who funds as "PowerUp?
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  1. #1
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    who funds as "PowerUp?

    keep seeing this one but can't figure out who they really are or find them online.

  2. #2

  3. #3
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    Quote Originally Posted by fisheMS View Post
    keep seeing this one but can't figure out who they really are or find them online.
    New guys on the block from Long Island that are consolidating and place a high focus on FICO score.
    Last edited by ADiamond; 06-26-2015 at 12:18 AM.
    Anthony Diamond
    Underwriter

  4. #4
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    They recently did a 1.12 over 10 months structured as a fixed term loan.

  5. #5
    I just got deal last week saw they'd consolidated 6 positions totaling a little over $209k, gave the merchant 10 months $210k, daily payment under $1500
    Christina Rossi
    Business Development
    Account Executive
    Tel: 866-629-4464 ext 229
    Fax: 917-368-6943
    Crossi@maxadvance.com
    www.maxadvance.com

  6. #6
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    Does that come out to a 1.5 factor ?

  7. #7
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by Michael I View Post
    Does that come out to a 1.5 factor ?
    at 1500 that is exactly 1.5 so I hope it is way under that
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  8. #8
    We have used them primarily for consolidations ... Easy to work with and fund quickly
    Last edited by wallstreetgirl; 07-02-2015 at 08:34 PM.

  9. #9
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    Quote Originally Posted by wallstreetgirl View Post
    WE HAVE USED THEM PRIMARILY FOR CONSOLIDATIONS ... EASY TO WORK WITH AND FUND QUICKLY

    Viceroy Capital Funding
    40 Wall Street 28th floor
    New York, NY 10005
    michelle@viceroycapitalfunding.com
    Direct #: 1 (347) 282-5961
    Fax #: 1 (855) 204-0222
    Stop spamming.

  10. #10
    they don't just consolidate, they stack heavy. I got stacked hard by them on this one deal. Just saw Capital Stack 2, Power Up, Nah LLC, and Blu Diamond......JESUS man.

  11. #11
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    nah llc and blue diamond?? Those are new ones, guess everyone just opens a funding company and starts stacking without caring about what it does to the industry or the business' they are funding
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  12. #12
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    blue diamond is pearl

  13. #13
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    Blue Horseshoe loves Anacott Steel

  14. #14
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by MCNetwork View Post
    Blue Horseshoe loves Anacott Steel
    I was thinking the same thing when I saw that the first time
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  15. #15

    who funds as "PowerUp?

    Blu Diamond isn't the new Pearl

  16. #16
    Senior Member Reputation points: 3217 CO1's Avatar
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    Quote Originally Posted by 155refi10psf View Post
    Blu Diamond isn't the new Pearl
    So who are they?

  17. #17
    Senior Member Reputation points: 5023
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    I've done business with them before. Good people, commissions are low though (7) and absolutely no BK forever. A little strict but fast usually. ask for Charlie Mayo.

  18. #18
    Senior Member Reputation points: 5023
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    Check KBMworldwide. Same.

  19. #19
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    Quote Originally Posted by CO1 View Post
    So who are they?
    Blu Diamond was a solo underwriter in the old Pearl who decided to open up their own shop. No affiliation with The New Pearl. As far as I know, that shop has been defunct since July of 2015 (which is the roughly the date this thread was started)

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