Dead Files

[ChampionCapital]

Good evening everyone,

My decline/ "dead files" stack is exceptionally large this month. I have packages from merchants who's sales volumes are far from small, but its been the little things that have prevented me from receiving any offers from about 20 different lenders.

Some Examples:

$80k/mo in deposits but 540 credit score & 2 positions... I've stacked 4th even 5th positions before...

$65k/mo with a prior default, however it was paid in full..

$55k-75k/mo consistently for the past 12 months as reflected in the merchants bank statements but a decline in sales over the past 6 weeks because his pregnant wife got very ill. Sales are back on the rise but I still cannot get an approval

$25k-$40k consistently as reflected in the past 6 months of bank statements but the merchant recently switched from a local to a Major Bank on Friday...

I understand what the job of UW is, but I am...

[Synvestment_High_Risk]

Enough wasting your time shopping around 15 different lenders in hopes that SOMEONE will pick up your crappy deal and give you an offer.

At Synvestment, we are a small group of Partners who collectively syndicate and invest our own money in order to help you push that deal over the edge, get approved and funded.

Most recently we funded a:

• Salon for $35,000 with a sub 500 credit score!! The max offer on this deal from ANYBODY ELSE was $6,100

• Horseback Riding Ranch funded for $65,000. Bad credit and criminal background check. Total offers prior to coming to Synvestment added up to $0.00

• An auto repair shop was funded for $22,000 with a $10,000 IRS lien

**Every submission is, as always, a case by case basis, but we have a killer UW staff and one of the highest approval and funding rates in the industry**

[ChampionCapital]

Looking for a high risk lender that can approve and fund a merchant for a 2nd position: I have a horse ranch that Was funded by BizFi 1 year ago- C/C split. He was using a tour booking company named "Zerve" that did his marketing/bookings and also did his credit card processing. They suddenly went out of business and caused the merchant among many many others major issues. His revenue took a dive and no longer having a processor caused issues with BizFi. He worked out a new term to pay off the $65,000 to BizFi at $100/week because his future was uncertain. He has made all payments since the refi with BizFi and revenue has been increasing. He's now on the upswing averaging $30k-$65k/month. I just got him approved for $20,000 at a $26% holdback (uses Wells Fargo for processing now) but by a 1st position lender and we didn't realize until the merchant interview/funding call. So the deal died in final underwriting Any 2nd position lenders want to link up with me an...

[TVTMark]

Hope you all had a great thanksgiving.

We handle A-F paper (Now with our new two branches)

No limit on the amount of positions we'll do if we like the deal.

Can work with FICOs as low as 480.


Monthly deposits as low as $3,000.

Please reach out to me for more information at Mark@tvtcapital.com

or you may call me directly at 718-775-3869

--
Best,

Mark Correa
Senior Financial Adviser

mark@tvtcapital.com
http://www.tvt-capital.com

122 E 42nd St., Suite 2112 New York, NY 10168
Tel: (718) 775-3869
Fax (888) 259-5884

[The Bishop of Brooklyn]

Hey,

I work for Premium Merchant Funding on Wall Street and I'm looking for lenders that are comfortable with (or at least open to the idea of) funding companies in the marijuana sector.

Does anyone have recommendations? Thanks!...

[TikeePittman]

I specialize in helping companies that's been rejected for a loan. We finance companies that are consider high risk. Contact me to day.

[choice1010]

Choice Merchant Solutions is an ecommerce leader for low, medium and high risk businesses. In addition to our domestic and international payment processing solutions we offer a suite of services including product fulfillment, chargeback dispute/representation, affiliate network, customer support call center and our newly launched media funding dept. Please send inquires to Marc Tenore. mtenore@choicemerchantsolutions .com