North Dakota Deal 30k
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  1. #1

    North Dakota Deal 30k

    Merchant in the electrical industry
    8/16 47k
    9/16 38k
    10/16 36k
    11/16 28k
    12/16 46k
    1/17 74k

    1-4 NSFs
    Average daily over 3,000

    North Dakota (reason why i'm getting declines)
    looking for under a 1.30 due to since the merchant borrowed for that amount in the past


    What lender can do this?

  2. #2
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
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    4,713

    I love North Dakota (Fargo my fav movie) with that said i am no lender but would love the shot at funding your client!
    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

  3. #3
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
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    Quote Originally Posted by Fishing View Post
    Merchant in the electrical industry
    8/16 47k
    9/16 38k
    10/16 36k
    11/16 28k
    12/16 46k
    1/17 74k

    1-4 NSFs
    Average daily over 3,000

    North Dakota (reason why i'm getting declines)
    looking for under a 1.30 due to since the merchant borrowed for that amount in the past


    What lender can do this?
    The same lender that he borrowed from previously?

    If he has credit card sales, we can fund in ND with a Lock Box.
    No UCC
    No COJ
    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

  4. #4
    Senior Member Reputation points: 6278
    Join Date
    Mar 2016
    Posts
    186

    Quote Originally Posted by Yankeeman07 View Post
    we can fund in ND with a Lock Box.
    No UCC
    No COJ
    Are you a funder or a broker?

  5. #5
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
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    Quote Originally Posted by mikem View Post
    Are you a funder or a broker?
    Does it make a difference ? We represent a Direct Funder - meaning their name is on the check.

    1st Position only - we will pay off other positions .
    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

  6. #6
    Senior Member Reputation points: 8424
    Join Date
    Aug 2014
    Posts
    194

    Quote Originally Posted by Yankeeman07 View Post
    Does it make a difference ? We represent a Direct Funder - meaning their name is on the check.

    1st Position only - we will pay off other positions .
    (Broke)r

  7. #7
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Factoring dude. Google it

  8. #8

  9. #9
    We can do this at Strategic. Email me: Jcostigan@sfscapital.com
    - What does the credit look like?
    - What are they looking for on the term?

  10. #10
    Senior Member Reputation points: 9546
    Join Date
    Jun 2016
    Posts
    416

    Quote Originally Posted by Fishing View Post
    Merchant in the electrical industry
    8/16 47k
    9/16 38k
    10/16 36k
    11/16 28k
    12/16 46k
    1/17 74k

    1-4 NSFs
    Average daily over 3,000

    North Dakota (reason why i'm getting declines)
    looking for under a 1.30 due to since the merchant borrowed for that amount in the past


    What lender can do this?
    Can do 1.35 rate

  11. #11
    Hi My name is Kevin McKenna and I'm a Relationship Manager here at Credibly. Give me a call @ 248-633-1238 to discuss the possibility of partnering with us.

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