Silver cup funding, consolidations
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  1. #1
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    Silver cup funding, consolidations

    Direct funder or iso?

  2. #2
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    Quote Originally Posted by zonefund View Post
    direct funder or iso?
    ISO. Besides having a janky website, they also have issues with spelling. From their site:

    “As both a directed source of funding and
    the country’s largest ISO network, we have numerous in-house funders that concentrate
    on specific industries/businesses, while also having numerous funding partners within the MCA
    industry who fund our “outside-the-box” deals”

    http://silvercupfunding.com/

    It’s all crap. They’re brokers.
    Last edited by WestCoastFunding; 01-13-2019 at 09:30 PM.

  3. #3
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    There are a sh*t ton of Companies claiming to do consolidations or reverse consolidations. I swear - use the search button on the top right and search "consolidations"

    Since 2015 this has been a talk and there are constant Companies that claim they do consolidations for MCAs but DO NOT. If they say they do CONSOLIDATIONS - Unsecured - or Reverse Consolidations - know there are only 3 credible Companies right now (Jan 2019) that can do a reverse within a weeks time. THIS DOES NOT COUNT YOU IN-HOUSE "My Company does this too!" - IF they do it more "in house" they don't count because those Companies do NOT give their outside partners the same advantage and ask the questions and REQUEST what is needed to qualify for one.

    PM me your email and i'll send training this week on submission qualification and guidelines for the Companies and send you to them directly to sign up as an ISO.
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

  4. #4
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    Quote Originally Posted by Zonefund View Post
    Direct funder or iso?
    Also feel this name will be in hot water as well. Silver Cup Studios?
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

  5. #5
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    Quote Originally Posted by WhoisKingsley View Post
    There are a sh*t ton of Companies claiming to do consolidations or reverse consolidations. I swear - use the search button on the top right and search "consolidations"

    Since 2015 this has been a talk and there are constant Companies that claim they do consolidations for MCAs but DO NOT. If they say they do CONSOLIDATIONS - Unsecured - or Reverse Consolidations - know there are only 3 credible Companies right now (Jan 2019) that can do a reverse within a weeks time. THIS DOES NOT COUNT YOU IN-HOUSE "My Company does this too!" - IF they do it more "in house" they don't count because those Companies do NOT give their outside partners the same advantage and ask the questions and REQUEST what is needed to qualify for one.

    PM me your email and i'll send training this week on submission qualification and guidelines for the Companies and send you to them directly to sign up as an ISO.
    Yeah, brokers claiming they are funders that do consolidations is the newest marketing ploy for ISOs to get stacking leads. It’s all bull****.

  6. #6
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    ^ so true

  7. #7
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    100% direct .. i did 1.5 million in reverse already in January with them ..i could be asswhole and tell you guys he is an iso to keep you away but i like the guy..( avi )

  8. #8
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    we do reverses ... very low risk but must login every single week to verify account, what a pain

  9. #9
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    All very interesting. We have a client doing $1M per month- in growth mode- that took on over $1m in advance debt behind a term loan.

    We have coordinated a revolver (LOC) to take out the term note (and save the client 10k per month), and a portion of the advances (still 850k in balances). Have had conversations with several Funders, and their Underwriting to consolidate the balance is not based on increased cash flow, an inter-credit agreement, or or even available assets to attach to.

    Consolidations cannot be done in a vacuum. Each situation is unique as each company is. Until a Funder truly understands the path in which the client will no longer need advances there will not be a true solution.

    We deploy our own capital (purchase of future receivables up to 150k) on consolidations- when we KNOW the money is a Bridge to a long term solution. We are not interested in being a 'Direct Funder' but rather a direct solutions provider. If the client/broker wants a real solution- we are happy to give an honest assessment- and provide one if/when it makes sense to do so. Our partners earn twice on those deals- once on the Bridge and then again on the long term solution.

    Touch base for assistance..

    Richard Gusmano, Managing Director
    Business Capital Consultants
    3237 Route 112
    Medford NY 11763

    rg@businesscapitalconsultants.com

  10. #10
    He's a direct funder. I have done a couple of regular deals with him and some reverses as well

  11. #11
    He is direct funded a 200k reverse with him in December

  12. #12
    Last edited by SarahG; 07-09-2020 at 04:10 PM.

  13. #13
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    8 reverses in the last 30 days, eh?
    First posts for both marky mark and SarahG.
    Admin, please IP-address check these guys please

  14. #14
    Shady recognize shady

    Iso recognize iso

    They are iso

  15. #15
    Never seen the need to post before I know he's a real Funder Funded a nice deal with him thought I would recommend others to him. and yes pls check my IP.

  16. #16
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    Quote Originally Posted by marky mark View Post
    Never seen the need to post before I know he's a real Funder Funded a nice deal with him thought I would recommend others to him. and yes pls check my IP.
    It's nice you made a new account to post this.

  17. #17
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    Quote Originally Posted by SarahG View Post
    He is a direct funder ! I have funded 8 reverse deals with him in the last 30 days and a few 2nd & 3rd positions as well.
    Amazing team to work with - They get things done!!
    Beautiful. New account. U must work there.

    Gracias

  18. #18
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    Quote Originally Posted by Don Dolla View Post
    we do reverses ... very low risk but must login every single week to verify account, what a pain
    Which company are you with? Need someone other then par...

  19. #19
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    They are brokers. Their website says they use outside sources to fund.

  20. #20
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    Quote Originally Posted by abfunders View Post
    8 reverses in the last 30 days, eh?
    First posts for both marky mark and SarahG.
    Admin, please IP-address check these guys please
    sarah green funds more in her sleep then any of you did or will do your in life .. juts saying

  21. #21
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    and that was part of the millions i did with him

  22. #22
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    Quote Originally Posted by shieldfunding View Post
    sarah green funds more in her sleep then any of you did or will do your in life .. juts saying
    Ah hah. If that's the Sarah you introduced me to and she's connected with you, then I stand corrected.

  23. #23
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    damn right

  24. #24
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    and shabbat shalom my freind

  25. #25
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    Quote Originally Posted by abfunders View Post
    Ah hah. If that's the Sarah you introduced me to and she's connected with you, then I stand corrected.
    Micah, do you mean she funds a lot of deals as an iso?

    Iso reps dont make **** if shes an iso rep. God bless the poor souls with that job.

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