Results 1 to 6 of 6
-
07-27-2016, 03:30 PM #1
- Join Date
- Nov 2014
- Posts
- 76
Owner lives in canada/Business based in US
E-commerce related business depositing between $25k to $60k a month
In business for 10 months
Owner is Canadian citizen but business is registered in US in state of Delaware. He lived in US for several years a few years back and has US social but no credit history. All credit history is tied to Canadian social (he can provide both numbers)
Deal is getting shot down from various funding companies because of either time in biz, industry type or because of this Canada/US thing.
Any direct funders that could get this one done given these items?
-
07-27-2016, 03:33 PM #2
- Join Date
- Mar 2016
- Posts
- 335
Yes.. but who are the deposits from and what is the average size of the deposits.
-
07-27-2016, 04:17 PM #3
- Join Date
- Nov 2014
- Posts
- 76
Deposits coming in from shopify and stripe...looks to be approx 20 to 40 per month
Avg deposit size appears to be $300 to $500
-
07-28-2016, 09:52 AM #4
- Join Date
- Nov 2014
- Posts
- 76
-
07-28-2016, 11:03 AM #5
- Join Date
- May 2014
- Posts
- 187
I have done these types of deals with SNAP Advance in the past. The issue with this deal was that they don't have an actual business location in the US. They only have a mail box in Niagara Falls, NY
Similar Threads
-
Restaurant owner looking for 1.3 million to acquire another business
By Intermediary23 in forum Business LoansReplies: 10Last Post: 03-01-2016, 08:54 AM -
New Owner, Established Business - DTF?
By TFoster71 in forum Deal BinReplies: 2Last Post: 06-08-2015, 02:57 PM -
Asset-based Deal - Property Owner seeking $100k
By lendinghand in forum Deal BinReplies: 5Last Post: 06-01-2015, 10:25 AM -
Yes Canada! Business Credit & Capital can now fund throughout Canada
By freddy in forum Merchant Cash AdvanceReplies: 0Last Post: 05-27-2015, 02:00 PM -
hotel owner needs business loan against rental income
By Fundyman in forum Deal BinReplies: 2Last Post: 05-05-2015, 04:36 PM