[DTFdowntofund]

I've seen that file

[SmartAdvanced]

Editt

[morgan.quinn]

This. It’s amazing how far down I’ve edited my list of funders. Got to keep the dealflow right in order to guarantee they don’t **** you. And they will **** you if given the chance.

Wow, its sad that this is a real concern. I've paid a full renewal commission to a guy that wasn't even in MCA anymore-- It was the only file he had ever submitted, and we hadn't talked to him a single time in the ten months since he originally submitted the file. lol

Of course, low submission volume could be due to all sorts of things- Maybe the broker doesn't have a lot of deal flow themselves; Maybe they're only sending you certain kinds of deals that come across their desks; Maybe you're just not competitive enough; etc. Whatever the reason, it'll never make sense to screw someone over that quite literally brings business to your front door-- Just screwing yourself out of a potentially wonderful relationship later.

[fundingsmbs]

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.

Attachment 2339

We see on deck on banks with plenty of stacks behind them. that should concern their vestors

[SmartAdvanced]

Edit

[SmartAdvanced]

Edit .

[JakeS]

Flash Advance has been funding for yrs . Same policies today that we had way back when we started funding.
1- All files underwritten upfront ( 99% of contract requested are funded)
2- Always pay full on renewals
3- commissions go out next day after the merchant receives their funds
4- No submission minimum requirements
5- We don't cut off ISO's for defaults . We approve it we live with it !!!!

Feel free to reach out if you are not currently signed up .

[Cyrileskenazi]

90% of that list not funding anymore.

[FunYouMan]

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

anyone have time or patience to update this list with current funders?

[fundingdaily]

If you are you looking for a very aggressive micro lender for the arsenal feel free to send it our way, Infusion specializes in micro deals. I will have an approval for you within 30 minutes and fund same day! All I need is one shot to show you what our offers look like!!! I will fund VERY HIGH RISK. We are QUICK and EFFICIENT.

We fund micro deals, no credit check even if it's a previous default. We are funding small deals $500 to $8,000. No first positions deal. If the merchant can afford a payment we will give an offer.

If you have any questions please don't hesitate to call or text! 646-481-4583
Email drew@infusioncapital.org


Thank you for giving me the shot to earn your business

[Mattspin]

Spartan Capital
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


Here's an updated list.

I'm bias but Spartan Capital will fund your deals quick and we value our partners.



Matt Spinelli
ISO Manager
Spartan Capital
201-907-4042
matt@spartancapitalgroup.com

[TeamFund]

Spartan Capital
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


Here's an updated list.

I'm bias but Spartan Capital will fund your deals quick and we value our partners.



Matt Spinelli
ISO Manager
Spartan Capital
201-907-4042
matt@spartancapitalgroup.com

Chrome is best funder for large 4th, 5th and 6th position funding.

[VitalCapJeff]

VitalCap is a B&C paper funder. We are ISO driven with no internal sales.

Reach out and I'll get a copy of our guidelines over to you.

[mycmoneyman]

Fundura Capital Group will fund your C-H paper form 50-500K.
We fund past defaults.
Reach out for our updated funding guidelines and commission structure.
Good luck!