Results 1 to 10 of 10
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07-01-2018, 10:01 PM #1
- Join Date
- Nov 2017
- Location
- Atlanta GA
- Posts
- 20
Calling all iso's
Calling All ISO's!
Farmers Capital is (ISO driven, no sales team), based in Georgia with office locations in Atlanta GA. We are focused on being the most highly efficient and productive lender in the market and are currently looking to expand.
What We Provide.
Lines of Credit 250k ( Partnership with South End and FundBox)
No Restricted Industry Fund all U.S Territories Puerto Rico and Canada
Funding up to $2,000,000.
We offer a variety of competitive programs for A, B, C, D, E-paper, and 1st - 6th position.
Processing Speed's 3-4 hours and fund the same day.
Farmers Capital is currently paying 8-10 Points on every deal.
Pre Requisites.
( Minimum FICO 400, 6 + Months Time in Business , 8 k revenue + a month)
Contact me at 770-655-4144
Email: submissions@farmerscapitalonline.com
Website: Farmers-capital-online.comLast edited by Farmers1; 02-09-2024 at 04:02 PM.
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07-02-2018, 11:02 AM #2
- Join Date
- Jun 2015
- Posts
- 3,326
you are paying 7-12 points getting answers in 3-4 hours on a line of credit that you do thru partnership with southend and fundbox?
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07-02-2018, 11:19 AM #3
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07-02-2018, 10:58 PM #4
- Join Date
- Nov 2017
- Location
- Atlanta GA
- Posts
- 20
Not just with them just for credit lines o use them
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07-02-2018, 11:32 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
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07-03-2018, 05:03 PM #6
- Join Date
- Jan 2014
- Posts
- 1,380
southend (broker) uses fundbox (lender)....why would someone use you (anotoher broker) when they can just go directly to Fundbox? I don't see what person would use a broker that uses a broker that uses a lender they can take their merchant directly to. No to mention to get 250k LOC with Fundbox the merchant has to be doing ridiculous amounts in deposits as they only lend a very small percentage of true revenue when doing lines of credit.
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07-05-2018, 09:46 AM #7Karen37aGuest
The only purpose of going to an Iso or another broker as a go between is because they are supplying you with something ( which this person is not)
1-Leads
2-training
3-desk space or business infrastructure/ reputation
4-underwriting/processing
5-Benefits of syndication and volume
So these Isos/brokers...who should actually be joining YOUR organization or someone else's are constantly trying to recruit established isos and brokersLast edited by Karen37a; 07-05-2018 at 09:49 AM.
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07-05-2018, 10:07 AM #8
- Join Date
- Jun 2015
- Posts
- 3,326
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07-05-2018, 10:39 AM #9
I actually disagree with this.. There are a couple of brokers I use when I need to go to certain banks because of the relationship they have with them. Due to the volume they do with these particular banks their buy rates and commissions are better. I make basically the same money and get better service going through the broker then I would if I went direct. On the flip side their are a number of brokers who use me for the same thing. Everyone has this idea in their head that the only way to get things done is to go direct ands thats just not the case. The right partnerships can save you time and in the long run end up making you more money. Not saying you should do this for all of your deal but for some under the correct circumstances it just makes sense
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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07-05-2018, 11:41 AM #10
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