Auto-Decline Criteria

An application is reviewed against auto-decline criteria during the pre-qualification stage.

This process happens in the DR.

Step-by-step guide: Auto-Decline Process/Criteria

• Review opportunity in Salesforce:

• Auto-decline if there is a match that was previously declined in the past 30
days
• As of 3/13/18 - if a submission was previously declined under old
auto-decline criteria but now passes the new criteria please process
• Auto-decline if it is a prohibited business type
• Adult Entertainment
• Auction
• Bail Bonds
• Check Cashing & Money Wiring
• Debt Collection & Credit Repair
• Drug Paraphernalia
• Investment Firms / Lending
• Firearms, Guns, & Ammunition
• Lottery & Gaming
• Multi-level Marketing
• Non-Profit & Religious
• Pawn Shops
• Publicly Traded Companies
• Travel Agency
• Mortgage Brokers, Loan Service, Financial Service

• Review most recent 3 months of bank statements

• Auto-decline if avg. true deposit volume is less than $5k per month
• Only auto-decline for negative days and gross % if there are an average of 5+
per month AND gross over 40%+

• Review DataMerch search

 • From Salesforce, open the Originations App link under the "Links" section
• Auto-decline if the DataMerch search says "YES" under the Application
Snapshot at the top (do NOT decline if reason says “stacking”)

• Review Experian Report for Owner(s)

• From Salesforce, open the Originations App link under the "Links" section.
Under "Owner Overview", select to pull the credit.
• Auto-decline if the FICO is less than 500
• Auto-decline if the owner is 2+ months late on more than 1 trade lines
(exclude student loans and medical)
• Auto-decline if the owner is more than 2+ months late on mortgage
• Chapter 13 bankruptcy dismissed in last 12 months

• Review LexisNexis Report for Owner(s)

• From Salesforce, open the Originations App link under the "Links" section.
Under "Owner Overview", select to pull the LN report.
• Auto-decline if there is a dismissed chapter 13 BK in the past 12
months
• Auto-decline if there are any Violent Criminal Offenses or Financial
Criminal Offenses in the past 10 years (see table below for keywords)
• Auto-decline if there are multiple offenses containing keywords (see
table below)
 Financial Criminal Offense Keywords: Violent Criminal Offense Keywords:
• Theft • Assault
• Forgery (Uttering) • Domestic abuse
• Fraud • Deadly
• Bad check/bogus check • Cocaine
• Stealing • Child abuse
• Larceny • Kidnapping
• Stolen • Rape
• Robbery • Criminal
• Terrorist
• Violent
• Aggravated misdemeanor
• Department of correction
(Decline driver: Presence of criminal filings - (Decline driver: Presence of criminal filings -
History of financial offenses) History of violent offenses)

Ejemplos de Data Merch

Para que tengan una idea de lo de data merch... todos los datos que aparecen ahi viene de una
base de datos que tienen las companias de cash advance en conjunto con FF para prevenir
fraude y sacar a los clientes malos... es como un datacredito que tienen ellos

asi que siempre tienen que refererise a los datos que estan ahi en terminos de que fue a otra
financiera en la descripcion del driver
Fraud - Fraudulent bank statements were submitted in the past *to other funders*

Default History - History of stopped payment *with prior advances*

Default History - Merchant defaulted *to a previous advance*

Este - Merchant defaulted on previous funder

Fraud - Merchant Submitted doctored statements *to other funder*

como ven muchas de las companñias ponen descripciones vagas de los data merch

pero sin importar lo que digan o si no dicen nada

ninguna se va a procesar

Entonces si esta vacio o no dan muchos detalles

Default History - Documented default

Default History - History of stopped payment *with prior advances*

statements modificados:

Fraud - Merchant Submitted doctored statements *to other lenders*

Default History

Other Altered Statements

Fraud - Merchant doctored statements for other financing requests
https://secure.forwardfinancing.com/admin/data_merch_documents/155212

Default Account American General Finance

Default history - Documented default (American General Finance)
https://secure.forwardfinancing.com/admin/data_merch_documents/155207

Default Account Judgments from Cap Call, DLG Advance, Richmond, and Ace
Funding. Still shopping; Default Account Defaulted right away
Default history - Judgements filed by Cap Call, DLG Advance, Richmond, and Ace Funding
https://secure.forwardfinancing.com/admin/data_merch_documents/155063

Default Account Previous judgment from Pearl for $206,619.66 was resolved 2/4/2016.
Merchant then got another judgment filed against them from Knight Capital on 9/28/16
for $190,302
Default history - Judgement filed by Knight Capital on 9/16
https://secure.forwardfinancing.com/processing/applications/507956

Default Account Defaulted on Empire 2017-02-23 14:48:35 UTC

Default history - Documented default
https://secure.forwardfinancing.com/admin/data_merch_documents/154346

Default Account ACCOUNT IN COLLECTIONS 2016-09-27 13:08:52 UTC

Default history - Documented default
https://secure.forwardfinancing.com/admin/data_merch_documents/154293

Fraudulent Suspected fraudulent activity on bank statements

Fraud - Merchant submitted fraudulent bank statements
https://secure.forwardfinancing.com/admin/data_merch_documents/154014

Default Account $64,305.00 YELLOWSTONE CAPITAL LLC

Default history - Merchant defaulted to a previous advance (Yellowstone Capital)
https://secure.forwardfinancing.com/admin/data_merch_documents/153853

Default Account Credit report indicated on 10/2015 that merchant was collection
account with OnDeck Capital. Also on payment reprieve with Max Advance
Default history - Merchant defaulted to a previous advance (OnDeck Capital)
https://secure.forwardfinancing.com/admin/data_merch_documents/151965

Fraudulent Received fraudulent bank statements 2016-11-21 19:38:50 UTC

Fraudulent-Fraud
https://secure.forwardfinancing.com/admin/data_merch_documents/151156
Fraudulent Received statements
Fraud - Fraudulent bank statements were submitted in the past
https://secure.forwardfinancing.com/admin/data_merch_documents/156776

Default Account - Date Filed 09/14/2016 Judgment Type Abstract of Judgment Plaintiff
YELLOWSTONE CAPITAL LLC Defendant Information GILMORE JR LLC
History of stopped payment with Yellowstone Capital
https://secure.forwardfinancing.com/admin/data_merch_documents/162961

Fraudulent Merchant stopped payment on daily ACH debit 2016-10-28 21:53:24 UTC
Default History - Merchant stopped payment on daily ACH debit
https://secure.forwardfinancing.com/admin/data_merch_documents/161353

https://secure.forwardfinancing.com/admin/data_merch_documents/175352
Default history - Corporate turnaround negotiates a default for the merchant

Notas
Si dice stop payments:
Default History - History of stopped payment *with prior advances*
statements modificados:
Fraud - Merchant Submitted doctored statements *to other lenders*
Entonces si esta vacio o no dan muchos detalles
Default History - Documented default

Para que tengan una idea de lo de data merch... todos los datos que aparecen ahi viene de una
base de datos que tienen las companias de cash advance en conjunto con FF para prevenir
fraude y sacar a los clientes malos... es como un datacredito que tienen ellos
asi que siempre tienen que refererise a los datos que estan ahi en terminos de que fue a otra
financiera en la descripcion del driver

Fraud - Fraudulent bank statements were submitted in the past *to other lenders*
Default History - History of stopped payment *with prior advances*

Default History - Merchant defaulted *to a previous advance*

Fraud - Merchant Submitted doctored statements *to other lenders*

Default Account DEFAULT ON RFS - JUDGEMENT ENTERED 1-24-2017

Default History - Documented default
https://secure.forwardfinancing.com/admin/data_merch_documents/184117
Slow Pay Merchant owes Bizfi (MCC) 160k. His normal repayments were $1,877.70
daily per the Dec 2016 bank statement. It then got adjusted to $500 weekly in Jan/Feb
2017. March had one $500 repayment and then a wire for 16k.
https://secure.forwardfinancing.com/admin/data_merch_documents/207441
Default History: Bounced several payments to previous lenders

Default Account UCC FILED JULY 2015, DIFFICULT MERCHANT, threatened

to sell his deal to collection company JUNE 2016
https://secure.forwardfinancing.com/admin/data_merch_documents/207993
Default History: June 2016

Default Account MERCHANT CLOSED BANK ACCOUNT

https://secure.forwardfinancing.com/admin/data_merch_documents/237786
Default history - History of stopped payments with other lenders

Default Account Slow paying

account.https://secure.forwardfinancing.com/processing/applications/8425253630
Default history - Merchant is a slow pay and/or default account

Default Account Made a few payments before NSF on remaining due. No

cooperation with collections
https://secure.forwardfinancing.com/admin/data_merch_documents/249135
Default History - Merchant defaulted to a previous advance

Default Account Default on IOU

https://secure.forwardfinancing.com/admin/data_merch_documents/251108
• Default history - History of stopped payment with IOU

Stacking History Merchant stacked us.

https://secure.forwardfinancing.com/admin/data_merch_documents/267113
Default history - Merchant stacked with Merchant Capital Access
 Los judgments se toman en cuentan los open and
cloused
Waiting on ISO
Signed Application and bank statements of the 3 most recent months
Bank statement of January 2019 for account ending 7238
3 most recent months of bank statements
No active trade lines
credit frozen unable to issue decision without credit pull

Tax id number
Foreign
2 months past due on mortgage
***Pre-qual note: Unable to pull Busines LN***
Payment issues with us in the past
Low Forward Score - Not Eligible

Multiple months past due on several trade lines

Average deposit volume under $5k in the period of review
Average under $10k in deposit volume in the period review
Transportation
Driver - Poor Business
Notes - Auto sales, Less than $100k/month revenue in period reviewed
Less than year in business
Inability to extend a minimum offer - Personal bank statements

1 truck on DOT

if less than $10k decline for low volume under $10k; if less than $15k but more than $10k so
1. Credit or criminal 2. Less than year in business. 3. Not active on DOT; 4. 1 truck on DOT
https://safer.fmcsa.dot.gov/Companysnapshot.aspx
No vamos a especificar en la nota el Avg 15k, solo notificaremos las otras razones, en caso
de no enteder acercarse a mi y le explicare con mas detalles.... Gracias!!!
Poor business Risk score: Carrier status not authorized with the DOT
Petition Filed = Siempre decline
Dissmissed= Se declina si esta dentro del año
Dischargeed= SIEMPRE PROCESS

Payment issues with us in the past

si tienes dos owners el de 90 tiene el fico bien y el de 10 en 9002-9003 se

procesa

pero si es 50-50 se declina

Desde ahora se declinaran los Auto Sales si tiene las siguientes razones de decline:
- Un Avg de depositos por debajo de $100K entre los 3 meses (*Depositos limpios*)

Driver - Poor Business

Notes - Auto sales, Less than $100k/month revenue in period reviewed

*Nota:* Los RV and Trailer sales no van dentro de esta regla, esos se trabajan normal, se
procesan
*Ejemplos:
https://www.alstrailers.com/
https://www.rvroadway.com/
 Bank
Bank of the West Omaha, NE 68103-2830
Citizens Deposit Bank Vanceburg KY 41179
Fremont Bank Fremont, CA 94537-7355
First National Bank of Omaha Omaha, NE 68197-3095
Old National Bank Evansville, IN 47705
Wintrust Bank-Chicago Chicago, IL 60604
Bank of the Sierra Porterville CA 93258
Nevada State Bank Las Vegas, NV 89125
Community Bank Andalusia 36420
WSFS Bank Wilmington DE 19801
Umpqua Bank Spokane, WA 99219,
Rock Canyon Bank Orem, UT 84057
Bank of Denver Denver, CO 80217

Premier Community Bank Marion, WI 54950

Bank of Stockton Jackson, CA 95642
Comerica Bank Dallas, TX 75265-0282
Bank of America, N.A. Wilmington, DE 19850
Berkshire Bank Pittsfield, MA 01202-1308

Franklin Savings Bank Farmington ME 04938-0825

Santander Bank East Providence, RI 02915

Grow Financial Federal Credit Union Tampa, FL 33689
Allegiance Bank Houston, TX 77058
First State Bank Overland Park, KS 66210

First State Bank Middlesboro, KY 40965

Rabobank, N.A Santa Maria, CA 93456
Arvest Lowell AR 72745
Heritage Bank Walton. KY 41094
Granite State Credit Union Manchester NH 03108
 First Interstate Bank Miles City, MT 59301-1237
JPMorgan Chase Bank, N.A. Columbus, OH 43218 - 2051
Beneficial Bank
Adams Bank & Trust Ogallala, NE 69153
Florida Community Bank Bonita Springs, FL 34134
Busey Bank Champaign, IL 61820
Commerce Bank Columbia MO 65205-1677
United Bank Charleston, WV 25322-0393
PNC Bank Pittsburgh, PA 15230-9738
Amegy Bank of Texas Houston, TX 77024
SunTrust Bank Nashville, TN 37230-5183
Security Service Federal Credit Union
Capital One Bank Preston Rd. Plano, TX 75024
BAC Florida Bank Coral Gables, FL 33134
First Keystone Community Bank Berwick, PA 18603-0289
Federal Credit Union Glen Burnie, MD 21060-2069
BBVA Compass Birmingham, AL 35296
Security Service Federal Credit Union San Antonio, TX 78269
Woodforest National Bank The Woodlands, TX 77387-7889
First Tennessee Memphis, TN 38101
Citibank CBO Services - Sioux Falls, SD 57117-6201
Opportunity Bank Helena, MT 59604
TCF National Bank Centennial, CO 80112
TCF National Bank Plymouth MN 55441
Citizens Bank Providence RI 02940
Commerce Bank Clayton, MO 63105
Wells Fargo Bank, N.A - Portland, OR 97228-6995
TD Bank - Lewiston, Maine 04243-1377
MidFirst Bank Oklahoma City, OK 73147
U.S. Bank - Oshkosh, WI 54903-3528.
Bank of America, N.A. Wilmington, DE 19850
Fidelity Bank - Atlanta, GA 30348-5075
Bellwether - Manchester, NH 03104
National Bank of Arizona - Salt Lake City, UT 84125
 Suncoast Tampa, FL 33680
First Hawaiian Bank Honolulu, HI 96813
International Bank of Commerce Brownsville, TX 78526
Central State Bank Calera AL 35040
NBT Bank Customer - Norwich, NY 13815
Republic Bank & Trust Norman, OK 73069
NobleBank & Trust - Piedmont, AL 36272
Firstbank- Lakewood CO 80215-0097
BMO Harris Bank Arlington Heights IL 60006
River Bank & Trust Millbrook, AL 36054
The Huntington National Bank Columbus OH 43216-1558
Metairie Bank Metairie, LA 70004
Union Bank & Trust Richmond, VA 23219

First National Bank Alaska-

Bank of Feather River - Yuba City, CA 95993
Bank of The West BNP Paribas Omaha NE 68103-2830
Vision Bank-Fargon ND 58103
Fifth Third Bank Cincinnati OH 45263-0900
23 N Oaks Plz Ste 232
Machias Saving Bank Machias ME 04654-0318
Navy Federal Credit Union-Merrifield, VA 22119-3000
Woodsville Guaranty Savings Bank – Woodsville, NH 03785
Sanger Bank - Sanger, TX76266-1029
Regions Bank Valrico, FL 33594
Capital Bank Memphis TN 38101
Wells Fargo Bank, N.A. Portland, OR 97228-6995
The National Union Bank of Kinderhook Kinderhook NY 12106
Enterprise Bank & Trust - St. Louis, MO 63132
People's United Bank Vassalboro, ME 04989
Fifth Thrid Bank-Cincinnati Oh 45263-0900
Iberia Bank -Little Rock, AR 72217
Zions Bank – Salt Lake City, UT 74130

Bangor Savings Bank-Augusta ME 04330

 Frost Odessa, TX 79760
Sharefax Credit Union- Batavia, Ohio 45103-1501
BB&T Wilson, NC 27894

BMO Harris Bank N.A.- Palatine, IL 60094-4033

Rochester NY 14692 - M&T Bank

First Country Bank – Stamford, CT 06904

Signature Bank – New York, NY 10017
US Bank-Saint Paul, MN 55101

California Bank & Trust - Lawndale, CA 90260-0489

First National Bank- Hermitage, PA 16148

Mountain America Credit Union West Jordan, UT 84084
Truliant Federal Credit Union- Winston-Salem, NC 27114-6000
Shelby State Bank- Shelby, MI 49455
First Citizen Bank Raleigh, NC 27611-7131

Peoples State Bank

Union Bank Los Angeles CA 90051-0380
Bank of Hope – Gardena, CA 90247

Our Community Bank-Spencer, IN 47460

Interbank Midlothian, TX 76065

Citizen Bank Providence, RI 02940

First Bank Troy, NC 27371

Financieras
Swift Financial
Yellowstone Capital
Torro Holdings
Quickbridge Fund
Reliant Funding
1st Global Capital
Vernon Capital
On Deck Capital
Funding Metrics
Lendini
BFS Capital
Green Capital
For a Financial
Expansion Capital
First US Funding
Daka Capital
Quick Fix Capital
Pearl Capital
MI Factors Trust
Zoomli Financial
Merchant cash
EBF Partners (Everest Business Funding)
Strategic Funding

RENEWAL
Evan Comeau
Bryan Barry
Luke Kinnealey
Amanda McMahon
Robert Hunter
Andrew Ladd

Steve - Juan Jose

Drew - Karolina
Alex - Eduardo
Andy – Cindy
Nota

Genaro Figueroa Driver license expired on 07/29/2018

SF Link:
SOS
The SOS for this renewal is ........
Screenshot: ...............
SF Link: ...............
Inability to extend a minimum offer - Renewal submission less than
50% repaid on last advance with no information. Please provide
additional information on why an increase is needed in order to be
processed.

Team 1 - Email: submissions@straightlinesource.com - Point of Contact Vas Pappas

Team 2 - Email: newdeals@slsbiz.com - Point of Contact Victoria Farrell

Team 3 - Email: slsbiz@slsbiz.com - Point of Contact Joanne EarleyFwell

Presence Web
facebook, Yelp, Twitter, LinkedIn, Instagram, TripAdvisor, Pinterest, Homeadvisor

< 1 year y Transportation Decline (Short time in business)

Transportation: average de 11mil, 1 truck on DOT, < 1 year in business Decline (Note:
1 truck on DOT, < 1 year in business)
Transportation: average de <10mil Decline (Low deposit y se especifica 10k)
If less than $10k decline for low volume under $10k; if less than $15k but more than
$10k so 1. Credit or criminal 2. Less than year in business. 3. Not active on DOT; 4. 1
truck on DOT

1- Cuando hay una cuenta de Otro TAYLOR AUTO

REPAIRParnert funded y menos del 100%
2- Cuando hay una cuenta de Otro Parnert funded y esta en
100% y nos estan pagando en el ultimo mes del Bank
Statement
3-Cuando hay una cuentKITE ROCK, LLC
DBA THE GLASS GURU OF ATLANTAa de Otro Parnert
Contract In y la Signed App
Empower Group
United Capital Source

2 Anos atras, la fecha que la esta trabajando

Fecha Nota:
UW please confirm TIB because app was blank

En otras noticias we are pausing submissions for this partner

(*NO TRABAJAR ESTE PARTNER HASTA NUEVO AVISO*)

Ascend
Biz Funding Finder
Lenders Access
Merchant Cash Partners
Merchant Industry
Ohana
OnPoint
Sylvan

Bridge Consolidation = Hamilton

*Straight Line Source*

- *United Capital Source*
- *Empower Group*
- *Lending Tree*
- *Morgan Cash*
- *SBG Funding*”
*National Funding*