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  • WestCoastFunding's Avatar
    Today, 04:01 AM
    Get a MTD immediately.
    31 replies | 862 view(s) |
  • Don Dolla's Avatar
    Yesterday, 11:39 PM
    Can't nobody teach you how to make it Ain’t no shortcuts, ain’t no golden roads Can't nobody teach you how to believe in yourself, even when no one don't Can’t nobody show you how to love it This ain't for ya, what the fuck you doing Can't nobody hold ya hand, you's a grown man, boss up nigga show it Ain't nobody got the million dollar ticket Ain't nobody got that over night life Everyone I know that came up from the bottom, put that work in on them overnight flights Ain't nobody really worried bout ya Cause everybody want the same thing And you gon find sooner or later, can't nobody teach ya cause they don't know a damn thing
    13 replies | 329 view(s) |
  • Don Dolla's Avatar
    Yesterday, 08:30 PM
    Takes 5 days for an ach to clear , renewal and commissions pending lol
    31 replies | 862 view(s) |
  • WestCoastFunding's Avatar
    Yesterday, 08:26 PM
    Renewal on Wednesday at 12:01 pm
    31 replies | 862 view(s) |
  • Don Dolla's Avatar
    Yesterday, 07:56 PM
    We got a 10k 5 day offer this week lol Have a great weekend everyone!
    31 replies | 862 view(s) |
  • brokerCompany's Avatar
    Yesterday, 07:12 PM
    Client has 150k in dental equipment Chairs and xray. Free and clear Start up business Who can do a loan against this type of equipment
    0 replies | 5 view(s)
  • Franklin's Avatar
    Yesterday, 07:08 PM
    He dribbles better than me...I'm motivated to hit the school yard. www.UccRadar.com - Audio Opt-In Forms - Call for Samples!
    22 replies | 606 view(s) |
  • skideeppow's Avatar
    Yesterday, 07:04 PM
    WTF are you talking about. If you have nothing helpful to add, SHUT THE FUCK UP MARCUS.
    22 replies | 606 view(s) |
  • skideeppow's Avatar
    Yesterday, 07:02 PM
    skideeppow replied to a thread OnDeck in Merchant Cash Advance
    i can help. PM me if you are intersted. Been doing business with them since 2008
    3 replies | 252 view(s) |
  • WestCoastFunding's Avatar
    Yesterday, 06:19 PM
    My personal view is B paper 1.35-1.40 over 7-9 months is the lowest/longest term I would ever feel comfortable with.
    31 replies | 862 view(s) |
  • Jstarr's Avatar
    Yesterday, 05:51 PM
    For Real Estate - Right Here.
    1 replies | 12 view(s) |
  • JTS-MCA's Avatar
    Yesterday, 05:09 PM
    JTS-MCA replied to a thread Quarterspot in Merchant Cash Advance
    I dont get it at all. Not sure how you pitch that to investors or a bank to get money. But whatever they pitched it worked so not sure who is dumber, the funder or the investor. Would love to meet the CEO and understand how they think that model is profitable.
    31 replies | 862 view(s) |
  • DEAL's Avatar
    Yesterday, 05:04 PM
    Looking for hard money firms to work with asap for various files i have.
    1 replies | 12 view(s)
  • WestCoastFunding's Avatar
    Yesterday, 04:55 PM
    A deal is only crappy if the rate doesn’t match risk, and you don’t have solid collections
    6 replies | 260 view(s) |
  • WestCoastFunding's Avatar
    Yesterday, 04:52 PM
    Reminds me of DealStruck making a model of consolidating multiple cash advances into 4 year terms at 10% apr. What could go wrong?
    31 replies | 862 view(s) |
  • Clark Sica's Avatar
    Yesterday, 04:25 PM
    Clark Sica replied to a thread Weekly Payments in Deal Bin
    Lending Valley, Inc has weekly payments on deals as low as 1K!
    5 replies | 127 view(s) |
  • JTS-MCA's Avatar
    Yesterday, 04:05 PM
    JTS-MCA replied to a thread Quarterspot in Merchant Cash Advance
    Wait ....1.22-1.24s on 12 months paying 6-8 points on 1st and 2nds dont work?! Who would of ever guest that this model wouldnt work?!?! At our office we called them "Crazy Spot", the broker shop funded their deals no problem but we had no idea how they can give those types of offers.
    31 replies | 862 view(s) |
  • Mattp's Avatar
    Yesterday, 04:04 PM
    Dave thank you for the comment. New to the site but I definitely want to make sure I am following the rules.
    3 replies | 91 view(s) |
  • VeganFunder's Avatar
    Yesterday, 03:55 PM
    Wow Marcus. You've inspired me to try a metaphor of my own with something I know everything about Running a funding company is like maintaining a Ferrari. There's a steering wheel and then you've got that thing... with the power... right, the engine. The pistons make the engine thing go vroom and screws for the wheels are also a thing (I know a lot about cars). If even a single wheel is missing the car will just look pretty and can't be driven -- unless there's a scratch on it and someone painted it bright pink-- in which case it won't look pretty. The key to fueling a great funding shop is all about the nuts and bolts In closing Send me deals how do I even have time for this with all these DEALS we're funding! I can compete with Ondeck and Square Wow so many Iso's You hate us cuz you ain't us
    6 replies | 260 view(s) |
  • mcaguru's Avatar
    Yesterday, 03:38 PM
    It all catches up. Looks very easy .. Managing and building successful funding firm is like building the Perfect Swiss Watch --- that has many Supercomplication that must interact with one another with a center wheel you have the valves and Oscillation and so on.... 1 off and it eventually wont pull the Feb 29 sometimes it takes time (no pun intended) to realize that its not going to work out. funding amounts per day is perhaps just the chime of the watch but it wont tell you about the inner wheels and balances being off.
    6 replies | 260 view(s) |
  • PDM Cap's Avatar
    Yesterday, 03:23 PM
    I wonder how many of those investors make any money with those funders
    6 replies | 260 view(s) |
  • FunYouMan's Avatar
    Yesterday, 03:05 PM
    Think about it like this: Investor gives you 1M to fund deals. Take that 1M and put it into shitty deals with "Underwriting Fees" of 10%, you just made yourself a $100k. (This is not including management fee's, comm and deals that make full RTR)
    6 replies | 260 view(s) |
  • A+Paper's Avatar
    Yesterday, 02:44 PM
    Plenty of the default lenders are rolling in dough.
    6 replies | 260 view(s) |
  • A+Paper's Avatar
    Yesterday, 02:43 PM
    I've seen it. Usually to hide the agreement from other positions who take stacking clauses seriously.
    7 replies | 544 view(s) |
  • Premiere Capital Funding's Avatar
    Yesterday, 01:46 PM
    We are an established MCA funding company located in Bay Ridge, Brooklyn. We are constantly growing and looking for talented people to join our team. . Our need is for someone to help with the day-to-day responsibilities of the processing department, which facilitates the entire funding process. We are looking for a careful, hardworking, and diligent person, that can multi-task several things at once, and stay on top of the entire checklist of the things needed to fund a business. Secretarial/assistant experience strongly preferred. Compensation negotiable. Description of responsibilities: * Data entry (into CRM and Excel spreadsheets- knowledge of Excel, and other Microsoft office components strongly preferred). * Communicate/guide merchants and ISO Partners through the funding process. * Generate, send, receive and review MCA contracts and other documents. * Conduct credit check and background checks on the merchants. * Request, collect and review stipulation documents. * Work with the operations team to improve the processes. Job Requirements: * Merchant Cash Advance Industry Experience - Preferred * Knowledge of CRM Preferred * Good email and phone communication skills- Required * Strong organizational skills, attention to details, goal oriented-Required * English speaking-Required. Knowledge of Spanish as a second language would be a benefit. Please send your resume to kseniap@premierecapitalfunding.com
    0 replies | 15 view(s)
  • MCN's Avatar
    Yesterday, 01:43 PM
    Any other brokers notice an inrease in percentage of deals with defaults in the past couple of weeks? Maybe its just me, but seems like half the deals i got in this week had previously defaulted on funders.
    0 replies | 95 view(s)
  • Premiere Capital Funding's Avatar
    Yesterday, 01:37 PM
    We are an established MCA funding company (focused on 2nd,3rd positions and consolidation deals) located in Bay Ridge, Brooklyn. We are constantly growing and looking for talented people to join our team. . Looking for a proactive, energetic, and goal-oriented professional to join our team as a senior underwriter. Responsibilities: Responsible for full cycle underwriting process of new files and renewals, which includes the analysis of credit reports, bank statements, and various other business documentation. Perform detailed financial analysis to determine the credit worthiness of a merchant. Make decisions based on company checklists and guidelines. Issue MCA approvals. Communicate with ISO's, sales managers, and merchants in both written and verbal form. Negotiate terms and rates and assists in resolving problems that may arise on pending contracts. Restructure and standardize company underwriting process. Managing team of Jr. underwriters Desired Skills and Experience for an Underwriter position: Strong work ethic. 3+ years of total underwriting experience in specifically in this industry is required. Cash Advance experience (2nd and 3rd positions) is preferred. Excellent verbal and written communication skills. Detail oriented with strong analytical skills. Ability to multi-task, work independently and prioritize in a fast-paced environment. Expert understanding of the MCA lending process coupled with the ability to recognize positive and negative trends in credit performance. About us: Premier Capital Funding, LLC - an A-Ranked, Direct Funding Company Providing Quick Working Capital for Small and Medium Businesses. Our alternative lending solutions cover the need for small and medium businesses in getting working capital. Unlike business loans, credit lines, factoring and other traditional banking products, our cash advances allow getting the necessary funding with an easy application process in just a few days. Our largest asset is our team. We provide each employee an opportunity to grow and to accomplish their goals, strengthening our company in the process. Regardless of the position or the work-related responsibilities of a specific employee within our organization, we are looking for individuals with extreme desire to excel and move forward through hard work and dedication, without sacrificing their integrity in the process. On our end, we are willing to handsomely award exceptional performance and dedication to our company. Job Type: Full-time Please send your resume to kseniap@premierecapitalfunding.com
    0 replies | 16 view(s)
  • mcaguru's Avatar
    Yesterday, 01:07 PM
    If all other offers fail .... Mantis funds everyday files others Declined( and approved for lower amounts!)...
    6 replies | 104 view(s) |
  • FundingStrategist's Avatar
    Yesterday, 12:52 PM
    Haha, thank you, sir! -FundingStrategist https://fundingstrat.com
    2 replies | 83 view(s) |
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