Results 1 to 11 of 11
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11-28-2018, 10:32 AM #1
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- Jan 2014
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- 1,375
Anyone else having issues with B-d paper type lenders
I don't want to turn this into a Lender bash but past few weeks anything that has been not A paper has been an uphill battle with some of our lenders that would typically not have issues. Are a lot of lower tier lenders running out of money or something?
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11-28-2018, 10:39 AM #2
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- Jun 2018
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- 462
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11-28-2018, 10:48 AM #3
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- Apr 2018
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- 94
agreed
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11-28-2018, 10:49 AM #4
Going out on a limb here, but all the B-D paper lenders typically have a COJ. Maybe its because of this smear campaign against the industry?
Gary Axisa
Blue Streak Capital, Inc.
PM me for my email
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11-28-2018, 11:01 AM #5
for those level deals Everest, 1st Merchant, and Knight are my go to banks
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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11-28-2018, 11:02 AM #6
- Join Date
- Dec 2013
- Posts
- 4,713
I cant talk about other firms financial situations. However Mantis Funding got the capital to fund all the B-Zzz paper the market is willing to send our way!
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
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11-28-2018, 11:06 AM #7
- Join Date
- Jun 2014
- Posts
- 541
Cooper is a C/D funder and does not use a COJ. But there are many of competitors on this board doing the same everyday-
It seems like this thread is addressing issues with a a few specific funders-
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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11-28-2018, 11:07 AM #8
- Join Date
- Oct 2016
- Posts
- 4,318
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11-28-2018, 11:11 AM #9John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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11-28-2018, 11:17 AM #10
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- Oct 2016
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- 4,318
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11-28-2018, 11:55 AM #11
- Join Date
- Dec 2013
- Posts
- 4,713
Don't forget Mantis's Micro-Funding-Program COJ Not required.
just about any industry -OK
SUB 500 -OK
12 weeks in business -OK
Homes Based -OK
NSF's -OK
Funds Hour or so after contract back-in!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
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