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  • abfunders's Avatar
    Today, 03:38 PM
    abfunders replied to a thread Fix and Flip in Deal Bin
    Current cost is $14,000 per apartment, yowzers! How tiny are these apartments and where are they located? Sounds like a good ROI, but seems like a hard collateral to secure for most lenders considering the size.
    4 replies | 182 view(s) |
  • abfunders's Avatar
    Today, 03:35 PM
    Zonefund, I don't know if we connected on an email or not, but send me one and I'll introduce you to some of the best out there. You made the referral, they do the heavy lifting and you just get an ACH when it's done.
    2 replies | 71 view(s) |
  • abfunders's Avatar
    Today, 03:31 PM
    abfunders replied to a thread Lines of Credit in Help Wanted
    Unsecured LOCs are for 700+ FICOs. Maybe 680+, but that's seriously pushing it. The difference between a 680 and 700 is generally credit card maxed out usage and inquiries, which are deal killers for unsecured. Kelton, email me, I'll put you in touch with a group that does the 700+ people VERY well.
    2 replies | 111 view(s) |
  • Yankeeman07's Avatar
    Today, 02:27 PM
    Yankeeman07 replied to a thread Fix and Flip in Deal Bin
    Zip Code of the property?
    4 replies | 182 view(s) |
  • RapidCapital's Avatar
    Today, 10:35 AM
    I will make this clear up front We are not a direct Funder We however are contracted with 85 Lending Institutions. The question that is important is "Do you want to work for a Direct Funder" or do you want to make money. We have this ad posted now Do you need Financial Stability, Viable & Consistent Lead Flow, and Genuine Assistance in Closing Deals? Are you tired of low quality, low revenue micro businesses wiped out by Covid 19? Are you tired of your full-fledged effort not being met with real support, viable feedback and a sense of urgency to help fund your deals? Peak Performance Capital Funding is a Subsidiary of Peak Performance Training and Development, a National Sales and Sales Management Company. We offer financial services to Small Business Owners in need to immediate Working Capital. We sell Money, an absolute necessity in today’s economy. Most Business Owners today are in need of: · Immediate Capital; Repairs, Needed Inventory, Equipment or Payroll · Consolidation; Must reduce High Interest Loans, Reduction in Rate & Payment · Immediate Capital to fill in the Gaps between Job Start Date and Pay Date · Expansion Capital; IE Equipment, Hiring, Inventory or Payroll · An Immediate Short-Term $ Bridge to overcome a Temporary Cash Crunch · Equipment Purchase/Lease Deposits to reduce the cost of transaction · Eliminating Financial Hurdles, Paperwork & Collateral Required by Banks Most MCA-Capital Sales Reps today are in need of: • Viable up to date leads with active contact information • Genuine closing support to expedite funding your deals • Commissions that are discussed up front, maintained and paid on time We provide Loan Developers with updated and unlimited leads, Industry High Commissions and Complete Support. Remember, we are an affiliate of a National Sales Training Organization. We provide the training, tools and complete support needed for success. Stop dealing with Boiler rooms that expect ridiculous call volume yet provide no real closing support and insulting commission schedules. Start by using this opportunity as your financial vehicle for success. Please forward your resume. Interviewing is commencing immediately
    1 replies | 129 view(s) |
  • Lmonus's Avatar
    Yesterday, 01:22 PM
    bump
    5 replies | 614 view(s) |
  • MCA's Avatar
    Yesterday, 10:41 AM
    Most funders will fund an ecommerce business (especially now with Covid19). However most cannot switch their CC processing because they are integrated with their platform like shopify, squarespace, wix etc... so CC splits will most likely not be an option for most.
    2 replies | 232 view(s) |
  • Yankeeman07's Avatar
    Yesterday, 09:00 AM
    Credit Card Split
    2 replies | 232 view(s) |
  • Iscibibi153's Avatar
    05-29-2020, 10:48 PM
    Do any funders find online businesses? If not why not?
    2 replies | 232 view(s)
  • Iscibibi153's Avatar
    05-29-2020, 10:06 PM
    What’s cya?
    4 replies | 298 view(s) |
  • Winning's Avatar
    05-29-2020, 03:26 PM
    Update... So Paypal send additional correspondence that they have moved the repayment drafts through June. Also I can report, that I have been a good citizen, and have recently spent money on a consumer based depreciating asset! I can't take all the credit though! My wife was the catalyst behind my recent consumer spending, and then I found an offer at Best Buy that was to good to pass up! Last week my Wife asked me what I wanted for Father's Day. I replied, "Don't worry about getting me anything, maybe a TV, but that costs more than what I want to spend right now". She continued to press me and said "Don't worry about that, just give me the model number of what you want"... I said "Ok, but you are talking about $3500 to $6500 dollars".. Later that night, I went into my Amazon List that I had already made a few months ago when I was heavily researching all the TV tech. All the top spots go to OLED Screens followed by QLED screens... I started typing in the various model numbers on google, to see what the current prices are for the various models.. I make it down to number 4 on my list, which was the Samsung 75" QLED Q80R QN75Q80RAFXZA. I type in QN75Q80RAFXZA on google and was surprised that I see a price that is about 50% cheaper than normal, with the added benefit of being sold by a major chain... So I click on the Bestbuy.com link and see that apparently Best Buy is getting rid of all the 2019 in store models and offering them at huge discounts... Due to the corna virus people are unable to go into the stores and quickly take advantage of such deals. To my delight when I clicked on the buy button, It showed me that there were at least 4 different best buys within 25 miles of me that said they had at least 1 of the exact model that I was looking for, available for me to pickup in an hour! I could not believe this! What were the chances I would luck up find this sale! So I called each of the bestbuy's and spoke to someone to verify the condition of each of the display units they had. After that, I then went online, purchased, and choose the pickup store from one of the stores that I had called and verified condition.. Bestbuy extended the same warranty as if I purchased new, and also gave me Geek Squad protection plan for 5 years! Man I still can't believe I found this sale... If my wife would not have pressed me, I would have never started looking at current prices of the TV's on my list!
    29 replies | 2961 view(s) |
  • GMFunding's Avatar
    05-29-2020, 02:59 PM
    Try LCF or Bitty
    3 replies | 334 view(s) |
  • Cal Fal Equipment Finance's Avatar
    05-29-2020, 02:25 PM
    Hello Everyone, We have been getting a lot of request from brokers who do not typically handle equipment finance and leasing request but want to learn more. I wanted to highlight transactions that fit our credit box and portfolio. Please see below. Collateral type- Heavy Equipment, Dump Trucks, Yellow Iron (construction equipment), Manufacturing Credit Profile- A B C Term- 24 to 60 months (for larger items and better credits we may be able to go out 84 months) Structures- Leases, Loans, Sale and Leasebacks and Refinances Size- Due to Covid, we want to stay under $1MM on a per deal basis but subject to change. In summary, we welcome new broker business to fund transactions that make sense for our portfolio. If there are any deals or questions about the equipment finance and leasing industry, I am more than happy to discuss anytime. You can reach me on my cell phone (847-922-2729) or email calfalkenhayn@elgallc.com Best, Cal
    0 replies | 45 view(s)
  • Winning's Avatar
    05-29-2020, 02:08 PM
    Man... That is a hard question to answer... To say what you would have done if you were present and witnessed this entire event. Due to the self-preservation instinct. I think most of us would not have done a damn thing in this exact scenario, other than watch and bear witness. Including me, and I have a CHL licence. Self-Preservation-Instinct https://dictionary.apa.org/self-preservation-instinct The fundamental tendency of humans and nonhuman animals to behave so as to avoid injury and maximize chances of survival (e.g., by fleeing from dangerous situations or predators). In his early formulations of classic psychoanalytic theory, Sigmund Freud proposed that self-preservation was one of two instincts that motivated human behavior, the other being the sexual instinct. In his later formulations, he combined both instincts into the concept of Eros, or the life instinct, and opposed them to Thanatos, the death instinct.
    1 replies | 136 view(s) |
  • JasonBishop's Avatar
    05-29-2020, 01:44 PM
    Zone what is your info?
    3 replies | 215 view(s) |
  • Clark Sica's Avatar
    05-29-2020, 01:36 PM
    Any deal funded in any of the 5 borroughs of NYC gets you 1pt bonus on that file. This is our lifetime bonus.
    14 replies | 791 view(s) |
  • Zonefund's Avatar
    05-29-2020, 12:34 PM
    They are also known as bridge funding cap llc out of brooklyn NY Need payoff on large deal Ty
    3 replies | 215 view(s) |
  • Zonefund's Avatar
    05-29-2020, 11:31 AM
    Please help i will pay $500
    3 replies | 215 view(s) |
  • Steven_O's Avatar
    05-29-2020, 09:39 AM
    1. Invest in technology. CRM. Security Camera. Tracking Software. 2. Limit where you send your files. Have a core group of funders. 3. Know that "Buyers are Liars", Trigger Leads are real, and once your client has been funded 1 time - they will be called by everyone. Every day. 4. Don't hire brokers who "know the industry". Snakes, Flakes and tons of Punks. Backdooring is a part of the business that we all have to deal with but it boils down to: C.Y.A. at all times.
    4 replies | 298 view(s) |
  • CFObyDesign's Avatar
    05-29-2020, 09:31 AM
    We are ready to begin syndication and funding our own files. We are only looking for a processor. We have the funds and the deals. Please email Miguel at mah@cfobydesign.com.
    4 replies | 689 view(s) |
  • Yankeeman07's Avatar
    05-29-2020, 09:19 AM
    How will Underwriting contact merchant?
    4 replies | 298 view(s) |
  • Spartan Capital's Avatar
    05-29-2020, 08:37 AM
    We are a B and C paper Funder. We fund 1-3 positions with $800,000 max funding amount during COVID-19
    4 replies | 398 view(s) |
  • Zonefund's Avatar
    05-29-2020, 08:35 AM
    GEL funding contact # can someone please send for a payoff letter? Ty
    3 replies | 215 view(s)
  • Spartan Capital's Avatar
    05-29-2020, 08:34 AM
    You can syndicate with Spartan as well as many other ISOs do . We allow syndication and provide white label to ISO's that syndicate 20% to 50% of the deal's funding amount. Please reach out to iso@spartancapitalgroup.com to sign up. We never stopped funding BTW!
    4 replies | 398 view(s) |
  • kpeng's Avatar
    05-29-2020, 08:24 AM
    Do business with reputable funders who are transparent.
    4 replies | 298 view(s) |
  • Ultimatecloser's Avatar
    05-29-2020, 07:41 AM
    Are you still looking for acquisition funding?
    1 replies | 193 view(s) |
  • Ultimatecloser's Avatar
    05-29-2020, 07:30 AM
    Is this deal still available?
    1 replies | 121 view(s) |
  • Ultimatecloser's Avatar
    05-29-2020, 07:23 AM
    Ultimatecloser replied to a thread Fix and Flip in Deal Bin
    Give us a call 561-440-3517 will be able to help you out.
    4 replies | 182 view(s) |
  • Kevin Henry-Seacoast's Avatar
    05-29-2020, 05:59 AM
    Bear Sterns!!! Trump's casino investment bank. Lehman also participated. It worked out great for both firms!
    3 replies | 394 view(s) |
  • Kevin Henry-Seacoast's Avatar
    05-29-2020, 05:57 AM
    I think the cost for funder/lenders is more than broker/advisors. If so, it's the same policy followed by other networking events I have attended/exhibited. KH
    1 replies | 100 view(s) |
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