Minimum # of deposits
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  1. #1
    Senior Member Reputation points: 8723 helpinghand's Avatar
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    Minimum # of deposits

    Any lenders out there that will fund against 1-4 major deposits per month?

    $90k per month average.

    No outstanding advances.

    Good owner credit.

  2. #2
    PM'd you
    ​Ron Hizkiyahu
    Business Development & ISO Relations

    VitalCap Fund | 48 Wall St. | New York, NY 10005
    P. 212.994.6996 Ext.101 | F. 646.219.7949
    ron@vitalcapfund.com

  3. #3
    Senior Member Reputation points: 9546
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    Quote Originally Posted by helpinghand View Post
    Any lenders out there that will fund against 1-4 major deposits per month?

    $90k per month average.

    No outstanding advances.

    Good owner credit.
    4 yes, 1 no.

  4. #4
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    You tell me who allows 20 nsf from your first post and I'll tell you who does 1 depisot deals

  5. #5
    Senior Member Reputation points: 30475 Zach's Avatar
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    Minimum # of deposits

    WBL
    Quickbridge
    LoanMe
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
    Quote Originally Posted by helpinghand View Post
    Any lenders out there that will fund against 1-4 major deposits per month?

    $90k per month average.

    No outstanding advances.

    Good owner credit.
    We absolutely can consider this as we only require one monthly deposit. For example, we have funded a lot of day care centers (not sure what industry your customer is in) that have the majority of their monthly revenue (if not all of it) provided in one deposit from a state organization as a subsidy for low income households. We also offer a monthly repayment product for your near-prime customers that keep higher average daily balances and are looking for something other than the standard daily or weekly repayment options. Feel free to reach out to me to discuss this deal and our products further.

    Steven Safirstein
    Vice President of Sales & Head of ISO Relations
    Breakout Capital Finance, LLC
    6849 Old Dominion Drive, Suite 360, McLean, VA 22101
    O: 703 852 6013 steven@breakoutfinance.com

  7. #7
    Member Reputation points: 262 John_FMS's Avatar
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    Quote Originally Posted by Zach View Post
    WBL
    Quickbridge
    LoanMe
    Breakout
    John Yanity
    352 Sonwil Drive | Buffalo, NY 14225
    Direct Funder


    Mobile (716) 710.1289
    Fax (888) 848.0109
    Email (john@fundingmerchantsource.com)
    http://fundingmerchantsource.com/

    A+ Rated with the BBB:
    http://www.bbb.org/losangelessilicon...each-ca-268003

  8. #8
    Senior Member Reputation points: 54977
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    We are the kings @ small # of deposits and small monthly revenues (we fund 2-15K with fewest stips). However we are kings at Large # of NSF's
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  9. #9
    Banned Reputation points: 4530
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    4 deposits monthly

    Quote Originally Posted by helpinghand View Post
    Any lenders out there that will fund against 1-4 major deposits per month?

    $90k per month average.

    No outstanding advances.

    Good owner credit.
    HH, if those checks come from businesses or governments we may be able to help through an ABL using their accounts receivable as the primary asset.
    Bob Shaw
    rshaw@delanceyfunding.com
    734-929-3800

  10. #10
    Senior Member Reputation points: 337126
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    Quote Originally Posted by bdshaw View Post
    HH, if those checks come from businesses or governments we may be able to help through an ABL using their accounts receivable as the primary asset.
    Bob Shaw
    rshaw@delanceyfunding.com
    734-929-3800
    I don't see anyone offering an ABL deal to a company doing 90K/Month.....factoring...maybe.

  11. #11
    LoanMe's minimum # of deposits per month is (1).

    We are a Monthly repayment term loan, therefore we do not look at the following the same way a daily/weekly repayment product does:

    • # of Negative Days
    • # of Deposits
    • Ending Daily Balance
    • # of NSF's


    If you have files that have been declined due to the above we should take a look at it for you.

    We ask for minimal documentation (last 2 months business bank statement, copy of DL and VC).
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  12. #12
    Cooper will fund on 1 deposit a month, but like anything it turns on the quality of the deposits in question-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  13. #13
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
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    Posts
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    Sent PM
    Kevin Dinh

    3131 Eastside Street, Suite 350
    Houston, TX 77098
    P: 713-322-9743
    Email: kdinh@accordbf.com
    Web: https://go.accordbf.com/DF-Partners/

  14. #14
    LoanMe. This is true, but you guys barely work anywhere.

    Which sucks. Good product otherwise.

  15. #15
    Quote Originally Posted by boundbygravity View Post
    LoanMe. This is true, but you guys barely work anywhere.

    Which sucks. Good product otherwise.
    Thank you boundbygravity. We do lend in 31/50 states.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  16. #16
    Quote Originally Posted by LoanMe View Post
    Thank you boundbygravity. We do lend in 31/50 states.
    Expand the personal side. You're a very good company. Very good for helping people get down payments on properties.

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