Residual Loans
COMPANY SIZE
- ISO: Minimum monthly residual of $5,000
- ATM: Minimum monthly Surcharge and Interchange Income of $5,000
- Underwriting consideration of renewal commission and other business income
FOCUS
- Acquisition and Growth Capital for ISO’s and ATM IAD’s
- Financing based on Monthly Recurring Revenue
- Over 400 ISO’s funded, more than any other lender in this sector
- Direct Relationships with every major processor
- Senior Management has started multiple ISO’s, bought 50 + Portfolios for over $75M and successfully sold multiple ISO’s and brokered many more
- 7 year history lending to ISO’s
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TERMS & TIMING
- 12, 24, 36 and 48 month amortizing loans
- Working capital financing in 3-5 business days
INVESTMENT SIZE
- $100,000 to $5,000,000 per loan
- Ability to participate in larger transactions through syndication partners
LOAN STRUCTURES
- Senior debt
- Second lien debt
LOAN — — USES
- Use Funding for opening a new location, hiring new sales reps, start a marketing campaign, buy equipment in bulk, upgrade your technology, buy a portfolio, buyout a partner or buyout a subagent’s residual stream.