[mbernier]

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?

[fundingsmbs]

the list is getting shorter and shorter with all the shenanigans going on.

[LondonNyc]

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.com

[WestCoastFunding]

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

[Don Dolla]

Wbl

[fundingsmbs]

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

and pay renewals and do not backdoor. that may wipe out 99% of them lol.

[sigmundpannu]

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.

[Martinez N]

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?

Hi,

Check out Luminous Funding BPO and let me know how things go following the event.
http://www.luminousfunding.com/

Thanks!

[BB_Cooper]

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

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

[Karen37a]

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

This is a good company to do business with..

And I do not get anything for saying it( in fact I dont like doing this ...less money for me to fund)...just pointing hard working isos the right way

[Jonathon]

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?

You gotta love OD and those online checkouts.....

[mcaguru]

Cresthill/Mantis. We are funding today a few dozen deals that should say it all.

[DiamondBL]

IOU Pricing/Payout/Turnarund/ $ Amount/ Cali
OnDeck/ Online Checkout
SFS/ Pricing
ACE and KINGS for 2nd/3rds

[skideeppow]

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

SO true. I have my stable, ODC, SFS, Snap., Loan Me.

I get daily calls from people trying to sign me up. A little late to the game, dont you think?

[LCNYS]

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.