[zcgdirect]

Who is alternative to funding circle sense they are not taking on any ISO's?

[funding pro]

Fundation

[DTFdowntofund]

Bluevine, Kabbage, Loan Me, Fundbox. Credibly is said to be coming out with a similar product 1st quarter

[omegafund]

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

Ben

[fundingsmbs]

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.

[Christian]

Lendisty is comparable

[mcaguru]

I believe a few more companies are coming to market.....

[Lendera]

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.

[WhoisKingsley]

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.

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.

[Davincinc]

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.

name of your company and website and contact info?

[Davincinc]

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.

gettem.

[WestCoastFunding]

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.

First off, this is all bull****. Secondly, why wouldn’t the broker be able to charge a percentage fee, considering that’s how brokers typically get paid when brokering loan products?

[Sachip24]

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.

lmao yea just need tax returns to fund up to 10m..ok.

[mcaguru]

see below

[mcaguru]

I believe a few more companies are coming to market.....

As stated a few months ago!

http://www.abladvisor.com/news/16096...usiness-growth

[Christian]

As stated a few months ago!

http://www.abladvisor.com/news/16096...usiness-growth

Only max 12 month term? Barely a term loan

[mcaguru]

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!!

[RickyR3712]

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!!

Agreed plus they know how to answer threads and to keep their iso in the loop unlike mantis.#peak solution#caught emailing merchants behind iso back

[mcaguru]

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!!

[Kevin Henry-Seacoast]

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.

[mcaguru]

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...

[matt.estes]

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.

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...

[Kevin Henry-Seacoast]

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...

[mcaguru]

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.