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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    No UCC

    Who are the current Funders that do not file UCC? And show that on their contracts?

  2. #2
    I know Quarterspot will say they do not file UCC with their ISO promotions, but I'm not sure if they explicitly say that on their contracts for the merchants.

  3. #3
    Senior Member Reputation points: 503040
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    Quote Originally Posted by brokerCompany View Post
    Who are the current Funders that do not file UCC? And show that on their contracts?
    There are a bunch that don’t file UCCs unless a default happens. Just not sure it’s mentioned in contracts.

  4. #4
    Senior Member Reputation points: 10109
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    We don't file UCCs unless the file ends up in collections. I don't think this is uncommon.

  5. #5
    Senior Member Reputation points: 69645
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    Most funders don't file UCC's now days until the deal Defaults. They don't want it ending up on a UCC list and have Debt Relief crawl into the deal.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  6. #6
    Senior Member Reputation points: 30475 Zach's Avatar
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    National Funding doesn’t file UCCs up to $250K. Plus their product is excellent, and minimal stips to fund. Hit up Wyatt or Jason there — great guys.

  7. #7
    BusinessBacker never does UCCs ever, but like lmonus said, most don't know until they default

  8. #8
    We don't file UCC unless they default
    Adam Ward
    911 Ave U
    Brooklyn NY 11235
    adam@Funding-Zone
    347-269-1598

  9. #9
    We don't fill a UCC against the business unless they default

    Get signed up and lets FUND

    Roger Price

    Director of ISO Relations
    Fox Business Funding & Fox High Risk

    Direct: 347-539-4041
    Fax: 866.557.0455
    Email: Roger@foxbusinessfunding.com

  10. #10
    Senior Member Reputation points: 86876
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    Quote Originally Posted by Zach View Post
    National Funding doesn’t file UCCs up to $250K. Plus their product is excellent, and minimal stips to fund. Hit up Wyatt or Jason there — great guys.
    BBB lists 46 complaints against them is that average?

    https://www.bbb.org/us/ca/san-diego/...1126-172005860

  11. #11
    Senior Member Reputation points: 9546
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    Quote Originally Posted by brokerCompany View Post
    Who are the current Funders that do not file UCC? And show that on their contracts?
    We do not file UCC

  12. #12
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    National funding does not have great reviews. Wonder if ISos have issues with them.

  13. #13
    Quote Originally Posted by fundingsmbs View Post
    BBB lists 46 complaints against them is that average?

    https://www.bbb.org/us/ca/san-diego/...1126-172005860
    Anybody who lends money is going to have complaints.

  14. #14
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We do not file a UCC either unless the merchant defaults.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com



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