Our Lenient Guidelines
- 500 credit score is ok and often even below 500!
- Merchant just needs to be 3 months in business and have 3 months of bank statements.
- Merchant only needs a minimum of 10k gross revenue per month for each of the last 3 months.
- Dismissed Bankruptcies are OK, even 1 day after it was dismissed!
- IRS liens are ok as long as there is a payment plan already in place that is being paid.
- We usually need an about 4 deposits per month.
- We will take 1st, 2nd, 3rd, 4th, 5th and even 6th position as long as the revenue numbers work out.
- No Brick & Mortar proof or rental checks or valid leases needed!
- We will consider almost all industries. Trucking needs 35k revenue over last 3 months. Currently we aren't doing construction.
- We can fund in all the 48 continental states in the US.
- We advance from $5,000 - $500,000. We do not fund deals below 5,000.
- We always offer prepayment discounts to your merchants, starting at 15% down to 10%! Many merchants will love this potential discount!
- Besides the bank statements, all we need is a voided company check, and photo ID! That’s it!
The following issues will usually cause a file to be declined. If there are:
- Open Bankruptcies
- Any month with below 10k revenue
- Significant amount of money owed on open judgments
- Any past default on a Merchant Cash Advance company
- No credit score at all
- If there are a very large number of NSF’s and/or overdrafts in one month
- If there are too many negative daily balances in a month (6 days or more) or too many days with a combination of negative balances and/or very low daily balances
- We do not fund Non-for profit companies.
- We only fund US companies, we don’t advance to Canada or any other country.
Nevertheless, if you are personally acquainted with a file and could explain why certain things happened, and how things are now better, then please send it in and we can discuss it. When in doubt, send it in!
- We give double digit commissions on ALL newly funded deals.
- We will protect your interests. Tell us who works for you and we will not allow them to send us deals directly.
- Commission is paid the day after funding!
- On "refi's" you are paid on the full renewal amount!