Results 1 to 24 of 24
-
01-28-2019, 05:27 PM #1
- Join Date
- Apr 2015
- Posts
- 21
Funding circle alternative
Who is alternative to funding circle sense they are not taking on any ISO's?
-
01-28-2019, 06:14 PM #2
- Join Date
- Jun 2013
- Posts
- 351
Fundation
-
01-28-2019, 07:24 PM #3
Bluevine, Kabbage, Loan Me, Fundbox. Credibly is said to be coming out with a similar product 1st quarter
-
01-28-2019, 07:37 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 728
You obviously never funded with FC. From the above list Fundation is the closet to Funding Circle. We use to place half over million a month with FC. Their rates usually placed around 8-12% monthly payments 5 year notes.
BLUV, kabbage, and loanme are DIFFERENT PRODUCTS with much higher rates.
Fundation we do deals with them but they are not as aggressive as FC and their offers are much lower. If you cannot get signed up with Fundation message us and we can help .
We also have some banks that we can work with for term loans with monthly payments
BenLast edited by omegafund; 02-14-2019 at 02:59 AM.
-
01-29-2019, 11:45 AM #5
- Join Date
- Feb 2018
- Posts
- 1,349
You placed $500K a month with FC and they no longer accept your business? nobody else on that list goes out 2-5 years with rates FC charges.
-
01-29-2019, 12:14 PM #6
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
Lendisty is comparable
-
01-29-2019, 12:35 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
I believe a few more companies are coming to market.....
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
-
02-13-2019, 12:35 PM #8
- Join Date
- Feb 2019
- Posts
- 18
I work with a hedge fund they give loans up to 10M max rate is 15% APR over 3 years. They pay peanuts but are ok if you charge a fee from the merchant. Keep in mind since it's a loan it can not be a % fee it needs to be a flat fee depending on the dollar amount. If you are interested feel free to reach out to me with any questions. We just need tax returns to fund.
-
02-13-2019, 12:53 PM #9
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Just tax returns to fund? ehhh no. Sitting with a hedge manager who just chuckled.
Tax return is needed for sure - but possibly 2-3 years back. P&L - being positive of course - and MCA debt/issues arent an issue and if the MCA overleverage/debt shows a loss on the PL it is OK - If the business has AR - there is a lot that can be overlooked.
$1M min funded to no cap - 3-5 year term - full expectation upon initial interview with the business owner and review of due diligence package.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.
-
02-13-2019, 12:54 PM #10
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
-
02-13-2019, 12:56 PM #11
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
-
02-13-2019, 01:38 PM #12
- Join Date
- Oct 2016
- Posts
- 4,318
-
02-13-2019, 03:58 PM #13
- Join Date
- Jan 2014
- Posts
- 1,375
-
04-09-2019, 06:33 PM #14
- Join Date
- Dec 2013
- Posts
- 4,713
see below
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
-
04-09-2019, 06:34 PM #15
- Join Date
- Dec 2013
- Posts
- 4,713
As stated a few months ago!
http://www.abladvisor.com/news/16096...usiness-growthMarcus 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
-
04-10-2019, 10:15 AM #16
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
-
04-10-2019, 11:46 AM #17
- Join Date
- Dec 2013
- Posts
- 4,713
My Gutt is Bluevine will eventually eat many A papers lunches -- i am not wishing for that -- I am just stating what i believe will be taking place...they know how to fund a deal they know how to acquire and market to merchants and better then allthey know how to raise capital!!
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
-
04-10-2019, 12:09 PM #18
- Join Date
- Aug 2016
- Posts
- 831
-
04-10-2019, 12:23 PM #19
- Join Date
- Dec 2013
- Posts
- 4,713
I like when we agree on something! Thank god my great grandfather and his brother agreed on Manhattan real estate in the 1940's the concept of "agreement" can bring out great things!!
Last edited by mcaguru; 04-10-2019 at 12:25 PM.
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
-
04-10-2019, 03:50 PM #20
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
BlueVine has done a great job penetrating the market.
OnDeck I shorted a while back and made a nice chunk of change. I am considering going long in my trading account. The balance sheet paints an interesting picture as does the income statement. I will probably wait until they post their next quarterly. What's interesting about the stock....nobody cars....no volume.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
04-10-2019, 04:21 PM #21
- Join Date
- Dec 2013
- Posts
- 4,713
I follow ONDK stock like a pilot follows the runaway. I was hoping for a long time that several players would scoop up the firm like a CIT / First Data / Intuit /Paypal / shopfi / to name a few (let alone the banks!) since market cap is tiny ...Yet No one seemed to come forward...
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
-
04-10-2019, 08:04 PM #22
- Join Date
- May 2016
- Location
- San Francisco & New York City
- Posts
- 75
OnDeck's opex as a % of revenue seems to be trending well, but I have a hard time seeing the business drive materially more leverage from the S&M line items. I agree - one could argue stock looks cheap vs. book value.
I'm waiting to see how their new equipment lending product and ODX play out...Last edited by matt.estes; 04-11-2019 at 02:58 PM.
-
04-11-2019, 02:54 PM #23
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Shorted 50K in lots of 5K at an average of 14.51ish....my short was covered by a stop by at 4.57ish. I thought about starting to buy at 7, but never hit the button. Waiting for next Qs earnings...
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
04-11-2019, 06:58 PM #24
- Join Date
- Dec 2013
- Posts
- 4,713
Shorting is very dangerous when its a startup and an industry disruptor play. ondeck can be a play not because of the value but because a competitor does not want the other guy owning it ..(as crazy as it sounds it happens from time to time). Broadcast.com (mark cuban) yahoo bought because of a rumor netscape or aol was coming in for the buy.
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
Similar Threads
-
Funding Circle underwriting/funding time expectation
By Christian in forum Business LoansReplies: 11Last Post: 05-31-2018, 03:45 PM -
Funding Circle Alternative
By CFSCCorp in forum Deal BinReplies: 9Last Post: 02-14-2018, 05:08 PM -
Funding Circle
By Fly in forum Merchant Cash AdvanceReplies: 1Last Post: 07-24-2017, 05:02 PM -
Funding Circle -
By LoanShark714 in forum Merchant Cash AdvanceReplies: 6Last Post: 06-07-2017, 04:36 PM -
Funding Circle WOES...Looking for alternative Lender
By JHausen in forum Business LoansReplies: 12Last Post: 06-25-2015, 10:29 PM