Results 1 to 7 of 7
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11-25-2016, 03:16 PM #1
- Join Date
- Oct 2012
- Posts
- 142
Tough Deal
Does anyone know of a lender that will loan an ISO on monthly processing volume? The catch is that the individual does not want the repayment method by redirecting the monthly processing residuals, but by monthly ACH. Processing volume is about $11K/month, looking for $30K.
Thanks for your help everybody.
Howie Dane
Funding Sources for Business
(847) 831-4118
president@fundingsourcesforbusiness.com
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11-26-2016, 02:50 AM #2
- Join Date
- Apr 2014
- Posts
- 781
No
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11-27-2016, 09:26 AM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
tough one
Merchant would have to collateralize something even then getting more than 13% of his annual deposits will be hard.
No one is doing monthly for 30k unless approved by Liftforward or wbl....
Try an sba loan
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11-27-2016, 12:59 PM #4
- Join Date
- Feb 2015
- Posts
- 17
Tough Deal
If the borrower is seeking a loan against cc residuals, we have few options that would not require a redirect of residuals. e: sam@lendersbox.com
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11-27-2016, 01:17 PM #5
- Join Date
- Oct 2014
- Posts
- 257
Tough Deal
Go to supergfunding
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11-28-2016, 10:36 AM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Not sure about this specific deal. HOWEVER REGARDING CREDIT SCORES We have been slowly over looking more and more the credit scores and rely on revenues and daily balances --- if those are OK almost always an offer will be made.
Offer are made in a few HOURS with fewest stips! we love getting back your contracts and funding your clients in the speediest fashion! !!!!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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11-29-2016, 12:47 AM #7
- Join Date
- Oct 2016
- Location
- New York
- Posts
- 36
do ur self a favor get on the phone and get a new deal... why u guys love trying to help dead deals...
i got over 100 apps of guys who do over 100k a month who can't get even 1k from crest hill. if anyones interested $5k or a bridge in brooklyn.
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