Seeking 1st position, 10 negative avg days 500 Fico Restaurant $80K monthly deposit
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  1. #1

    Seeking 1st position, 10 negative avg days 500 Fico Restaurant $80K monthly deposit

    I have a restaurant averaging about $80k in monthly deposits and $45k of that is credit card processing seeking 1st position or possible a second. Has been in business for over 5 years. Merchant has an MCA currently with a balance of $39K. They have around 10 negative days on average per month. Fico score is right around 500. Anyone willing to take a closer look at the deal?

    Thanks in advance!
    Last edited by Maverick merchant; 01-15-2017 at 03:23 PM.

  2. #2
    Senior Member Reputation points: 64
    Join Date
    Jul 2014
    Posts
    196

    Seeking 1st position, 10 negative avg days 500 Fico Restaurant $80K monthly deposit

    Is the first off the credit cards or banks ?

    Mike@samsonfunding.com
    347-492-1801

  3. #3
    Quote Originally Posted by MikeC524 View Post
    Is the first off the credit cards or banks ?

    Mike@samsonfunding.com
    347-492-1801
    The first is of credit cards.

    Thanks for responding!

  4. #4
    Senior Member Reputation points: 12878
    Join Date
    Jan 2016
    Posts
    435

    If your merchant already has a split I can't see this happening. Pray they have RE and pick a WBL branch.

  5. #5
    Lucrative Solution can get this done would love to earn your business, if you can please give me a call to discuss.

    Joey Ganduzzo
    VP of ISO Relations
    (917)-434-7663
    Submissions@slsadvances.com

  6. #6
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    Joey, I'd like to see how this pans out. I've had a few situations like this.

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