[fundingsmbs]

Surprised Forward didn't make this list at all?

their rates go into the 1.50-1.60! over 3-5 months once you add commissions?

[J.Celifarco]

Guys has there ever been a list where we can rate on a objective was the Funders and share some of their non disclosed practices (Short Pay on renewals , Always sending short on commissions , killing the deals on Funding calls due to QC or Strict UW , poor customer service for merchants , clawback practices .... and many more)

Over the past 6 years i have worked and funded with the following , Ive had many great experiences and plenty of terrible ones . I would love to Share them for those who care about a reference on these funders

Ill Start from Top of the food chain to bottom

Funding Circle - who gets approved here???
Ondeck -- Hands down the fastest and prob the best funder
CAN Capital -- CLOSED - Lots of good experiences for a lot but for me it was just bad ones
Swift -- Closed and they would teach you how hard can it be to fund any deal but did fund some
MCC / BIZFI / credibly - There were Ok , now there's to many that do the same terms rates to bother if your not signed up
Snap Advances - Credit Committee is a tough one for them but if your deal passes their internal scoring and CC. then you probably will get funded
BFS -- OMG these guys are Almost like SBA on the amount of paperwork they need to fund a deal and also have Credit Committee
MCA -- Maybe Closed? They were some of the first ones to offer super high rates for higher risk deals
Quarterspot -- They Let your merchant know how much you get paid on the contract so thats a no no or a deal breaker for many
GRP
IOU
Windset Capital -- Closed , but they were the best one up to 100k
Strategic Funding
Mulligan Funding -- Per their own team , cut the approvals by half and sell that just to be safe ha ha ...
Rapid Advance
Knight Capital
Greenbox -- Strict Clawback Policy , ISO signs a personal Guarantee and Merchants get charges an extra 3% if they don't renew with them , most of commission come short so you got to look out for that
Everest
Kalamata / KCG
New Era
Legend --Pretty Good B paper
UFS -- If they approve they are Excellent and pay you fast
Divergent Capital -- Pretty Good C paper
Yellowstone - Kings of the COJ and funding , Anthony is the Man there
Pearl capital - Don't waste your time here
Atlas / Midnight Advance -
Quicksilver - Small Deal funder
Vader - Small deal funder @ 1.50 or more for 3 or 4 months
Mantis / Cresthill - 1.48 @ 80 Payments
Fundworks -- hope they closed because they suck

I can keep adding details but this is a start . We can add funders if someone cares to share experiences

why so many companies. A lot of these funders do the same thing. How can you hit any kind of volume bonus if you are spreading deals all over the place like this and why would anyone want to work with you? Maybe its me but to have this many funding partners is crazy in my opinion

[mcaguru]

Thanks for the Cresthill/Mantis Plug.... We are getting trampled with Submissions last few weeks and the "outgoing commission lists" keeps growing !

NOT working with us yet??


..Sign-up today! ISO agreements are now all E-SIGN...

[fundingsmbs]

1.48/80 days? ^ what deals take this

[mcaguru]

1.48/80 days? ^ what deals take this

Mantis goes longer than 80 days and Cresthill goes even longer.

[DTFdowntofund]

1.48/80 days? ^ what deals take this

I've seen 1.49 12 / 18 days. 420k. And 350k. Sick

[fundingsmbs]

12 to 18 days??

[microboby]

why so many companies. A lot of these funders do the same thing. How can you hit any kind of volume bonus if you are spreading deals all over the place like this and why would anyone want to work with you? Maybe its me but to have this many funding partners is crazy in my opinion

John this is the experiences I've had over the Last 6 Years , some of these companies are out of business , some I don't send deals anymore and some I do on a constant basis . The industry changes fast and you have to adjust the proper way . Yes there are some that want you to have a min funded deals so they don't drop you . I have been dropped too but on my own opinion the most important thing is to have ISO's that have a low or non default ratio . Keeping healthy and renewable accounts for a long term. Thats where the value is after all.

[WestCoastFunding]

Mantis goes longer than 80 days and Cresthill goes even longer.

81.48 days.

[Finance Guru]

If anyone would like to sign up with us, please email me and I will get you boarded with us ASAP.
We fund deals from $2,500 - $250,000 and up to 12 months doing daily and weekly payment options.
Looking forward to funding your deals!

[Nunya]

Mantis goes longer than 80 days and Cresthill goes even longer.

Cresthill funds?

[Jayson Yunason]

You’ll all be adding Mr Advance in the near future, try us out I’ll gladly give the best service I can. No funny business
Jayson@mradvancellc.com

[DTFdowntofund]

12 to 18 days??

420k, 1.49 - 18 days
350k, 1.49 - 12 days

same merchant. same day. give you one guess who was behind that one.

[DTFdowntofund]

81.48 days.

lmao

[mcaguru]

starts with an F ?

[DTFdowntofund]

JB

[fundingsmbs]

420k, 1.49 - 18 days
350k, 1.49 - 12 days

same merchant. same day. give you one guess who was behind that one.

what a scam that offer is. wow.

[Nunya]

Cresthill funds?

hmmm...

[DTFdowntofund]

what a scam that offer is. wow.

This is a snippet of this guy's balances / daily payments (On Deck is weekly). Guy is paying 66k daily, and 340k weekly here.. & this isn't even the worst of it, he also had 3-4 others in the mix at one point. One of the crazier deals I've seen in a while.

debt schedule joe.JPG

[abfunders]

Richmond + Influx + Megacap
Braun + Davis + Reich (not necessarily in that order)

No surprise there.....

[Jayson Yunason]

Lmk if you’re looking for a reverse
Jayson@mradvancellc.com

[WestCoastFunding]

This is a snippet of this guy's balances / daily payments (On Deck is weekly). Guy is paying 66k daily, and 340k weekly here.. & this isn't even the worst of it, he also had 3-4 others in the mix at one point. One of the crazier deals I've seen in a while.

debt schedule joe.JPG

Guess they aren’t going to get renewed from OnDeck

[Nunya]

Lmk if you’re looking for a reverse
Jayson@mradvancellc.com

2019-01-31_170353.png

[DTFdowntofund]

Lmfao.. dead.

& thank you so much Mr. Advance. But believe it or not, I know how to fund deals too.

[SmartAdvanced]

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