Very surprised i cant find a home for this beauty
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  1. #1
    Senior Member Reputation points: 3047
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    Very surprised i cant find a home for this beauty

    bb
    Last edited by ABC2016; 06-20-2017 at 02:07 AM.

  2. #2
    Senior Member Reputation points: 226388
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    Firstly, get his credit fixed. Give me an email, I have a resource.

    Similarly, contact me about about a secured LOC.

  3. #3

    Very surprised i cant find a home for this beauty

    James Graydon at UCS can get it done 646-448-1736

  4. #4
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    Pm sent.

  5. #5
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Very surprised i cant find a home for this beauty

    Give ysc a shot
    800-975-4722

  6. #6
    Senior Member Reputation points: 503040
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    Quote Originally Posted by isaacdstern View Post
    Give ysc a shot
    800-975-4722
    He's looking to refinance a 6 month Quarterspot facility with a 12 month deal. YSC does that now?

  7. #7
    Senior Member Reputation points: 84403
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    Quote Originally Posted by ABC2016 View Post
    Custom wood
    merchant does 150k+ a month
    6 years in business
    585 vantage score
    owes quarterspot 90k
    need to find him a new home that will spread out his remaining balance over the course of at least 1 year instead of the 6 months he has left
    deal was sent to all the top guys all declined
    perfect payment history with quarterspot
    no negative days

    ideally would need someone to approve him without them having him net 50%

    lets see who knows there stuff
    if someone does have a bank that can get this done i will pay them $500
    Why would you think a bank would even consider a deal like this? 585 credit score?
    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

  8. #8
    Senior Member Reputation points: 107104
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    your screwed because you not only need 12 months you will need to beat qs on the renewal and they can go 18 months. Stack him

  9. #9
    Karen37a
    Guest
    Why wont QS help you?

    There are a few details and things you are making an error on and things that need clarification to find the best home.

    I have 3 possible solutions if you want them pm me. and $ 500 isnt enough so dont pm if you do not want to go higher based on the % dollar amount

  10. #10
    Senior Member Reputation points: 3047
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    not interested in repairing his credit. if i cant find anything then ill just wait till the balance is lower. quarterspot says its out of their credit model now.
    not interested in yellowstone and a 70 day deal. not looking for additional funds. never heard of ucs what is their net requirement?

  11. #11
    ABC 2016,

    Would love to discuss the file.

    Feel free to reach out.

    Best,
    Anthony DeLeonardo
    Vice President | Regional Wholesale Manager

    World Business Lenders
    101 Hudson Street, 33rd Floor
    Jersey City, NJ 07302

    Direct: (646)880-8035
    Fax: (551)267-6714
    Email: adeleonardo@wbl.com

    www.wbl.com

  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by ABC2016 View Post
    Custom wood
    merchant does 150k+ a month
    6 years in business
    585 vantage score
    owes quarterspot 90k
    need to find him a new home that will spread out his remaining balance over the course of at least 1 year instead of the 6 months he has left
    deal was sent to all the top guys all declined
    perfect payment history with quarterspot
    no negative days

    ideally would need someone to approve him without them having him net 50%

    lets see who knows there stuff
    if someone does have a bank that can get this done i will pay them $500
    1) FICO under 600, that's why you aren't seeing 12 month offers
    2) Custom business, very risky and lots of chargebacks

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