Quote Originally Posted by Michael I View Post
Ok so if someone was doing 100k a month steadily and did zero for last 2 months. What will mtd need to show and and what will the approval be like?
Also losing track of everyone business names,who owns byzfunder?
Hi Michael. I cannot give an accurate answer as there are too many factors involved. For example what business type is it, how many years in business, merchants credit score, what position loan are they seeking, when they did the 100k per month did they have a lot of NSFs, were the average daily balances 15k or $1000? I have no idea on the contributing factors. Also, if they did 100k per month and dropped to zero for 2 months, since may is almost over, maybe we would like to see 30k in a MTD so we can see that for the month they reopened they have at least claimed 30% of there business back. If you want to call me to discuss the deal, feel free. If I know the deal is not in our wheelhouse, I will tell you directly over the phone as I have no interest in collecting paper we cannot fund. My cell is 845-494-4898.

As for who owns ByzFunder. The owner is Ilya Fridman.