400k monthly restaurant in CA
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  1. #1

    400k monthly restaurant in CA

    Merchant doing over 400k monthly in CA

    SBA balance and AMEX balance

    merchant looking for 75k.

    What LENDER can fund and pay without broker having a CA license?

  2. #2
    Senior Member Reputation points: 5023
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    Seriously, a soft approval means nothing until the fat lady sings and there are plenty of funding ops that will let you fund through them without the Ca license, just research (even in this forum).

  3. #3
    We can do this at Strategic. PM me.

  4. #4
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    Quote Originally Posted by JCsfscapital View Post
    We can do this at Strategic. PM me.
    You sure about that? SFS wouldn't even look at any deals I sent them until a CFLL was on file

  5. #5
    You need a CFLL to work through our ISO program. If you dont qualify they will not give you one. We can push it through our MRP program that does not require a CFLL. You will not need to file anything to get the approval.

  6. #6
    Quote Originally Posted by nrh1lp View Post
    You sure about that? SFS wouldn't even look at any deals I sent them until a CFLL was on file
    You need a CFLL to work through our ISO program. If you dont qualify they will not give you one. We can push it through our MRP program that does not require a CFLL. You will not need to file anything to get the approval.

  7. #7
    Senior Member Reputation points: 49940
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    Hi,

    Based off what you wrote, 75k+ should not be an issue at all as long as they have daily ending balances that could support a daily payment. Also, you not having a CA broker license is not an issue to us whatsoever. IF you are not already set up with a rep over here at Yellowstone, please feel free to reach out.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  8. #8
    Quote Originally Posted by Fishing View Post
    Merchant doing over 400k monthly in CA

    SBA balance and AMEX balance

    merchant looking for 75k.

    What LENDER can fund and pay without broker having a CA license?
    I can get this done.

    Give me a call

    Phil Tabbi
    Elevation Capital LLC
    516-387-6641

  9. #9
    Senior Member Reputation points: 84417
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    Quote Originally Posted by Fishing View Post
    Merchant doing over 400k monthly in CA

    SBA balance and AMEX balance

    merchant looking for 75k.

    What LENDER can fund and pay without broker having a CA license?
    We fund from future credit card receipts.
    Call me to move forward.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  10. #10
    Senior Member Reputation points: 9546
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    Quote Originally Posted by Fishing View Post
    Merchant doing over 400k monthly in CA

    SBA balance and AMEX balance

    merchant looking for 75k.

    What LENDER can fund and pay without broker having a CA license?
    I can confidently say that from the information here it doesn't seem to be a problem at all.

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