Looking to become a iso for business loans
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  1. #1

    Looking to become a iso for business loans

    We are looking to become a iso with someone where we can send ACTUAL BUSINESS LOAN files. Any places that you guys might recommend.
    Last edited by Infoqq; 12-07-2017 at 12:08 PM.

  2. #2
    Senior Member Reputation points: 15507
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    Hu?
    High risk paper

  3. #3
    and the record for most replys on a post on df goes to..

  4. #4
    Senior Member Reputation points: 217975
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    Are you looking for a TERM loan?

    We need more information!
    Gross monthly
    Net yearly
    Credit
    Industry
    Use of funds (will help you get a better pin-pointed loan, rather than just "cash")
    Industry
    Credit of principals
    State

  5. #5
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    Quote Originally Posted by Infoqq View Post
    We are looking to become a iso with someone where we can send ACTUAL BUSINESS LOAN files. Any places that you guys might recommend.
    cardinal equity

  6. #6
    Senior Member Reputation points: 50583
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    Business Funding Exchange.
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

  7. #7
    Senior Member Reputation points: 81657
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    Quote Originally Posted by Infoqq View Post
    We are looking to become a iso with someone where we can send ACTUAL BUSINESS LOAN files. Any places that you guys might recommend.
    What type of loan files?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  8. #8
    Senior Member Reputation points: 11170
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    Quote Originally Posted by Infoqq View Post
    We are looking to become a iso with someone where we can send ACTUAL BUSINESS LOAN files. Any places that you guys might recommend.
    You're prob getting blown up - but cardinal equity - most established broker out there, trust wise, plus they fund deals when they have enuff $ in house too...

  9. #9
    nulook

  10. #10
    Senior Member Reputation points: 6278
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    Quote Originally Posted by capfront View Post
    nulook
    Nulook Capital Has Filed Chapter 11 no?

  11. #11
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    Quote Originally Posted by mikem View Post
    Nulook Capital Has Filed Chapter 11 no?
    MarketPlace

  12. #12

    Advanced Funds Network

    Quote Originally Posted by Infoqq View Post
    We are looking to become a iso with someone where we can send ACTUAL BUSINESS LOAN files. Any places that you guys might recommend.
    We work with ISO's on a daily if you're still interested let me know I'd love to help

    Rafi Benor
    T: (718) 226-0122
    F: (888) 297-6362
    E: RafiB@afnllc.com
    Last edited by rbenor97; 12-12-2017 at 03:53 PM.

  13. #13
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    Hi my name is Thomas i am with Prosperum Funding. You can email me at tenright25@gmail.com or call me at (862)888-3235 I can help you.

  14. #14
    Senior Member Reputation points: 5036 DiamondBL's Avatar
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    Funding Circle has been really solid for real business loans.
    Fundation and Lendistry come close seconds to them in our experience~
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

  15. #15
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    SBA loans: once a month principle and interest payment, 10 yr. term & no prepayment penalty. $125k is only $1468/month. 727-233-1111
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  16. #16
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    Quote Originally Posted by Yankeeman07 View Post
    SBA loans: once a month principle and interest payment, 10 yr. term & no prepayment penalty. $125k is only $1468/month. 727-233-1111

    Yankeeman07 is correct. Depending on collateral (or lack thereof up to 350k) the SBA does offer some great options for clients when traditional banks need the SBA (75% guarantee) to help them write the checks.

    Understanding the plans available, limits, and how collateral is viewed is the key towards placing them. Have patience however. Even with the Express program expect at least a month to get a deal done (and that is if the borrower is on top of their reporting data, and their landlord-if applicable-is willing to sign the subordination document).

    Closing a $1M facility this week that previously had 5 cash advances (and a combined payment of $135k monthly-almost $7000 per day). Their new payment will be $11,740.10 PER MONTH. Honestly took almost 90 days to get it done, with several twists and turns related to their existing debt.

    RG

    www.businesscapitalconsultants.com
    Last edited by RichardGerard; 01-07-2018 at 11:32 AM. Reason: adding color

  17. #17
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    I can assist you with this please contact me if you want to get things done forreal.

    Kathryn De La Torre
    Director Of Finance
    (646) 491-6581

    kathrynd@prosperumfunding.com

  18. #18
    Senior Member Reputation points: 81657
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    More like watching paint dry The flip side is that when a merchant qualifies, the cost of capital is much lower
    than traditional MCA's & commission is much lower, but, the merchant in the long run will be in much better financial shape.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  19. #19
    Hi! I have been an ISO for 17 years and have closed tens of millions of dollars in loans. I have many, many contacts in this business and have learned there are many ways to fund a deal. If you'd like to send me your deals, I'll split commission 50/50 with a contract. Because you are new,most of your deals will sit on someone's desk, and may or may not get looked at and sent to Underwriting. With me, I have direct contact with Underwriters and people who own the lending companies, so you'll make money with me.

    Let me know if you are interested in talking further. send me your contact info, please: info@fundswired.com

  20. #20
    If you are in need of someone who can actually get your deals funded, my company funds between 20-25 million monthly. Feel free to contact me www.straightcashcapital.com and go to partner page. I will touch base with you as soon as i receive your info.

  21. #21
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    LiftForward provides an alternative source in this space. While companies like FC and Lendistry are sound choices, LiftForward provides term loans and lines of credit up to $2,000,000 in 7-10 business days. Our model is (creditworthiness, business cashflow and collateral RE). Nationwide no restrictions, rates in the mid-high teens and fairly generous compensation to our ISO partners.

    Give me a call directly to discuss how we can assist.

    Sean Najieb
    LiftForward
    sean@myliftloans.com
    917.477.6534

  22. #22
    Hey-- My names Elliot. I’m a new Funder with Ace, pls email me any deals you're looking to get funded outside.

    I’ll take everything you got; high risk is not a problem. I don’t care how many positions the merchant has already...

    Email me for an ISO agreement. Elliot@acefundingllc.com

  23. #23
    Are you a business owner? Real Estate investor?
    Perhaps you need funds for your personal needs.
    Worry no more, we have got you covered.
    Our loan programs ranges from Real Estate Investment loans
    including long term and short term loans for fix and flip projects,
    buy and hold, commercial properties etc.
    Our Business loan program is design to help start-ups,
    grow your business, expand and asset purchases.
    Need a Personal loan? Feel free to contact us.
    Our rates are unbeatable, friendly, and processes are very swift and
    time sensitive!
    E-mail: enetfinancialserviceinc7@gmail.com
    contact@e-netfinancialservice.com
    website: www.e-netfinancialservice.com

  24. #24
    Send me 2nd, 3rd, 4th position deals. funding funding funding ALL DAY LONG elliot@acefundingllc.com

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