Low number of deposits / good banking
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. 12-22-2016, 02:44 PM #1
    AMERICApital1
    AMERICApital1 is offline
    Senior Member Reputation points: 2782
    Join Date
    Apr 2014
    Location
    New York
    Posts
    271

    Low number of deposits / good banking

    Anybody that is similar to Quickbridge in allowing sometimes less than 4 deposits per month?
    Reply With Quote Reply With Quote
  2. 12-22-2016, 02:45 PM #2
    AMERICApital1
    AMERICApital1 is offline
    Senior Member Reputation points: 2782
    Join Date
    Apr 2014
    Location
    New York
    Posts
    271

    we are looking to syndicate partially on 40k
    Reply With Quote Reply With Quote
  3. 12-22-2016, 03:21 PM #3
    GMFunding
    GMFunding is offline
    Senior Member Reputation points: 1422
    Join Date
    Dec 2013
    Location
    Connecticut
    Posts
    332

    Not sure about pricing compared to QB but ForwardFinancing,Fundworks, Accord are three that come to mind.
    Reply With Quote Reply With Quote
  4. 12-22-2016, 04:19 PM #4
    AMERICApital1
    AMERICApital1 is offline
    Senior Member Reputation points: 2782
    Join Date
    Apr 2014
    Location
    New York
    Posts
    271

    Yeah looking for better pricing that is comparative to QB, ...this is more A paper, 700+ credit....just has few deposits.
    Reply With Quote Reply With Quote
  5. 01-24-2017, 08:19 PM #5
    AMERICApital1
    AMERICApital1 is offline
    Senior Member Reputation points: 2782
    Join Date
    Apr 2014
    Location
    New York
    Posts
    271

    BUMP keep running into this situation....
    Reply With Quote Reply With Quote
  6. 01-24-2017, 10:27 PM #6
    Zach
    Zach is online now
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    WBL is a good option for these types of borrowers, especially if they need a larger loan size than other lenders could provide.
    Reply With Quote Reply With Quote
  7. 01-25-2017, 03:52 PM #7
    Fund_It
    Fund_It is offline
    Member Reputation points: 2671
    Join Date
    Mar 2015
    Posts
    90

    Quote Originally Posted by AMERICApital1 View Post
    Yeah looking for better pricing that is comparative to QB, ...this is more A paper, 700+ credit....just has few deposits.
    Everlasting Capital did a deal like this for me back in December
    Reply With Quote Reply With Quote
  8. 01-25-2017, 05:17 PM #8
    KM_Superior
    KM_Superior is offline
    Sponsor Reputation points: 68 KM_Superior's Avatar
    Join Date
    Feb 2015
    Posts
    193

    Superior only requires 3 deposits/month. We have offered monthly payment options to some of these companies that are paid by the state on a monthly basis like daycares.
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/
    Reply With Quote Reply With Quote
  9. 01-25-2017, 05:28 PM #9
    soscap
    soscap is offline
    Senior Member Reputation points: 2496
    Join Date
    Nov 2014
    Location
    NYC
    Posts
    187

    Quote Originally Posted by AMERICApital1 View Post
    Anybody that is similar to Quickbridge in allowing sometimes less than 4 deposits per month?
    Depending on the daily balances, NSF's, and industry we can make it work.
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com
    Reply With Quote Reply With Quote
  10. 01-26-2017, 06:01 PM #10
    AMERICApital1
    AMERICApital1 is offline
    Senior Member Reputation points: 2782
    Join Date
    Apr 2014
    Location
    New York
    Posts
    271

    David SOS has the file already. Thanks!
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. What lenders are out there that don't care about the number of monthly deposits?
    By Kevinthecloser in forum Deal Bin
    Replies: 7
    Last Post: 01-10-2016, 07:39 AM
  2. Does anyone have a direct number and a good rep at Yellowstone?
    By Increment1 in forum Deal Bin
    Replies: 13
    Last Post: 09-24-2015, 09:14 AM
  3. IT business with high avg daily balance but low number of monthly deposits
    By upperlinecap in forum Business Loans
    Replies: 10
    Last Post: 09-16-2015, 02:43 PM
  4. Client with MULTIPLE negative banking days but good credit card sales
    By randyw in forum Deal Bin
    Replies: 6
    Last Post: 09-08-2015, 06:40 PM
  5. low number of deposits.
    By AMERICApital1 in forum Deal Bin
    Replies: 5
    Last Post: 08-19-2015, 09:51 AM


Posting Permissions

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

Forum Rules



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

DIRECTORY