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  1. #1
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    Quote Originally Posted by J.Celifarco View Post
    that post is from 2013 doesnt exactly hold a lot of weight for me, especially if that was their leasing company. different business
    what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

    http://leasingnews.org/archives/Oct2..._21.htm#growth

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

    http://leasingnews.org/archives/Oct2..._21.htm#growth
    again that is all info from 2013
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
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    Quote Originally Posted by fundingsmbs View Post
    what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

    http://leasingnews.org/archives/Oct2..._21.htm#growth
    that's half a decade old
    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

  4. #4
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    Quote Originally Posted by mcaguru View Post
    that's half a decade old
    Or 30 renewals ago.

  5. #5
    Senior Member Reputation points: 54989
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    Quote Originally Posted by WestCoastFunding View Post
    Or 30 renewals ago.
    I don't live in that clock zone but i like your thinking !
    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

  6. #6
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    Quote Originally Posted by fundingsmbs View Post
    what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

    http://leasingnews.org/archives/Oct2..._21.htm#growth

    "In introducing Windset Capital, Barry Shafran, President, CEO of Chesswood Group said, "Many U.S. banks can no longer afford to consider loans under $250,000 due to their high internal administration and regulatory costs."

    Barry Shafran added, "“To meet the rapidly growing demand by small business for timely access to capital, in an environment where many banks simply will not transact, we have launched Windset Capital.""

    That one didn't work out.

  7. #7
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    Quote Originally Posted by fundingsmbs View Post
    what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

    http://leasingnews.org/archives/Oct2..._21.htm#growth
    They originated the loans and sold them. Sort of a common practice.

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