BizFund?
Need a Funder or Vendor? START HERE

Results 1 to 23 of 23
  1. #1
    Senior Member Reputation points: 5036 DiamondBL's Avatar
    Join Date
    Oct 2015
    Location
    Beverly Hills, CA
    Posts
    203

    BizFund?

    Any 411 on them would be greatly appreciated -
    (Actual $ amounts? / Process? / Quality? anything... etc)
    Thanks in advance -
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

  2. #2
    Senior Member Reputation points: 226388
    Join Date
    Feb 2017
    Posts
    3,397

    I just sent you their ISO packet they sent me.

  3. #3
    Senior Member Reputation points: 5036 DiamondBL's Avatar
    Join Date
    Oct 2015
    Location
    Beverly Hills, CA
    Posts
    203

    Quote Originally Posted by abfunders View Post
    I just sent you their ISO packet they sent me.
    Yes.. that's why I asked the forum... 600K weekly pays? Anyone close that with them?
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

  4. #4
    They are New Era, or at least used to be known as New Era. 4-8 month deals, 1.41 - 1.49 sell rates.

  5. #5
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    I used to Fund alot with New Era - weren't they Genesis at one point? Or maybe that was Nextwave's former name. I dunno, all these companies are confusing enough - then with the name changes....it gets ridiculous

    I also thought New Era became a Platform style broker like Funding Floorish
    Last edited by ryan $; 08-22-2018 at 09:08 AM.

  6. #6
    always looking for an excuse to kill a deal at the end

  7. #7
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    Quote Originally Posted by DiamondBL View Post
    Yes.. that's why I asked the forum... 600K weekly pays? Anyone close that with them?
    I can do the same terms, higher funding amount - if you have something that qualifies. let's get something done.
    Anthony Diamond
    Underwriter

  8. #8
    Senior Member Reputation points: 676
    Join Date
    Feb 2017
    Posts
    157

    We would beat their terms

  9. #9
    Senior Member Reputation points: 54977
    Join Date
    Dec 2013
    Posts
    4,713

    Will take a look and fund same day. Lately we have an entire funding room from morning to night funding calls all day! with that said i have not hear bad word about bizfund.
    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

  10. #10
    I was considering bizfund and wanted to know if you had any bad experiences with them?

  11. #11
    They aren't bad, they are more competitive for 3rd and 4th positions than for 1st and 2nd. max term is 7 months and i don't believe they offer more than 300-400K. I deal with Lea over there and she is great.

    office line for her is 646-351-1597
    Last edited by Samuel23; 12-18-2018 at 11:10 AM.

  12. #12
    I've funded plenty with Bizfund. Solid, fast approvals. They are great to work with, and they will work with you to get a deal done.

  13. #13
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    New Era? Don’t they share an address with other shady outfits?

  14. #14
    Senior Member Reputation points: 107104
    Join Date
    Aug 2016
    Posts
    827

    They are the iso side of new era.

  15. #15
    "New Era? Don’t they share an address with other shady outfits?"


    I've heard the same thing. But unless someone has documentation or does a site inspection can't really tell for sure

  16. #16
    Quote Originally Posted by RickyR3712 View Post
    They are the iso side of new era.
    They used to be New Era. They legally changed their name and fund under Bizfund

  17. #17
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by Samuel23 View Post
    They used to be New Era. They legally changed their name and fund under Bizfund
    New company. Same backdoor.

  18. #18
    Quote Originally Posted by WestCoastFunding View Post
    New company. Same backdoor.
    can't say I've ever experienced them backdooring a deal (or at least didn't catch them) but yea basically

  19. #19
    Senior Member Reputation points: 338265
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,473

    Quote Originally Posted by WestCoastFunding View Post
    New company. Same backdoor.
    new way to make money in MCA: Be the guy that paints the new name on the front door and oils the hinges on the back door....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  20. #20
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by Samuel23 View Post
    can't say I've ever experienced them backdooring a deal (or at least didn't catch them) but yea basically
    Lets put it like this, they’re address is:

    2373 Mcdonald Avenue, Brooklyn, NY 11223.

    Go ahead and do a streetview of that address. Then note that there is a company called Green Note Capital Partners. Green Note's address:

    2367 McDonald Avenue, Brooklyn NY, 11223.


    That address comes directly from Green Note's ISO agreement.

    Green.png


    They claim to be different companies and not affiliated. Remembering what that street looks like, do you believe they aren’t connected?
    Last edited by WestCoastFunding; 12-20-2018 at 03:24 PM.

  21. #21
    Senior Member Reputation points: 305760
    Join Date
    Jun 2015
    Posts
    3,320

    Quote Originally Posted by RickyR3712 View Post
    They are the iso side of new era.
    i thought that was biz advance ?

  22. #22
    Quote Originally Posted by WestCoastFunding View Post
    Lets put it like this, they’re address is:

    2373 Mcdonald Avenue, Brooklyn, NY 11223.

    Go ahead and do a streetview of that address. Then note that there is a company called Green Note Capital Partners. Green Note's address:

    2367 McDonald Avenue, Brooklyn NY, 11223.


    That address comes directly from Green Note's ISO agreement.

    Green.png


    They claim to be different companies and not affiliated. Remembering what that street looks like, do you believe they aren’t connected?
    i actually know who they are. They have a different back door shop that i caught. not affiliated.

  23. #23
    Senior Member Reputation points: 38639 patrickw's Avatar
    Join Date
    Mar 2017
    Posts
    590

    Quote Originally Posted by ADiamond View Post
    I can do the same terms, higher funding amount - if you have something that qualifies. let's get something done.
    check pm
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility


DIRECTORY