Merchant averaging $35K but has less than 10 deposits per month. Recommendations?
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  1. #1
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    Umm everyone?

  2. #2
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    Quote Originally Posted by FundingCzar View Post
    Umm everyone?
    How do you figure? 10 batches/transactions at least are needed per month. $35K on a total of 5 to 10 deposits (sometimes less) is a huge risk when some of those don't go through for the month.

  3. #3
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    Quote Originally Posted by Quickfunder View Post
    How do you figure? 10 batches/transactions at least are needed per month. $35K on a total of 5 to 10 deposits (sometimes less) is a huge risk when some of those don't go through for the month.
    Quickfunder I wasn't being literal my apologies. While 10 transactions a month is definitely preferred, I personally know of over 20 funders that will do 5+ monthly, even in the construction industry. Quickbridge/Bizfi/credibly would be my first stops for this file based on what else you mentioned.

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