Results 1 to 25 of 26
Hybrid View
-
07-13-2017, 08:18 AM #1
- Join Date
- May 2017
- Posts
- 5
Yellowstones competition?
I recently read how Yellowstone funded over $40M last month. They tend to approve files that most other lenders decline quite often, which is great for an ISO that wants to do volume.
I was wondering if anyone has other lender options to submit to that would be willing to take a look at those type of files?
Who is yellowstones main competition?
-
07-13-2017, 08:39 AM #2
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
That's your cue, Marcus!
-
07-13-2017, 09:06 AM #3
-
07-13-2017, 09:50 AM #4
- Join Date
- Jun 2015
- Posts
- 3,326
the best thing i find is the other high risk funders i have tell me they wont do as bad as yellowstone yet they give me way more approvals then yellowstone does. i miss the old yellowstone
-
07-13-2017, 12:44 PM #5
- Join Date
- Dec 2015
- Posts
- 26
Michael, the old yellowstone is here. Ive been here for 3.5 years. Let me know if you want to take a shot.
-
07-13-2017, 12:48 PM #6
- Join Date
- Jun 2015
- Posts
- 3,326
-
07-13-2017, 01:14 PM #7
ok so that means YSC can now afford to be more selective with their files and all of the new shops popping up dying to get money out will fund your trash. doesn't mean YSC is doing something wrong now compared to what they used to do.
i've said it before and i'll say it again ysc is a powerhouse and a leader in our industry which us simpletons can only strive to become.Anthony Diamond
Underwriter
-
07-13-2017, 02:19 PM #8
Im shutting down my brokerage and working directly for Yellowstone. I will source my own leads. Just fund it faster than anyone else and I will be happy. Im moving to NY from STL. Issac do I really need a resume or do you want some one who can source their own deals and close them. #trackrecord
-
07-13-2017, 09:52 AM #9
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 201
I guess we're "competition" because we're also in the high risk space and like to work with other funders and find homes for their declined files. The only difference is we do not believe in stacking, don't charge any fees, or require any COJs. I believe there are a handful of folks on here that already work with us and others who have inquired because they're starting to see us on more and more bank statements. Shoot me an email if you're interested, I'd be happy to tell you more about us.
-
07-13-2017, 10:17 AM #10
- Join Date
- Jun 2013
- Posts
- 19
They don't have competition. Yellowstone has a trading platform and the house always wins. The ones that lose are the in house funders who put up a % of the deal and pay Yellowstone fees.
If one in house funder declines a deal for lets say criminal background, another in house funder may do the deal. Whereas at a "competitor" once its declined, it remains declined.
In house funders come and go but house remains the same
-
07-13-2017, 10:34 AM #11
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
-
07-13-2017, 10:36 AM #12
I have been getting better offers from a funder on the same Street as yellowstone.
-
07-13-2017, 10:59 AM #13Karen37aGuest
I always thought ( guessed ) they worked more like 7 different funding "arms"..partially self-funding, different underwriters ( with additional funds ) almost the equivalent of 7 companies rolled into one.
Last edited by Karen37a; 07-13-2017 at 11:08 AM.
-
07-13-2017, 11:14 AM #14
Yellowstones competition?
All I can tell you is this guys, last month we funded a shade under 1600 deals for our iso's
-
07-13-2017, 11:40 AM #15
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
-
07-13-2017, 11:20 AM #16Karen37aGuest
uh ooo Isaac is watching...let me brag about my 20-30 deals funded ha
Off to go get a piece of the pie $$
-
07-13-2017, 11:26 AM #17
In my mind I just saw and heard a mic dropped as he walked off stage! lol
-
07-13-2017, 11:37 AM #18
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
-
07-13-2017, 11:53 AM #19
- Join Date
- Jan 2014
- Posts
- 1,380
nothing against Yellowstone they have funded some madness for me in the past but I would also reach out to Lior over CFG merchants. He is the truth and gets it done.
-
07-13-2017, 03:34 PM #20
Yellowstones competition?
Let's see what you got
-
07-14-2017, 03:17 PM #21
- Join Date
- Dec 2013
- Posts
- 4,713
I believe in subprime we are in the top few spots. (Aside from me on DF.. our model is to be the sleeping competitor).
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
07-17-2017, 10:59 AM #22
Yellowstone is like a best seller book. Its has all the advertising. Its not like the book is the best written book or the most informative. YSC just has some great advertising and great sales guys but in reality there are other funders that offer better programs. That is just from my experience.
-
07-17-2017, 11:05 AM #23
If you have the right product at the right time at the right cost, it makes no difference who may have a better product.
-
07-17-2017, 01:41 PM #24
- Join Date
- Aug 2016
- Posts
- 831
-
07-17-2017, 05:03 PM #25
Similar Threads
-
Okay so ... rip me apart because of competition but,..best target industries?
By CthulhuNJ in forum Merchant Cash AdvanceReplies: 7Last Post: 04-20-2017, 03:22 PM -
Be On The Right Side Of The Wall, And Beat The Competition!!!
By iso@wallfunding in forum PromotionsReplies: 0Last Post: 08-24-2016, 11:40 AM -
ISOs WANTED:Annihilate the competition...2nd and 3rd positions starting at 1.20!!!
By edsoyfer in forum PromotionsReplies: 5Last Post: 05-15-2015, 12:57 PM