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  • JasonBishop's Avatar
    Today, 08:15 AM
    Good Morning Richard Are you looking for inbound or outbound leads?
    1 replies | 18 view(s) |
  • Richard Gomez's Avatar
    Today, 07:30 AM
    @skideeppow, the funders can only handle their defaults to a certain point, that's until their gravy train investor cuts them off from new money.
    2 replies | 352 view(s) |
  • Richard Gomez's Avatar
    Today, 07:26 AM
    I do the cash-out refis as well, I never tried buying mortgage leads on here but individuals speak about property files once in a while. I am interested in all types: Commercial/Residential refinancing, lis pendens, fix & flippers, ground up construction. Let's see what you have to offer. Richard@gomezcapitalfunding.com
    0 replies | 4 view(s)
  • Richard Gomez's Avatar
    Today, 07:15 AM
    I have gone through so many, you know who you are when reading this thread , some are horrible but the decent to good ones dry up after two months or less or just vanish? Email me to chat prices so I place an order. I am trying a new campaign on Monday, let's see how this one goes... Richard@gomezcapitalfunding.com
    1 replies | 18 view(s)
  • Mattp's Avatar
    Today, 04:37 AM
    500k is needed in 1-2 weeks max 160k of this 500k will be paid back no later than 6 months 340k of this 500k will be paid back no later than 4 months They have PO's in hand that total $914,000. Anyone have someone good for this? I can send details.
    0 replies | 7 view(s)
  • MBWineGuy41's Avatar
    Today, 04:19 AM
    MBWineGuy41 started a thread A-paper $500-750K in Deal Bin
    Who can actually close a solid deal for a bankable company involving a subordination agreement from the bank who already has a security interest in all assets (blanket UCC filing)? Industry: Manufacturing TIB: 3 years 2019 Revenue: $11MM Recent month bank deposits: $1.1MM+ Average Daily Balance: $150K FICO: 735 20% EDITDA margin Senior Lender (Bank ABL) requiring subordination agreement $750K request $450K minimum will suffice 12-15 months Buy rate 1.25 max Motivated client for whom the deal should have already closed. Direct lenders only please. Would prefer to deal with decision makers. I am an active Orange County, CA based broker tired of companies that are scared to fund large deals but claim to. An entire week was wasted on this one and I need to produce Monday or Tuesday latest therefore please send broker agreement ASAP if interested and reach out: 310-621-5806 Johndur@financial-solutions.us In general, seeking aggressive, ethical and intelligent lenders for large deals mostly A-paper that can close consistently and not underwrite after contracts are returned. Considerable deal flow half or more of which are loyal Southern CA clients with whom I have worked on multiple deals and products. I price equitably and therefore backdoor attempts are useless as I am notified immediately and colleagues and now fellow dailyfunder members will be apprised of circumvention attempts as that nonsense is preventable via strong client relations and those who try are normally average performers desperate for a deal. I have deals but need to work with new lenders. OnDeck, Fora and BFS are fine but can’t write the larger files. Regards, John
    0 replies | 8 view(s)
  • MBWineGuy41's Avatar
    Today, 02:04 AM
    California Broker Alert First in a number of articles sharing personal experiences without exaggeration with regard to my active role in "MCA" or cash advance lending. While maintaining a reasonably solid reputation, Kalamata Capital Group is unable to close large deals as claimed. I was told they cap at $750K but pushed for $450K for a strong bankable and profitable company with over $1MM of deposits monthly and a strong guarantor with a 735 FICO. Specifically, they issued a contract for a $450,000 advance per my request and three days of my providing information. I upsold a reasonable 4-5% to be shared with the origination source. I was astounded when my 70 year-old client pointed out there were $30,000 in fees in addition to the $120K the company would have made on the deal. Worst yet is a component of the "origination" fees was the second to last page of a long contract. Accordingly, my client was likely going to be charged another $11K for an optional "data analytics" service. To be fair, this was in fact optional but we all know a merchant ready to get funded will Docusign contracts hastily and likely review the first few pages throughly and usually press the initial or signature button to the get through the remainder, including the appendices which contained this unacceptable ploy. When I read this page front to back I realized they were asking for $11K to pitch other products commissionable to Kalamata as a result of data analytics and insights. Should my client need financial advice, I am the professional with the relationship and education to provide without unethical and borderline scheming tactics. Now it all comes together why a previous or former ISO who recently relocated to Florida was circumventing my deals though Kalamata and they took no action. That was my first termination agreement request. I have requested termination of my agreement for the third time today and hopefully they will heed the request. Be careful, especially now, with whom you show files. I stop a circumvention or backdoor play regularly and have terminated a half dozen agreements in recent months. Rather work with ethical lenders for which my Representative understands basic finance. In the meantime, don't settle for "ISO" (Independent Service Representative) status rather branch out and get involved in other products such as factoring and unsecured vendor finance, the latter of which I am responsible for rolling out in California with a veteran banker and produces solid residual income that you don't have to ask to be paid. Regards, Mr. Dur, Jr. President Manhattan Commercial Finance Laguna Beach
    0 replies | 39 view(s)
  • Anthony@fundry's Avatar
    Yesterday, 11:31 PM
    We don't need a mtd to give an offer, but if you don't want any surprises on log in like low mtd rev or a new position you weren't aware of then getting a mtd will always be the best way to get the most accurate offer.
    5 replies | 146 view(s) |
  • HDF's Avatar
    Yesterday, 09:23 PM
    HDF replied to a thread Cap Flow Funding in Merchant Cash Advance
    "Im pretty sure Cap Flow Funding fucked my wife. Not sure if CFGMF did, tho. " I wouldn't do ANYTHING after Midnight!!
    18 replies | 748 view(s) |
  • WestCoastFunding's Avatar
    Yesterday, 06:58 PM
    Im pretty sure Cap Flow Funding fucked my wife. Not sure if CFGMF did, tho.
    18 replies | 748 view(s) |
  • DennisM's Avatar
    Yesterday, 06:24 PM
    BrokerSuite App was created on the Salesforce.com platform, which is specifically designed for brokers in the Merchant Cash Advance space. The App, powered by Cloudsquare, helps our customers track their leads, applications, submissions, offers, commissions, renewals, and much more. It's intended to aid your team with a real-time 360-degree view of where any deal is at at any time through workflow automation. Take a look further on the Salesforce App Exchange. If interested, please email us at hello@cloudsquare.io Thanks.
    0 replies | 10 view(s)
  • FifthVenture's Avatar
    Yesterday, 06:06 PM
    Run it back with Bitty 10 is a stretch 50/75 % is usually the most you'll get
    1 replies | 26 view(s) |
  • SmartAdvanced's Avatar
    Yesterday, 05:25 PM
    What’s with the G though? Assuming C is for Cap and F is for flow, but what about the G? What’s that for?
    18 replies | 748 view(s) |
  • VeganFunder's Avatar
    Yesterday, 05:23 PM
    Fantastic! So you can verify for the rest of us. Are capflowinc and CFG the same people or are they completely unrelated?
    18 replies | 748 view(s) |
  • thesmartermerchant2020's Avatar
    Yesterday, 05:09 PM
    A SMARTER CHOICE FOR ISOs !!!! Whether it's a split funding, a daily, weekly or bi-weekly ACH, The Smarter Merchant has the right funding program to fit most of your merchants needs. The Smarter Merchant has the flexibility and knowledge to tailor the perfect advance. All of that and quick turnaround times lets you get back to what you do best... closing more deals. Here is why you should choose TSM Fast Turnaround Time High Approval Ratings Less Stips Flexible Payment Options Split Fundings More Industries Served Same Day Funding Available Just a few MORE of the many reasons to choose The Smarter Merchant as your go to funding source Aggressive Commissions And Monthly Bonus Specials Knowledgeable, Dedicated ISO Support Staff You Be The Bank With Our True White Label Solutions Customize Funding Terms With With Our ISO Calculator Cutting Edge Security To Protect Your Submissions BROKER TOOLS - FUNDING CALCULATORS Every funding is unique and not every offer fits right out of the box. Use our custom offer calculator to craft the perfect terms for your merchant. You can even order electronic contracts right from the offer page. Advanced Syndication Portal Don't just broker, Fund with us. Leverage our class leading technology to participate in your own deals. Get advanced metrics, custom reporting and granular details about your portfolio performance. Contact me anytime johng@thesmartermerchant Join The Smarter merchant Facebook page https://www.facebook.com/groups/thesmartermerchant/
    0 replies | 7 view(s)
  • ADiamond's Avatar
    Yesterday, 04:30 PM
    I don't know of any funder that won't give a soft offer pending MTD/bank login @ final UW - unless you're dealing with some companies that want you to aggregate the bank login with application which makes it easier for everyone, including yourself & the client.
    5 replies | 146 view(s) |
  • Finance Guru's Avatar
    Yesterday, 04:28 PM
    We will underwrite and make offers with out it.
    5 replies | 146 view(s) |
  • Amiran5's Avatar
    Yesterday, 04:16 PM
    Hey guys, This deal is definitely not attractive, but I wanted to give it a shot just in case. He does a lot of deposits, but is only showing about $8k - $12k a month. Credit is in mid 5s, and low ending balances as well as multiple nsfs in bank statements. $10k may be a stretch but maybe a starter program? He paid off Last chance and Bitty and I don't have many lenders that do these types of deals especially on a 1st position. Let me know if anyone is out there and FYI I already tried Mantis and got a decline
    1 replies | 26 view(s)
  • SFC's Avatar
    Yesterday, 04:09 PM
    SFC replied to a thread Cap Flow Funding in Merchant Cash Advance
    Oof, seems like I struck a nerve there. Maybe try eating some real meat?
    18 replies | 748 view(s) |
  • fundingsmbs's Avatar
    Yesterday, 03:35 PM
    BlueVine’s Flex Line of Credit and Term Loan is issued by Celtic Bank, a Utah-chartered Industrial Bank- I would say no, they are not an MCA product. ODC- "Depending on the state where your business is located and other attributes of the loan, your business loan may be issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. Your loan agreement will identify the loan issuer prior to your signing." Utah Banks have been busy!
    21 replies | 798 view(s) |
  • ADiamond's Avatar
    Yesterday, 03:29 PM
    ease of closing and cost of capital is great I'm sure, they are a very corporate company. doesn't mean they're great. are they even "MCA" technically? best MCA after Bluevine if I had to assume would be Amex or Chase - Paypal or Shopify for online merchants
    21 replies | 798 view(s) |
  • fundingsmbs's Avatar
    Yesterday, 03:28 PM
    "Troy,MI-based North American Bancard (NAB) has been offering their customers merchant cash advances through a Troy-based subsidiary known as Capital For Merchants (CFM) for more than 10 years. And after seeing the growth of that segment, NAB went out and acquired Miami,FL-based Rapid Capital Funding (RCF) in late 2014"
    6 replies | 313 view(s) |
  • fundingsmbs's Avatar
    Yesterday, 03:23 PM
    https://www.bluevine.com/term-loan/ both LOC and Term loans on website list up to $250,000. It also lists they do invoice factoring up to $5M
    21 replies | 798 view(s) |
  • ADiamond's Avatar
    Yesterday, 03:15 PM
    tvt capital, email me anthony@tvtcapital.com funding up to $3mm, 12, 15, 18 month options. biweekly options for clean 1st positions 18-24 month deals on a commercial property-backed ABL loans, will take 2nd pos mortgage.
    2 replies | 126 view(s) |
  • fundingsmbs's Avatar
    Yesterday, 03:13 PM
    https://www.fundingcircle.com if they let you into the country club AMEX is another one that goes to $1M - also if you can get into the country club
    2 replies | 126 view(s) |
  • Napoleon Butic's Avatar
    Yesterday, 03:04 PM
    I'm looking for some business lenders that are able to use commercial real estate as collateral. Just to be clear, I already have my network of bridge loan hard money lenders. What I'm looking for is a true business lender that analyzes the business financials etc., and can take real estate as collateral support.
    0 replies | 28 view(s)
  • PerryC's Avatar
    Yesterday, 02:45 PM
    Hi Mike, We work with hundreds of Funding companies for over a decade. Please feel free to reach out to sign up as an ISO of BMS.
    1 replies | 107 view(s) |
  • WestCoastFunding's Avatar
    Yesterday, 02:29 PM
    Yeah, been going on a while. Get merchant to stop payments, switch accounts. Then charges a ton of fees and disappears.
    14 replies | 429 view(s) |
  • mcaguru's Avatar
    Yesterday, 02:12 PM
    My Gutt tells me that these scammers don't have much-longevity these hurting business owners. https://debanked.com/2019/06/long-island-business-loan-brokers-arrested-in-bust/
    14 replies | 429 view(s) |
  • FiveTower's Avatar
    Yesterday, 01:50 PM
    Hey everyone, I’m sure you see many threads inquiring about partnerships, and to be honest this is one of those, although I think that we may be able to provide you something most direct funders can’t. Aside from our • Double digit commission payout (with possibilities of bonus commission) • Offers between 1-3 hours • Early Payoff Discounts (up to 20 points off the factor) • CC splits/ lockbox & weekly payments options • Same commission payout on renewals We pride ourselves in offering you something more... peace of mind. We understand how difficult it can be to establish trusting relationships in this industry which is why we emphasize transparency with every file you submit. We fund B-D paper and 1-4th position!! Please feel free to reach out Gabe at Info@fivetower.com | 888.434.9904
    0 replies | 6 view(s)
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