Hopefully the funders can comment here directly instead of people just guessing.
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Hopefully the funders can comment here directly instead of people just guessing.
If you get an email stating that they’re tightening up their guidelines, I take that as meaning they’ve all but shutdown. Yes, some are doing just that: tightening up guidelines. But many aren’t going to straight up say they’ve stopped funding. They don’t want that stigma (although some have said they’ve stopped). But none are going to come on here and say it. They don’t want to lose dealflow when they resume.
We are a factor and asset based lender. We are actively adding new customers and providing liquidity for current customers.
We (Accord Business Funding) are still funding.
I have a few deals with EBF and Vader, so I know they're still up and running. Who else?
Spartan Capital sent me an email blast this morning that they are still funding.
Quote:
We are not limited by negative financials, low credit or Tax Liens. We provide capital based on the story, and the people behind it (Smart Spartan Underwriting).
If you spend $$$ and time in marketing & building relationships, you deserve a partner/bank that will go the extra mile to fund your deals with no property or equipment required as collateral.
855.532.1969 funding@spartancapitalgroup.com
Cresthill Capital (Mantis) is funding away ! ---For those NOT Signed-up -----i strongly suggest you do so ASAP!! bizdev@cresthillcapital.com
We are open and still funding! We are currently not funding certain industries which is understood in these times.
Smarter Merchant
John Galante
The Smarter Merchant
ISO Relations
C: 347-377-1273
P: 888-262-7171
F: *646-219-2731
www.thesmartermerchant.com
Visit The Smarter Merchant's Facebook page:https://www.facebook.com/groups/thesmartermerchant/
LoanMe is open for funding!
We are funding.
Anthony Collin
Chief Executive Officer
Smart Business Funding
Toll-Free Number:1-866-Re-Smart
Direct:*917.533.2979
Fax:*347.402.1650
Email: Anthony@SmartBusinessfunder.com
Web:*http://www.smartbusinessfunder.com
www.chromecapitalfunding.com is continuing to fund.
Speciailizing in larger 2-5th position files.
Will be scaling back on certain industries but offers are still coming strong.
Email from Fivetower (whoever they are) saying they’ve stopped funding. Expansion said they will only do 1st positions.
CFG Merchant Solutions is still funding and Operating as usual. If you are not already signed up, feel free to email / give me a call and ill appoint you to one of our ISO Reps.
We are still pushing out offers and funding deals.
anyone know if ARF is still funding?
Everest Business Funding and Vader Mountain Capital are open and funding!
are you funding business as usual or have you modified your UW to adjust for industries and risk ^ ?
they want your leads lol
Hi there,
Liz replied to your post before our decision to pause funding was made. We understand your frustration but this situation is a fluid one and we are acting and reacting accordingly. If you'd like to discuss further you can feel free to give me a call tomorrow between 7AM-12PM (PST) at 949-735-7384.
All the best to you and yours.
------------------------------------------------------------------------------------------------------------------------------------------
Joel S Galasso
National Accounts Manager
Small Business Loans
joel.galasso@loanme.com
Main: 949-535-7798
1900 S. State College Blvd. Suite 300 Anaheim, CA 92806
Matt... Elizabeth's Post was this morning at 9:46 am PST.
We sent an updated email to all partners at 1:45pm PST which can be viewed here: https://conta.cc/2Ua8Hdf
Lets all try to get through this together.
Thanks, Kristof
We are currently funding. We are following the news and acting accordingly regarding businesses being shut down in some states versus not in others. We are especially funding supermarkets, groceries, pharmacies, medical/healthcare, construction, manufacturing..
Brian@24capital.com for submissions and inquiries
Our own. Fundersapp, not to be confused with Funderslink
Been like that for some time now.
Mantis Currently Funding ...Not Signed up Email bizdev@cresthillcapital.com
Lending Valley is still open and funding! Shoot over an email and lets hit the ground running!
I think it is pretty safe to assume that EVERYONE is still funding, just with restrictions.
Anything in Transportation, or retail, or an industry that requires foot traffic/customers....those are pretty much dead.
BTW....just got word that MALL OF AMERICA HAS CLOSED DOWN TEMPORARILY?
Quikstone is still funding but obviously restrictions will be in place.
No worries. We understand a lot of people are on edge and trying to navigate these uncertain times. Files in the LoanMe system are simply on pause and will not be declined unless they go past the 30 days (when credit was pulled with us). We are hopeful we can open funding back up April 1st and resume all of our partners pre-approved files in the pipeline.
Shout out to Brian@24capital.com, you followed through we did a nice $250k deal over 9 months with you, quick, simple, and easy.
Thank you and many more work to be done together...
Thank you Greg, appreciate the business. I can safely say in recent times not many funders have funded a 250k contract like we did together.
I have been funding thru the shut down and we are relaxing restrictions state by state. ISO's hit me up brian@24capital.com
No default deals! Funding 1-4, min 30k deposits on all submissions
Flash Advance has been Funding :
These are my current COVID guidelines if I can help you fund a few deals let me know. ;
Criteria: new threshold
Minimum Revenue: 25,000 per month
Minimum Time in Business: 1 year
Maximum Duration: 120 days
Minimum FICO: 550
Currently operating and generating revenue
Jake Strelzik
Vice President / ISO Relations
4000 Hollywood Blvd
Hollywood , FL 33021
954-641-8756 (office) /305-785-2548 (cell)
888 472 2933 fax
jstrelzik@flashadvance.com