[Nunya]

Curious to know who's considered a stable Funder? Not looking for names of Funders, more-so the qualities that would determine a "stable Funder"

Here's what I look for for in stable funders.
1. Long time in business. Not some pop up shop/flavor of the week funder. Everybody's a funder now, don't you know?
2. Where do they get their capital? The legit big guys press release their capital raises. If they disclose who's lending to them, that's a good sign they've gone through diligence/audits.
3. Reasonable offers. I never worked with 1st Global but heard they were writing some questionable paper. If the offers don't make sense, that funder won't be making offers for very long.

[NoBigDeal]

Here's what I look for for in stable funders.
1. Long time in business. Not some pop up shop/flavor of the week funder. Everybody's a funder now, don't you know?
2. Where do they get their capital? The legit big guys press release their capital raises. If they disclose who's lending to them, that's a good sign they've gone through diligence/audits.
3. Reasonable offers. I never worked with 1st Global but heard they were writing some questionable paper. If the offers don't make sense, that funder won't be making offers for very long.

All of these make sense, but I don't find many subprime Funders that meet these qualifications.
It's all syndicates money with a few that have one main source of credit (but it's usually their uncles brothers rich cousin)

[Nunya]

All of these make sense, but I don't find many subprime Funders that meet these qualifications.
It's all syndicates money with a few that have one main source of credit (but it's usually their uncles brothers rich cousin)

Much easier to find these qualities in first position shops. Insituional money gets queazy around multi-position operations