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  1. #1
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Direct Lenders!

    Hi Guys!

    Just need some suggestions about the Direct Lender to submit my deals. I roughly submit 30-40 deals a month.
    Please suggest except Ondeck, Yellowstone, Mantis, WBL, Fundworks.

    I need suggestions for
    Who would be the best lenders for micro deals?
    Who would be the best lenders for 3rd-4th positions?
    Who would be the best lenders for A-files?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  2. #2
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    For A+ paper first position I love National, IOU, and GRP.

    For A paper first/second position I typically go with Credibly, Lendr, Strategic, Snap, Quarterspot, The Smarter Merchant, 1st Global, and Rapid Advance.

    For second/third A- B paper I'd suggest InAdvance, EIN CAP, Everest, Pearl, and sometimes Accord.

    For everything else, I dabble with Lendini, CFG, Daka, SOS, and TVT.

    For reverse consolidations I've been doing some crazy ones with FundKite and PAR.

    For most of these lenders I can put you in touch with a great ISO rep. Probably missed a bunch but I'm sure other ISOs have some great suggestions. Hope I was able to help.
    Last edited by gaxisa; 01-26-2018 at 10:59 AM. Reason: forgot some stuff

  3. #3
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by gaxisa View Post
    For A+ paper first position I love National, IOU, and GRP.

    For A paper first/second position I typically go with Credibly, Lendr, Strategic, Snap, Quarterspot, The Smarter Merchant, 1st Global, and Rapid Advance.

    For second/third A- B paper I'd suggest InAdvance, EIN CAP, Everest, Pearl, and sometimes Accord.

    For everything else, I dabble with Lendini, CFG, Daka, SOS, and TVT.

    For reverse consolidations I've been doing some crazy ones with FundKite and PAR.

    For most of these lenders I can put you in touch with a great ISO rep. Probably missed a bunch but I'm sure other ISOs have some great suggestions. Hope I was able to help.
    Thanks a lot man! that helps a lot.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  4. #4
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    Sent you a PM
    Hedley Lamarr......That's Hedley

  5. #5
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Reach out to get signed with Fundkite!!

    Mark Fuchs
    ISO Relations, Fundkite
    t: 929-999-6400 |
    mark.f@fundkite.com | 212-952-0001, ext 1018
    Last edited by Funder Mark; 10-15-2022 at 11:45 PM.

  6. #6
    For A paper, Can Capital has a app only option now without banks I heard that gives you prequals in 20 minutes. Not sure how its working but its all automated like an ODC portal you key in data and it generates offers. Banks will have to match gross.

  7. #7
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by patrickw View Post
    Hi Guys!

    Just need some suggestions about the Direct Lender to submit my deals. I roughly submit 30-40 deals a month.
    Please suggest except Ondeck, Yellowstone, Mantis, WBL, Fundworks.

    I need suggestions for
    Who would be the best lenders for micro deals?
    Who would be the best lenders for 3rd-4th positions?
    Who would be the best lenders for A-files?
    A Files

    National
    IOU (P2P)
    Quarterspot (P2P)
    Business Backer
    Snap Advance
    GRP/BFS (2 different funders)
    Seacoast

    2nd & 3rd
    Vital Cap
    Premier Capital Funding
    Everest
    Hunter Caroline
    Everest
    Infinity Capital
    1st Global


    Just to name a few off the top of my head, if you click on my debanked link that is on my signature you will find so many lenders from debanked, but in this industry you have so so many more,,,
    Last edited by CraaaCraaa Radio; 01-26-2018 at 11:49 AM.
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  8. #8
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by CraaaCraaa Radio View Post


    A Files

    National
    IOU (P2P)
    Quarterspot (P2P)
    Business Backer
    Snap Advance
    GRP/BFS (2 different funders)
    Seacoast

    2nd & 3rd
    Vital Cap
    Premier Capital Funding
    Everest
    Hunter Caroline
    Everest
    Infinity Capital
    1st Global


    Just to name a few off the top of my head, if you click on my debanked link that is on my signature you will find so many lenders from debanked, but in this industry you have so so many more,,,
    Thanks a ton.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  9. #9
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    For your 2nd - 3rd pos (B-C) paper, CFG will blow anyone out of the water.

    We are not your "Everything Else" Funder.

    EIN Cap doing A-B paper? LMFAO! InAdvance? I never see them in bank statements.

    When it comes to B-C the only funders who will actually Fund and compete with eachother are CFG, YSC, EBF, Mantis - THATS IT. Wouldnt recommend anyone else.

    Feel Free to call.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com

  10. #10
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    Quote Originally Posted by lmonus View Post
    for your 2nd - 3rd pos (b-c) paper, cfg will blow anyone out of the water.

    We are not your "everything else" funder.

    Ein cap doing a-b paper? Lmfao! Inadvance? I never see them in bank statements.

    When it comes to b-c the only funders who will actually fund and compete with eachother are cfg, ysc, ebf, mantis - thats it. Wouldnt recommend anyone else.

    Feel free to call.

    Thank you,

    lior monus
    cfg merchant solutions
    direct: 516-319-5826
    lmonus@cfgms.com
    lior - you clearly know your stuff!
    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

  11. #11
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by Lmonus View Post
    For your 2nd - 3rd pos (B-C) paper, CFG will blow anyone out of the water.

    We are not your "Everything Else" Funder.

    EIN Cap doing A-B paper? LMFAO! InAdvance? I never see them in bank statements.

    When it comes to B-C the only funders who will actually Fund and compete with eachother are CFG, YSC, EBF, Mantis - THATS IT. Wouldnt recommend anyone else.

    Feel Free to call.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com
    I concur. CFG is currently offering some new programs and I in fact was a bit stunned. I've know Lior for years, trustworthy individual and we have made tons of money together.
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  12. #12
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Quote Originally Posted by Lmonus View Post
    For your 2nd - 3rd pos (B-C) paper, CFG will blow anyone out of the water.

    We are not your "Everything Else" Funder.

    EIN Cap doing A-B paper? LMFAO! InAdvance? I never see them in bank statements.

    When it comes to B-C the only funders who will actually Fund and compete with eachother are CFG, YSC, EBF, Mantis - THATS IT. Wouldnt recommend anyone else.

    Feel Free to call.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com
    They just sent me an email with a new program, 160 days max term, 400k max funding amount, 1.28 buy rate with an upsell to 1.40. So yeah, I'd say that qualifies for A-(minus)/B paper. InAdvance pulls as Crestview.

    If you have better programs then what I'm used to seeing, please send me a DM so I can have my rep email me them.
    Last edited by gaxisa; 01-26-2018 at 01:42 PM.

  13. #13
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by Lmonus View Post
    For your 2nd - 3rd pos (B-C) paper, CFG will blow anyone out of the water.

    We are not your "Everything Else" Funder.

    EIN Cap doing A-B paper? LMFAO! InAdvance? I never see them in bank statements.

    When it comes to B-C the only funders who will actually Fund and compete with eachother are CFG, YSC, EBF, Mantis - THATS IT. Wouldnt recommend anyone else.

    Feel Free to call.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com
    i will look forward to it
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  14. #14
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by patrickw View Post
    i will look forward to it
    Who do you send your consolidation files to? Or merchants that are over leveraged with positions and need help?

    Like a fresh start program?
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  15. #15
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    Quote Originally Posted by gaxisa View Post
    They just sent me an email with a new program, 160 days max term, 400k max funding amount, 1.28 buy rate with an upsell to 1.40. So yeah, I'd say that qualifies for A-(minus)/B paper. InAdvance pulls as Crestview.

    If you have better programs then what I'm used to seeing, please send me a DM so I can have my rep email me them.
    100% Brokered your deal out.

  16. #16
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    mark you pay off 7 positions ...its really not fair to the number 8 ... it just does not get treated as well as his younger brother 7....
    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

  17. #17
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by mcaguru View Post
    mark you pay off 7 positions ...its really not fair to the number 8 ... it just does not get treated as well as his younger brother 7....
    If you have a client with 8 positions, send it in, as long as it looks good and meets our underwriting guidelines!! I will say, the 8th position traditionally has given us the most problems...

  18. #18
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by mcaguru View Post
    mark you pay off 7 positions ...its really not fair to the number 8 ... it just does not get treated as well as his younger brother 7....
    ⌚ hhhhm mmm... lmao
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  19. #19
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    A little surprised Prosperum hasn’t made anyone’s list.

  20. #20
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    Quote Originally Posted by Funder Mark View Post
    If you have a client with 8 positions, send it in, as long as it looks good and meets our underwriting guidelines!! I will say, the 8th position traditionally has given us the most problems...
    Yes, think about it, it does make sense because it’s actually one more than seven
    High risk paper

  21. #21
    Karen37a
    Guest
    See shows you what I know...( I dont know everything) I thought the 8th 9th position guys were the debt relief guys hiding like a wolf in sheep's clothing or they had a paper confetti fetish...liked stacks and stacks to shred it to make confetti.

    Id like to know the underwriting requirements on that and you can pm me or email if you like..

    I dont really go past 2 ...but hey you never know
    Last edited by Karen37a; 01-26-2018 at 05:12 PM.

  22. #22
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    Quote Originally Posted by WestCoastFunding View Post
    A little surprised Prosperum hasn’t made anyone’s list.
    they will be back on here under a different name soon enough.. clowns.

  23. #23
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    Quikstone for credit card split deals.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  24. #24
    Whats the issue with your Yellowstone rep?

    I will do 3-6 month Yellowstone deals.

    Let me know if interest for conversation.

    Eli Dahan
    Funder
    P:347-623-1444
    F:646-398-5651
    E:eli@yellowstonecapllc.com

  25. #25
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    Quote Originally Posted by Lmonus View Post
    For your 2nd - 3rd pos (B-C) paper, CFG will blow anyone out of the water.

    We are not your "Everything Else" Funder.

    EIN Cap doing A-B paper? LMFAO! InAdvance? I never see them in bank statements.

    When it comes to B-C the only funders who will actually Fund and compete with eachother are CFG, YSC, EBF, Mantis - THATS IT. Wouldnt recommend anyone else.

    Feel Free to call.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com
    InAdvance FUNDS Buddy

    Yaa dont see RAPID ADVANCE in Statements either. (SBFS)
    Sooo.....
    Last edited by ryan $; 01-31-2018 at 09:10 AM.

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