53 PM.
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07-20-2016, 02:13 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
I am not sure what D Paper means... I will however try to describe what a decline file means at mantis with a metaphor:
You know at the Arcades (or sometimes at the entrance of a Walmart) they have these machines that's got a robotic arm and after placing coins it lowers to reach a prize, well there is a zero chance anyone would put a coin if the machine was empty of prizes! right? same when we make a decline we believe the client got no ability to handle a re-payment...Otherwise any file (outside of used auto and legal) is totally fundable.Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-20-2016, 02:22 PM #4
- Join Date
- May 2015
- Location
- NYC
- Posts
- 197
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07-20-2016, 02:36 PM #5
Lendini does what you would call D paper, but again that can stir-up multiple levels of indefinite argumentation. So to make it pure and straightforward, we fund merchants whose credit scores are below standard i.e. 470 and higher. Additionally, we work on deals that may include high-risk components such as the Industries not typically liked by other lenders, Time in Business and Revenue. If you would like just reach out and I can answer most questions you could have.
Nick Yiambilis, Lendini 2.0
Director of ISO Relations & Business Development
Email: nick.yiambilis@lendini.com
Office Line: 267-569-3699
Cellphone: 267-751-5925
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