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Did their Due Diligence

September 18, 2019 3:15 pm Published by Comments Off on Did their Due Diligence

I started with Paul Pitcher the 5th of August. I had an “opportunity” to open a new location and needed to both buy the equipment for it and fund operations. Plus, my “existing” locations were running thin on operating capital. SharpShooter Funding©’s business model where they actually worked to assess my existing locations deposits allowed them to determine that after about 6 years in business I was indeed a viable loan candidate. My credit cards (at 80% and therefore my personal credit score was just avg, 610-620) did not stop them from loaning me cash as I am sure they saw I never missed a single payment in my 9 year credit history. Bottom line was my business had deposits over the prior three months of 16K+ each month. This allowed them to see my business just needed some cash to expand and thrive, but was worth the loan and another chance for me. I really appreciated their careful consideration. Just funding my original locations would have paid off my card balances and allowed me to pay back SharpShooter Funding©’s loan, but the “shot in the arm” of confidence from the SharpShooter Funding© team helping me expand the business in addition was really considerate on their part and highly respected on my part. In a world where an BDC loan should have been a “no brainer” to get, or funding from one of “the big 5 banks” should have been offered instantly to someone with my business “track record” SharpShooter Funding©’s real-time analysis was STELLAR! Forget why the SBA does not “get it” “model” and CALL or EMAIL SHARPSHOOTER FUNDING© IMMEDIATELY! They have TECH BRAINS!!! yeah for that! They’re incredibly civil, frank & friendly.


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