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  1. #1
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    Funders Similar to Everest

    What funders are similar to Everest for B - C paper nowadays. I always loved their offers, they removed me because I wasn't submitting enough paper. Pearl is giving me bad offers on stuff that I would normally send to Everest. (1st position, poor credit files)

  2. #2
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    Quote Originally Posted by AMERICApital1 View Post
    What funders are similar to Everest for B - C paper nowadays. I always loved their offers, they removed me because I wasn't submitting enough paper. Pearl is giving me bad offers on stuff that I would normally send to Everest. (1st position, poor credit files)
    Forward is similar U can try KCG

  3. #3
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by Cashman1 View Post
    Forward is similar U can try KCG
    Kings/Kalamata is a step up, especially since the merger

  4. #4
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    Funny you guys said kings...I was thinking the same thing and already sent the file. Who is forward?

  5. #5
    Veteran Reputation points: 134971 Chambo's Avatar
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    FORWARD FINANCING out of BAH-Ston

  6. #6
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Forward / Fundworks

  7. #7
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    Cfgms
    Last edited by Lmonus; 01-11-2019 at 11:52 AM.
    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

  8. #8
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    Yeah, I would go with CFG to replace them.

  9. #9
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    they're good

  10. #10
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    Quote Originally Posted by Lmonus View Post
    CFG 100% is EBF's worst nightmare, i beat them ATLEAST 80% of the time when an iso says they have an EBF offer. Try us out i promise you wont use EBF ever again.
    Do you guys do COJ's on your deals?

  11. #11
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Quote Originally Posted by Chargers View Post
    Do you guys do COJ's on your deals?
    they do but they take a clear copy w/o the physical in house to fund

  12. #12
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    Quote Originally Posted by Chargers View Post
    Do you guys do COJ's on your deals?
    We have actually recently started to steer away from them. We still use them but not as much. It used to be 5-6/10 contracts would come with a COJ, ide say now maybe 1-2/10 come with it.(Scanned Copy's)
    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

  13. #13
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    Quote Originally Posted by Lmonus View Post
    We have actually recently started to steer away from them. We still use them but not as much. It used to be 5-6/10 contracts would come with a COJ, ide say now maybe 1-2/10 come with it.(Scanned Copy's)
    Good to know Sir

  14. #14
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by Cashman1 View Post
    Forward is similar U can try KCG
    u mean Kings cash Group? http://www.kingscashgroupllc.com/ ??
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  15. #15
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    We beat Everest offers everyday. We give quite a bit of weekly payback options as well. B & C 2nd and 3rd's is our sweet spot!

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com

  16. #16
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    Seems like its getting very competitive in the 5-8 month space. We however are probably in the top 2 spots when that box (discussed above) declines a file....!!! we now offer E-Sign for ISO agreement a couple of clicks and you can get your docs back to us..... !!
    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

  17. #17
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    I recently lost a 3rd position offer to another ISO. The best I could muster was 60K with the well known names here. I got beat by Kalamata who came in at 75K. I saw the contract.

  18. #18
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    Knight.

  19. #19
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    Quote Originally Posted by Shorebird View Post
    I recently lost a 3rd position offer to another ISO. The best I could muster was 60K with the well known names here. I got beat by Kalamata who came in at 75K. I saw the contract.
    Next time send the deal to them and downsell and you’ll win!

  20. #20
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    I wasn't with Kalamata, but I am getting on board now. I learned the hard way.

  21. #21
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    Kalamata is giving out 1.26 on 3rds! In most cases lower than the 1st and 2nd.

  22. #22
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    Follow who’s in the bank statements. I see names above that are not very often seen in deals.(in comparison to others that are VERY often).
    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

  23. #23
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    Quote Originally Posted by mcaguru View Post
    Follow who’s in the bank statements. I see names above that are not very often seen in deals.(in comparison to others that are VERY often).
    Is Cresthill in bank statements?

  24. #24
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    Quote Originally Posted by mcaguru View Post
    Seems like its getting very competitive in the 5-8 month space. We however are probably in the top 2 spots when that box (discussed above) declines a file....!!! we now offer E-Sign for ISO agreement a couple of clicks and you can get your docs back to us..... !!
    E sign for ISO agreements? Who cares? How about e-sign for contracts.

  25. #25
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    Quote Originally Posted by VitalCapJeff View Post
    We beat Everest offers everyday. We give quite a bit of weekly payback options as well. B & C 2nd and 3rd's is our sweet spot!

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com
    I wouldnt compare Vital to EBF at All.

    Vital is a Big Step up from Everest Paper. No Offense but i dont think you guys are competing over the same paper.

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