[RDav]

Merchant has only been in business for 2 months but is doing strong numbers.

Who would fund?

Other then Loanme, it's not in one of their states that they fund.

[tgabcmca]

Everest

[MCABroker]

Everest

Ok this guy is a joke. Everest definitely will not fund a business that has been open for 2 month...

[Zach]

If the borrower has real estate and deposits more than $25,000 we can consider it. Also, if they have invoices, we can use those to demonstrate income in many cases.

[mcaguru]

Mantis would fund with 10 weeks (as in 3 months of statements with the understanding that sales started on the 12th of month or etc.)....

[Seekcapital]

Reposting this from another thread, hope it helps.

**Startup Funding**

Seek Capital provides funding to startups and early stage business owners.

- Deep roots in the MCA space, servicing many MCA firms for their startup leads
- Perform soft credit pull with all 3 bureaus (no need for client to jump through hoops to sign up to 3rd credit monitoring)
- Automated underwriting
- Strong internal sales team
- Direct bank relationships for higher approvals
- Real time reporting portal
- Client doesn't just walk away with credit cards, Clients have the ability to transfer funds from their credit card account directly to their checking account while maintaining 0% intro rate
- Dedicated Account Managers for each client
- Truly a superior client experience

For direct contact: partners@seekcapital.com

[tgabcmca]

Ok this guy is a joke. Everest definitely will not fund a business that has been open for 2 month...

No joke here Sir. Do not appreciate your NY bravado. ISO got 30K approval on a company with November and December banks. Company started 10/21/15. I couldn't do it. HVAC startup with strong banks and multiple, five figure deposits. We passed on it due to time in business. I was surprised too. So surprised I called the merchant myself since I thought ISO was full of it ...he got funded. If the banks are clean and deal makes sense, Everest will apparently do it with two months in business.

[RDav]

Tried as you said, with Everest and it was a no go.

[tgabcmca]

Sorry to hear that. My ISO said it was a clean deal, a paper. All I know is the company started 10/19, had nothing really in October and then complete Nov.& Dec. banks. Credit over 750 and avg. dailies on banks 9K with 50K in deposits, no negative days or nsfs. Also merchant provided contracts over the next 90 days totaling over 200K. It may have been an above average file for them to fund it!

What kind of business was yours RDav?