High risk no decision logic
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,374

    High risk no decision logic

    Merchant has no positions, does about 40k monthly private car limo service is looking for about $25k. Due to personal info getting compromised and identity stolen his bank does not allow log in access to his account to keep accounts secure. Is there any lender that does not use decision logic and can conference call merchant and bank to verify statements?

  2. #2
    From what I have seen that is standard procedure if the bank doesn't/won't support Decision Logic, most lenders should do that for you no problem

  3. #3
    Some funders would do a join.me session with the merchant. I don't know of any funders who would do a conference call with the bank and merchant.

    I did a deal with Expansion with similar circumstances back when we were brokering and they did a join.me secession. It was about 2 years ago, so I don't know if they still do it, but I would ask your funders if they would do that.
    B-C-D LENDER
    WE OFFER SYNDICATION!


    aidan@quickstrikecapital.com
    (561) 422-4023
    http://quickstrikecapital.com

  4. #4

  5. #5
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by IOUFinancialex View Post
    Pmd
    Since when do you no longer require Decision Logic? Must have been a very recent change...

  6. #6
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Legal shield
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

  7. #7
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    Whenever I hear that the deal turns out to be complete fraud. 9 out of 10 times i would say.

  8. #8
    Senior Member Reputation points: 64
    Join Date
    Jul 2014
    Posts
    196

    High risk no decision logic

    Join me we use if underwriting can't use decision logic. Safe and secure.

    Mike@samsonfunding.com
    347-492-1801

  9. #9
    This will be a simple task for us. We provide rates starting in the single digits and are able to lend up to $5,000,000. We have short term and long term programs and our owners have 40+ years experience in cooperate business financing so we are very familiar with these types of situations. You can email, text or give me a call me if you have any questions, I would be happy to assist you. Have a great day.

    email- john@verticalbizfunding.com
    office- 201-258-7720 ext-412
    cell- 201-563-9156

Similar Threads

  1. Decision Logic
    By elklakebob in forum Merchant Cash Advance
    Replies: 5
    Last Post: 07-11-2016, 04:14 PM
  2. TD Bank / Decision Logic
    By elklakebob in forum Merchant Cash Advance
    Replies: 1
    Last Post: 05-23-2016, 01:06 PM
  3. High Risk Deals
    By PC Cooper in forum Promotions
    Replies: 0
    Last Post: 03-19-2016, 10:21 AM
  4. Direct Lender who doesn't use decision logic
    By Raoul Cannon in forum Deal Bin
    Replies: 10
    Last Post: 02-11-2016, 11:33 AM
  5. Decision Logic Feedback
    By MaxAdvance in forum Merchant Cash Advance
    Replies: 3
    Last Post: 12-10-2014, 01:36 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY