Results 1 to 8 of 8
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03-01-2023, 08:15 PM #1
- Join Date
- Nov 2021
- Posts
- 58
Business capital providers, inc.
BUSINESS CAPITAL PROVIDERS, INC.
Whether you heard of them or not they’re open for business with minimal restrictions.
The underwriters take the time to listen and figure out a way to make the deal work.
Sure, there are cheaper rates and maybe longer terms but they’re fair.
For a fact BCP approves the highest dollar amount possible.
They’ve now stretched their terms to 200 days, the average deal is done around a 1.43, never higher than a 1.45.
For the most part, all industries will receive an approval, of course, there are restrictions very few industries they won’t touch.
One of their greatest advantages is that they are willing to pay off existing balances.
To them the brokers and isos are just as important as the merchant.
You're not a lead, you're not data, you become part of a team that simply wants to do the right thing.
– call 954-364-7846 to sign up.
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03-02-2023, 12:07 PM #2
- Join Date
- Nov 2021
- Posts
- 58
BCP
is still open to funding Trucking/transportation, construction, law firms, cannabis...and much more.
They pay off up to 2 positions, pay 12% with an average upsell of 1.43-1.45
terms range from 126 days up to 220 days.
When competing they usually win with higher dollar amount.
small shop so you know who you're dealing with.
Stips, easy express deals fund with DL and VC, login and boom wire out!
call 954-364-7846
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03-06-2023, 09:58 AM #3
- Join Date
- Nov 2021
- Posts
- 58
Trucking requirements
2-3 trucks insured and owned by owner/business
monthly gross rev min: 20-30k
we look out for invoice factoring
no cali based merchant
126-160 days
we payoff up to 2 positions
on trucking no weekly just daily but if they clear the first 30 days as a daily, we will consider switching weekly after.
Paying 10% commission
we do fund pr
min fic0 - 600+
stips
dl, vc, vehcile reg., login ==> funding
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03-06-2023, 10:48 AM #4
- Join Date
- Nov 2013
- Posts
- 597
You forgot to mention 2 weeks to get paid on commissions and approvals take days
Other than that your offers are decent but your process sucks.
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03-06-2023, 04:26 PM #5
- Join Date
- Nov 2021
- Posts
- 58
offers now go out in mins, 30-40mins
Appreciate the feedback, we're open for suggestions.
Commissions are paid within a week - we can complain all we want about the past and their old ways of processing, but they hired new processors and underwriters, there's a more efficient process in play.
Try them.
what I like about them is that even with the market's current condition, they're at least not restricting their guidelines all too much like others - some funders completely stopped doing certain industries.....so there's that.
They're aggressive with dollar amount and now that they go out longer on term deal flow has gone up.
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03-13-2023, 12:36 PM #6
- Join Date
- Nov 2021
- Posts
- 58
I like working with a funder that is:
Quick - approved in less than 1 hr.
Stips - 80% of files fund with DL and VC
Terms: 126-220 days!
commissions: 10-12%
Buys out positions
Still Funding - Transporation, Trucking, Logistics, Construction, Contractors
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03-15-2023, 08:09 PM #7
- Join Date
- Nov 2021
- Posts
- 58
Recently onboarded a few isos - guess where they heard of BCP... Dailyfunder
I can't express how thankful I am for platforms like this and for likeminded people who are willing to trust and take a chance on my word.
We funded and paid commissions successfully!
solid opportunity here, if we all do the right thing, there's no limit to our potential.
1.43-1.45 paying 10-12%
126-220 day terms
minimal stips 75-80% of our deals fund with DL and VC
soft credit pulls available
Buy out options available
Funding transportation, construction, cannabis, retail, restaurants, hvac, property management..... call for more details 954-364-7846
commissions are released in 3 days - 1 week call to get yours expedited.
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03-20-2023, 12:17 PM #8
- Join Date
- Nov 2021
- Posts
- 58
Half the deals these big funders claim to have "funded" are made up deals. I see them post constantly, restaurant funded, contractor funded, transportation funded, yeah right!
Why do I say this?
WELL - within my network the feedback is as follows; I send my client directly to funders that would and should be able to get the deal done, but guess what? The client is getting declined and what's worse, the merchant is now receiving 100 calls for an app and bank statements.
Given the fact I've been in the mca space for many years, with my #experience it helps me understand and properly place a merchant, as well as providing a direct approval, precise and profitable without overleveraging the accounts.
AS a funder/lender don't say you can fund a deal over the phone when you know damn well you cannot - stop collecting data #data
Your posts are cute, but not real.
sign up with Business capital providers, inc.
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