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08-14-2018, 03:53 PM #1
- Join Date
- Jun 2017
- Posts
- 119
Who Are Some of Your Favorite Lenders and Why?
With all of the new lenders entering this space on what seems to be a daily basis, how do you distinguish who to work with? Are they better and if so, what makes them better than some of the more established ones?
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08-14-2018, 03:56 PM #2
- Join Date
- Feb 2018
- Posts
- 1,349
the list is getting shorter and shorter with all the shenanigans going on.
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08-14-2018, 03:58 PM #3
- Join Date
- Aug 2017
- Location
- NYC/Miami
- Posts
- 112
Who: APP group International is My fav.
Reason: Bc I work for them. They don't have in-house sales/brokers
What makes them better: They don't Backdoor & are competitive to YS & similar firms
My dream: World peace & free kit kat's
eli@appfunding.comLast edited by LondonNyc; 08-14-2018 at 05:42 PM.
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08-14-2018, 04:24 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
I don’t mess with the new ones because 99% of them are just white labeling standard 1.49s paying 8-10 points. Funders I like most:
1) do bulk of underwriting upfront
2) use Docusign
3) will gather docs/stips directly from merchants
4) Do NOT use COJs
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08-14-2018, 04:35 PM #5
- Join Date
- Dec 2017
- Posts
- 397
Wbl
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08-14-2018, 04:36 PM #6
- Join Date
- Feb 2018
- Posts
- 1,349
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08-14-2018, 04:39 PM #7
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
I hardly try new companies
Credibly- Good A/B Lender-upfront underwriting, quick closing via Docusign and Fast funding
IOU-Good rates, simple interest if you can fit into their underwriting box
Libertas, and Quarterspot are also on my go to list.
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08-15-2018, 07:32 AM #8
Hi,
Check out Luminous Funding BPO and let me know how things go following the event.
http://www.luminousfunding.com/
Thanks!Nadia Martinez | MCA Leads Pro
Business Development Manager | info@mcaleadspro.com
Live Transfers | Realtime Call Back | Aged Leads
www.mcaleadspro.com
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08-15-2018, 10:32 AM #9
- Join Date
- Jun 2014
- Posts
- 541
When it comes to high risk files, Cooper incorporates all 4 of these practices. And instead of 1.499, most of our offers go out at a 1.32 to 1.34 buy rate-
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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08-15-2018, 10:34 AM #10Karen37aGuest
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08-15-2018, 11:37 AM #11
- Join Date
- May 2014
- Posts
- 187
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08-15-2018, 01:56 PM #12
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill/Mantis. We are funding today a few dozen deals that should say it all.
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
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08-15-2018, 03:37 PM #13
IOU Pricing/Payout/Turnarund/ $ Amount/ Cali
OnDeck/ Online Checkout
SFS/ Pricing
ACE and KINGS for 2nd/3rdsJonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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08-15-2018, 05:59 PM #14
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
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08-16-2018, 01:23 PM #15
- Join Date
- Jun 2015
- Posts
- 19
SOS Capital - Cheap buy rates, quick underwriting and Fast funding, and best of all the is the communication.
Funded there a deal once in 4 hours, 1.18 buy rate over 12 months.
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