Credit Card Split / Lockbox

[fcfinancial]

Quick Overview - Credit Card Split / Lockbox



No UCC
No COJ
No Personal Guarantee
NO Stacking ( Will Pay Off Existing Positions – Want to net 50%)
Minimum 3 Months Complete Bank Statements ( Not Screenshots)
Minimum 3 Months Credit Card Statements ( Not Screenshots)
Minimum Funding $5K
Maximum Funding $250K – Depending on strength of business
Funding Term – 3 to 12 months ( Most range 6 months)
Daily Flexible Holdbacks ( 10% to 20% Range)
FICO is not a major factor – prefer the higher FICO over the low 450 FICO

Typical STIPS:
Copy of Lease
Color Scanned Copy of Drivers License / Government ID
Copy of Voided Business Check
EIN Verification ( if Available)
Business Formation ( Corp / LLC) Many times I can acquire them from Secretary of State Web Sites

Call 727-233-1111 - Dave