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06-07-2018, 11:45 AM #1
ISO Managers Shoutouts
Seems like all this site is used for is painting a black eye on brokers and lenders. But with every dozen bad seeds in the industry, there's a good one. Yes we all know which lenders are good to work with, but which rep do you want handling your files? Here's my favorite people in the industry:
1st Global - Kevin D. - Literally the only reason I use 1st Global. Their underwriting is, for lack of a better word, odd. Things seem to fall through the cracks, but Kevin is ALWAYS on top of every deal, no matter the size, pushing things through and getting deals for you funded.
AJ Equity - Matt S. - Matt was an ISO of mine when I was at a direct lender, now the tables have turned. Seems to have a lot of pull with the head underwriter and always keeps you in the loop with your deals.
CFGMS - Dave G. - Maybe this is special treatment because we knew each other in our college days, so obviously I had to board with him. But he does a great job. Has good relationships with the in-house funders and gets things done quickly.
EIN Cap - Rob G. - Yeah this list might get a bit repetitive, but this guy does everything he says he will. I've never had a rep get stips waived as often and terms extended as much as 20 days as often as Rob. Especially with them funding up to 750k now, Rob typically gets first look on all my files.
Fundkite - Sal M. - Yes, there's currently a thread over an apparent backdoor by this company. I personally don't believe it, but to each their own. Sal has literally saved multiple dead deals for me, and always comes through with what I request upon submission.
Mantis/Cresthill - Mike D. - Love this guy, if an offer gets sent out that I don't receive he calls me to see if it works. Real honest guy, never once have I had a problem with efficiency at Mantis/Cresthill. (Again), extremely transparent and always on-top of files, no longer the size.
Pearl - Rebecca B. - Constant follow-ups, never let's a deal die, and best of all, very patient. Some lenders expect docs to come back instantly, not Rebecca. If it's not her, somebody from Pearl is always working with me to get deals funded.
Simply - Moe - Really cool guy, yet very hard working. Haven't done much business with him but his eagerness and work on the few deals we submit is fantastic. I literally chase deals for their wheelhouse a little bit harder to get deals with them done.
The Smarter Merchant - David K. - Honest guy, let's me know about competition. Pushes things through and always gets me paid quickly.
And that's that. If you think I missed anybody throw in a comment. I have purposely left a few guys out as per their request, so direct lenders I probably already work with you.
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06-07-2018, 11:50 AM #2
- Join Date
- May 2014
- Location
- California
- Posts
- 341
Mike Daniels at Mantis is definitely cream of the crop.
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06-07-2018, 11:53 AM #3
- Join Date
- Mar 2016
- Posts
- 904
David Gold coming in Hot - Good job man.
Thank you,
Lior Monus
CFG Merchant Solutions
Direct: 516-319-5826
Lmonus@cfgms.com
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06-07-2018, 11:55 AM #4
- Join Date
- May 2018
- Posts
- 44
Thank you! AJ Equity funds high risk deals and we pride ourselves on being a smaller funding shop. We have a close relationship with all of our ISO's and we do everything we can to get every approval funded! If interested in signing up with us, send me an email at matthew@ajequity.com
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06-07-2018, 12:18 PM #5
- Join Date
- Dec 2017
- Posts
- 9
Thanks for the shout out! At CFG we take pride in our close relationships with our ISO's. Feel free to contact me if interested in learning more about CFG at dgold@cfgms.com
David Gold – ISO Manager
Office: (646) 895-6879
Cell: (908) 770-7937
Email: dgold@cfgms.com
180 Maiden Lane, 15th Floor, New York, NY 10004
www.cfgmerchantsolutions.com
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06-07-2018, 12:19 PM #6
whats I find amazing is that I am in the industry for over 10 years and I have only worked with one bank on this whole list and there are a few on here I have never heard of. Its amazing how much this industry has expanded.
*********Not looking for any new banks just making a point***********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
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06-07-2018, 12:20 PM #7
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06-07-2018, 12:26 PM #8
- Join Date
- Aug 2014
- Location
- New York
- Posts
- 61
ISO Managers Shoutouts
Really happy to see a shout out to Mo at Simply Funding. He was recently promoted and now oversees the entire relationship management department. His email is mofarhadi@simplyfunding.com. Contact him anytime.
And great job to all of the other ISO managers mentioned. It's nice to see positive feedback.
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06-07-2018, 12:27 PM #9
- Join Date
- Dec 2015
- Posts
- 601
No, thank you guys. You make www.dumbleads.com proud to generate business for y’all, through our shared intermediaries.
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06-07-2018, 12:32 PM #10
Mantis/Cresthill - Mike D. - Seems like I need to change my Rep. She is hot but no good for me.
Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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06-07-2018, 12:33 PM #11
- Join Date
- May 2018
- Posts
- 44
Competition is a good thing. For a company like us to keep up with all the other banks, we have to really go above and beyond. We also know that in order for us to win a new ISO over, we sometimes have to be a little crazy on our approvals. I'm gonna add my signature in this post for anyone who wants to give me a call to discuss what kind of deals we fund.
Matthew Sitro
1779 - 51st Street
Brooklyn N.Y. 11204
Office: 212-645-1835 ext 103
Cell: 845-649-0306
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06-07-2018, 12:41 PM #12
- Join Date
- Feb 2018
- Posts
- 1,349
are these all second position + companies and low credit high risk stuff? Haven't heard of most of them accept Pearl, but, their ISO management guys landed at KCG. Do these companies have institutional money or just a private investor looking for some yields. how has your renewal portfolio been with them?
Last edited by fundingsmbs; 06-07-2018 at 12:44 PM.
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06-07-2018, 12:49 PM #13
- Join Date
- Aug 2014
- Location
- New York
- Posts
- 61
ISO Managers Shoutouts
Simply Funding targets weak 1st and strong 2nd's. Up to 12 months. $250k max. We are very aggressive in the food and hospitality industry, healthcare, and manufacturing. 1/3 of our deals are splits or lockboxes too. But instead of waiting for the credit card processor to verify the first batch being deposited, we fund the deal and begin collecting via ACH. The ACH will automatically turn off when the first batch comes in. This usually saves 1 to 4 business days.
We split with 12 processors including Square.
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06-07-2018, 12:53 PM #14
- Join Date
- Dec 2015
- Posts
- 601
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06-07-2018, 12:55 PM #15
- Join Date
- Dec 2013
- Posts
- 4,713
With all these compliments I'm about ready to throw my Prozac out the window !
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
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06-08-2018, 02:58 PM #16
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06-08-2018, 03:27 PM #17
- Join Date
- Dec 2013
- Posts
- 4,713
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
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06-08-2018, 05:11 PM #18
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
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06-08-2018, 05:44 PM #19
- Join Date
- Jun 2018
- Posts
- 9
Thanks... I appreciate the shout out!
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06-11-2018, 08:36 AM #20
They're a bit all over, but I specifically shouted out individuals who handle my files personally. Some of the bigger, cleaner lenders just have a department and no specific rep.
As for the source of funds, no idea, I don't ask.
And as for renewals, some just do the renewal and pay me out, others give me a heads up that it is time.
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