Results 1 to 13 of 13
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08-06-2014, 11:31 AM #1
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- Mar 2014
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- 6
Best High Risk Funders????
What is everyone's opinion on the best high risk funding companies out there???
Ones that would do 2nd, 3rds, 4ths and 5ths....
Ones that have no problem with restricted SIC codes???
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08-06-2014, 11:35 AM #2
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
What is YOUR definition of High Risk? Do you mean high risk or conditional industries? or High Risk as in they've been through some bad times and/or bank statements are wonky? Yellowstone is an obvious for all of your High Risk... SIC code restrictions and good ending balances or files that just make sense I would send to Greenpoint Group ($10k or higher)... Pearl...
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08-06-2014, 11:36 AM #3
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- Apr 2014
- Posts
- 64
I believe Ocean Financing will go out to a 5th position
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08-06-2014, 11:38 AM #4
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- Apr 2014
- Posts
- 64
Do you have contact info for Greenpoint Group?
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08-06-2014, 12:34 PM #5
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- May 2014
- Posts
- 317
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08-06-2014, 01:40 PM #6
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- Jun 2013
- Posts
- 351
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08-07-2014, 12:14 AM #7
- Join Date
- Jul 2014
- Posts
- 8
Send your deals to us. We wont go above 3rd position and do have some SIC restrictions but we can probably beat out most companies terms withing our guidelines.
Hit us up at iso@neweralending.com
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08-07-2014, 02:58 PM #8
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
New funder that is pretty good is Fusion Capital, they will go out to 3,4th position. Approvals are fast, within couple hours of submission, and we've been funding deals with them 24-48 hours after first submitting the file
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08-07-2014, 08:54 PM #9
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- Nov 2013
- Posts
- 600
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08-08-2014, 09:32 AM #10
- Join Date
- Apr 2014
- Posts
- 92
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08-08-2014, 10:53 AM #11
- Join Date
- Jun 2014
- Posts
- 541
Cooper is indifferent to SIC codes. As far as 2,3,4th, etc, it's simply a question of whether the merchant's revenue can sustain the daily payments.
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg
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08-08-2014, 11:37 AM #12
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
I can attest, My experience with Cooper has been top notch thus far. Most companies will provide all the positions and work with the industries needed. When dealing with HR/2nds it's communication and honest underwriting that's most important to me. It's hard to get speed, communication and decent commission at one place, Cooper has proven themselves thus far.
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08-08-2014, 04:25 PM #13
- Join Date
- Dec 2013
- Posts
- 4,713
PM me, ill make the intro to an exclusive High Risk Funding Company that pays around 12% on the funded / same on the renewals.
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