Sub 500 Fico - Page 2
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  1. #26
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Anyone who named companies have you ever even funded under 500 credit with these companies or are you just naming companies because its cute to name companies, because half the ones people listed said upon submission below required FICO (500)
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  2. #27
    Try Ace funding. You can sign up today!!!

  3. #28
    Member Reputation points: 2379
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    Quote Originally Posted by ACEFUNDING View Post
    Try Ace funding. You can sign up today!!!
    ACE Funding are you a division of GETTY Advance or are they a broker of yours?

  4. #29
    Senior Member Reputation points: 54989
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    Mantis factually funds Sub 500 credit profiles
    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

  5. #30
    Quote Originally Posted by Eagle Funding View Post
    Anyone who named companies have you ever even funded under 500 credit with these companies or are you just naming companies because its cute to name companies, because half the ones people listed said upon submission below required FICO (500)
    FICO is purposely not included in Cooper's scoring model. And I relatively certain all the competitors CraaCraa named routinely fund below 500 FICO's. After all anyone can fund A&B deals, most of us appreciate an ISO shop margin's are largely determined by the % of the C,D and worse type files they fund-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  6. #31
    They're one of our ISOs

  7. #32
    Quote Originally Posted by EBLM View Post
    ACE Funding are you a division of GETTY Advance or are they a broker of yours?
    They're one of our ISOs

  8. #33
    Senior Member Reputation points: 5933
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    Quote Originally Posted by Eagle Funding View Post
    Who would dare touch a sub 500 fico client? Statements are decent, 80% CC colume.
    I would do it. Send it to isaac@orangeadvance.com
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  9. #34
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Eagle Funding View Post
    Who would dare touch a sub 500 fico client? Statements are decent, 80% CC colume.
    Sub 500, as in 485-495? Or sub 500 as in 425 - 450?

  10. #35
    Senior Member Reputation points: 13812
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    We do not run credit, not even a soft pull, nor does it play into our underwriting decision. As someone said earlier though, we are a 1st position-only funder. If they have an existing position, we can move forward if they can net 50% after pay-off. Multiple positions is a no.

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