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06-12-2017, 12:53 PM #1
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- May 2017
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- 8
New Era Lending
Let's take a look at your papers A, B, C & D papers. We are direct lenders offering 1st to 4th position. We offer syndications, never backdoor your deals. Top commissions paid. Aggressive approval. Max terms 3-9 months, Max amount $250k. Give us an opportunity what are you waiting for? got a stack of papers others declining send them our way.
www.neweralending.com call us 718-673-6110Last edited by jeff6736110; 06-12-2017 at 01:19 PM.
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06-12-2017, 12:59 PM #2
What is your best 'A' paper offer? On a clean first position, whats your max term, best rate, max size?
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06-12-2017, 01:06 PM #3
- Join Date
- Mar 2016
- Posts
- 335
The fact that a funder feels the need to state "we never backdoor your deals"...........
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06-12-2017, 01:10 PM #4
- Join Date
- May 2017
- Posts
- 8
Yes, we never backdoor any of your deals, how many times your merchants went dark on you because of another lender.
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06-12-2017, 01:08 PM #5
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- May 2017
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- 8
1st position deals would not get long term approvals as we are mostly a 2nd position funder, we can offer funds up to 250K.
30-60% of monthly average revenue (depending on NSF's, daily balance) 80-170 payments.
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06-12-2017, 01:27 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
Wouldn't use New Era for 1st position A paper deals. But they can be competitive on approvals and funding amounts. I don't use them a ton because their terms tend to be a little short if you know where else to look.
With that having been said, if you're going to work with New Era then Jeff is definitely your guy. He knows what he's doing.
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06-12-2017, 01:40 PM #7
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- Aug 2016
- Posts
- 831
Jeff
Seems like a ton of companies are branches of you guys. What are the differences and advantages of you direct.Also where are you located?
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06-12-2017, 01:49 PM #8
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- May 2017
- Posts
- 8
We are located at 2273 Mcdonald Ave. Brooklyn, NY 11223
We have in-house underwriters who push deals out all day long, we fight till the end. We don't broker out any of your deals, you are dealing directly with us, you can syndicate on your deals, we pay up to 12 points.
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06-12-2017, 01:57 PM #9
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- Aug 2016
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- 831
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06-12-2017, 02:31 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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06-12-2017, 02:46 PM #11
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- Jun 2015
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- 3,327
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06-12-2017, 03:09 PM #12
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- Oct 2016
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- 4,318
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06-12-2017, 03:50 PM #13
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- May 2017
- Posts
- 8
I just checked with my back office and I misspoke. Some of the Funders mentioned have used our platform in the past to fund California deals as we are licensed.
As WestCoast mentioned we are good at what we do. If you want deals funded with great commissions and great service please give me a call.
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06-13-2017, 02:50 PM #14
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06-20-2017, 02:04 AM #15
- Join Date
- Oct 2016
- Location
- NYC
- Posts
- 118
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06-13-2017, 05:41 PM #16
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
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06-13-2017, 06:09 PM #17
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- Jun 2015
- Posts
- 3,327
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06-12-2017, 02:00 PM #18
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- May 2017
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- 8
no
Last edited by jeff6736110; 06-12-2017 at 02:41 PM.
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06-12-2017, 02:03 PM #19
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- Aug 2016
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- 831
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06-12-2017, 02:07 PM #20
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- Mar 2016
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- 657
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06-12-2017, 02:15 PM #21
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- May 2017
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- 8
both.
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06-12-2017, 02:25 PM #22
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- Jun 2015
- Posts
- 3,327
oh wow, are we saying that all those names are just syndicators of new era and not actual funders ?
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06-12-2017, 03:01 PM #23
- Join Date
- Oct 2016
- Posts
- 4,318
I've submitted deals to KCG and they send approvals from New Era. I believe that's how they do their Cali stuff.
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06-12-2017, 03:42 PM #24
- Join Date
- May 2017
- Posts
- 8
I just checked with my back office and I misspoke. Some of the Funders mentioned have used our platform in the past to fund California deals as we are licensed.
As WestCoast mentioned we are good at what we do. If you want deals funded with great commissions and great service please give me a call.
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06-12-2017, 08:20 PM #25
- Join Date
- Aug 2014
- Posts
- 49
New Era Lending
Jeff is a superstar and the speed is the key
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