[Jonathon]

Does anyone know what's going on at Everest/Vader? Deals have been getting stuck in final review for over 3-4 days now.

[MichaelP]

Does anyone know what's going on at Everest/Vader? Deals have been getting stuck in final review for over 3-4 days now.

That is very strange, we had a deal fund yesterday morning and one die in final over there about an hr ago. Everything was moving somewhat slowly, but nothing like that.

[FCF Fund]

Does anyone know what's going on at Everest/Vader? Deals have been getting stuck in final review for over 3-4 days now.

They are definitely slower then normal, had a deal sign contracts early Friday, Monday all day in review, finally get funded today this AM. I heard they just moved to a new space, at least their sales side, so not sure if that along with seasonal trends had any impact.

[MarvelBusinessFunding]

Just heard from multiple brokers that EBF fell off for no legitimate reason today in final review.

[iwantyourpaper]

Couple of brokers I work with have been saying the same.

If you're looking for a new home, we generally beat out Everest on $$$

Hit me up, happy to chat.

[SendDocsPlox]

EBF lost the edge when they dropped max points from 15 to 12

Vader is more useful than EBF

[whaley]

Consider this of an outlook of how bad Vader and EBF have been lately.. Our last 15 signed deals only 2 have closed. The rest died in Final.. Not mention they were all quality SIC'S, mechanic, Wholesale, manufacturing, and even a dental office.

[Robinhood21]

Consider this of an outlook of how bad Vader and EBF have been lately.. Our last 15 signed deals only 2 have closed. The rest died in Final.. Not mention they were all quality SIC'S, mechanic, Wholesale, manufacturing, and even a dental office.

may i ask why did it died in final??

[MichaelP]

EBF lost the edge when they dropped max points from 15 to 12

Vader is more useful than EBF

15 pts was crucial. So sad. Who is competing with EBF for you rendering them less useful?

[SendDocsPlox]

15 pts was crucial. So sad. Who is competing with EBF for you rendering them less useful?

It depends, all the usual suspects but mileage varies by how much they like your ISO.

Funding Metrics has always been good to me, Forward, I have a good ISO Rep at Delta, Fox is good when they want to be, Velocity CG can compete, Greenbox on their riskier paper, Rival are cool if you've worked with FM a long time in the past and they know you, Zahav are good on the riskier side of the Everest wheelhouse. Vital Cap competes as well but on the better side of the wheelhouse, they wont approve the low spectrum EBF type deals more often than not

Paper quality, position number, deposit count definitely are a factor, still need to abide by the boxes

A 110-130 day deal you have so many options now, plenty of smaller Funders that can do the same approvals if you have the relationship

Vader is still the baby deal GOAT. Wish SuperFast was still doing micro deals JOE

[Nhemp]

Are these clients looking for working capital or equipment? If it's equipment I'd be happy to see what I can do to get them funded

Naisha Hemphill
HIL Financial
425-296-8273
Naisha@hilfinancial.com
www.hilfinancial.com

[kpeng]

I am not Everest or Vader, but from a funder's perspective, it's the time of the year where a lot of files die in final review because of revenue. People closing up for vacations, potential impacts from weather for outdoor businesses up north. Of course if it's other reasons, a lot of it can be avoided by underwriting up front. But we have seen quite a few files die for the aforementioned reasons.

[Paz]

PAZ Funding Source can and will fund your deals the same day.


We are a leader in the direct funding of ISO's. Our team averages 3O MIN or less to put out an offer or decline- Once we send out an offer, you can be sure we will fund the deal. WE ARE DIRECT IN-HOUSE FUNDERS

We be happy to look at your deals - Previous Defaults are auto decline - We can fund 2nd - 5th position.

ALL submissions should be sent to Partners@PazFundingSource.com with CC to dan@PazFundingSource.com for quickest response.

Funding Guidelines Lines: www.pazfundingsource.com/funding-guide-line/

• Funding all states
• 98% customer satisfaction referral
• Commissions at 14%
• Direct Funder
• 1 hour approval
• Full commission on renewals
• Weekly payment available
• Early payment discounts
• Over 7 years in business

Daniel Gold
Paz Funding Source LLC
310-845-6112
Dan@PazFundingSource.com

[Capitalize Group.]

Consider this of an outlook of how bad Vader and EBF have been lately.. Our last 15 signed deals only 2 have closed. The rest died in Final.. Not mention they were all quality SIC'S, mechanic, Wholesale, manufacturing, and even a dental office.

Capitalize Group can get these done for you. Please reach out to charles@capitalizegroup.com if you're still working any of these or have any new ones that need to get funded.

[VitalCapJeff]

15 pts was crucial. So sad. Who is competing with EBF for you rendering them less useful?

VitalCap will compete with your Everest offers.

B/C paper 1st - 4th, sweet spot is 2nd - 3rd's
No inside sales
0% management fess for syndication

Reach out anytime to discuss our updated 2024 guidelines.

[SBF]

Rocket is one of my faves!

[SBF]

Vital Cap is amazing too!

[iwantyourpaper]

Thanks for the love!

We love working with you too!

[joey funds]

Rocket is one of my faves!

🚀🚀🚀🚀🚀🚀🚀🚀

[VitalCapJeff]

Vital Cap is amazing too!

Thank you, Shannon!

You are an amazing partner to work with!!

[FINTEGIC]

Thank you, Shannon!

You are an amazing partner to work with!!

Vital Cap is truly amazing and at one time accounted for 60%+ of my monthly volume. super creative to win deals.

Everest however, they went from offers in 1-3 hours, to offers in24-48 hours. They give aggressive offers on deals others dont, but their offers went from fully vettedUW to soft offers that they kill after you sell it.

But they do what many dont. I think their issue is they kind of moved away from the iso rep personal service to a general support thing, atleast once my rep of 5 years left.

[Yankeeman07]

Vital Cap is truly amazing and at one time accounted for 60%+ of my monthly volume. super creative to win deals.

Everest however, they went from offers in 1-3 hours, to offers in24-48 hours. They give aggressive offers on deals others dont, but their offers went from fully vettedUW to soft offers that they kill after you sell it.

But they do what many dont. I think their issue is they kind of moved away from the iso rep personal service to a general support thing, atleast once my rep of 5 years left.

Have you ever considered it may be called :"Intelligent Underwriting" ?

If you were the person signing the check - is is plausible you would write a check for $10K, $20K, $50K in 20 minutes?

[FINTEGIC]

Have you ever considered it may be called :"Intelligent Underwriting" ?

If you were the person signing the check - is is plausible you would write a check for $10K, $20K, $50K in 20 minutes?

I have no idea what you are getting at, As a broker, you want them to do a bit of background and actually look at the statements when they give offers so they do not die on the funding table for things that are absolutely visible even without a login.

for instance: Everest gave me an offer 2 days ago for 60k 150p 1.32+12, I requested contracts, and they responded to the request by killing the deal with the only reasoning being :not eligible to be funded"

soft offers suck, they waste everyones time and make brokers lose trust with new clients that they can provide the service.

So explain what you mean yankee.

[NotALoan]

I have no idea what you are getting at, As a broker, you want them to do a bit of background and actually look at the statements when they give offers so they do not die on the funding table for things that are absolutely visible even without a login.

for instance: Everest gave me an offer 2 days ago for 60k 150p 1.32+12, I requested contracts, and they responded to the request by killing the deal with the only reasoning being :not eligible to be funded"

soft offers suck, they waste everyones time and make brokers lose trust with new clients that they can provide the service.

So explain what you mean yankee.

So you want companies to underwrite files for you without any guarantee the file has any potential to be funded? Do you know how much time funders would waste underwriting every single file up front?

[VitalCapJeff]

Vital Cap is truly amazing and at one time accounted for 60%+ of my monthly volume. super creative to win deals.

Everest however, they went from offers in 1-3 hours, to offers in24-48 hours. They give aggressive offers on deals others dont, but their offers went from fully vettedUW to soft offers that they kill after you sell it.

But they do what many dont. I think their issue is they kind of moved away from the iso rep personal service to a general support thing, atleast once my rep of 5 years left.

Hello Sir, I appreciate the kind words.

And likewise, you are an amazing partner to work with!

Let's finish this month strong!!