[FUNDITNOW]

Is anyone else having issues with them. I cant seem to get anyone on the line for the last 2 weeks. Anyone have a solid point of contact they can provide?

Thanks.

[BROKER TIME]

Is anyone else having issues with them. I cant seem to get anyone on the line for the last 2 weeks. Anyone have a solid point of contact they can provide?

Thanks.

yes

but not sharing because than they will be to busy to answer you

[FUNDITNOW]

My ISO rep is Jennifer Moncada but i cant get her or anyone else on the line.

[DTFdowntofund]

That's Knight for you.

[Chargers]

Is anyone else having issues with them. I cant seem to get anyone on the line for the last 2 weeks. Anyone have a solid point of contact they can provide?

Thanks.

Their called Knight because they put your files to sleeeeeeeep. :-)

[swiftcloser]

.....

[MLS]

Their called Knight because they put your files to sleeeeeeeep. :-)

this was amazing!!! dead on

[mcaguru]

Their called Knight because they put your files to sleeeeeeeep. :-)

well than there is Midnight

[ryan $]

This seems to be a recurring topic brought up with knight.

Ive never funded a deal with them so i wouldnt know. Never even submitted a deal to them.

[WestCoastFunding]

This seems to be a recurring topic brought up with knight.

Ive never funded a deal with them so i wouldnt know. Never even submitted a deal to them.

Love knight, but it’s getting bad. Submit a file and you might get an approval/decline in an hour, or you may not hear anything from them again about the file. The last month or two it’s been frustrating.

[J.Celifarco]

Love knight, but it’s getting bad. Submit a file and you might get an approval/decline in an hour, or you may not hear anything from them again about the file. The last month or two it’s been frustrating.

then why do you continue to work with them?

[Michael I]

Yes they are insane slow, like they ran out of money slow. The odd thing is some files move fast and fund in 1-2 days and others you hear nothing. Or they fund and then take a week to deposit. Recently it's been worse.

this week i have a file in from last week that is in limbo where no one is calling merchant . but yesterday i got signed docs on a different file and they funded it in 2 hours.

[WestCoastFunding]

then why do you continue to work with them?

Haven’t funded with them in a month. I truly believe there’s money issues.

[WestCoastFunding]

this week i have a file in from last week that is in limbo where no one is calling merchant . but yesterday i got signed docs on a different file and they funded it in 2 hours.

Notice that their limbos end up turning into declines that they don’t tell you about?

[kingcash555]

great funder

[Big Mack]

If you don't hear back from Knight, do you automatically send the file to Everest?

[FUNDITNOW]

It's almost like they went from having 40 employees to 5 no one answers the phone there or emails. The system will just generally declined every deal for *the following:

Merchant is at risk of becoming over-leveraged.(Over-leveraged)

[Christian]

It's almost like they went from having 40 employees to 5 no one answers the phone there or emails. The system will just generally declined every deal for *the following:

Merchant is at risk of becoming over-leveraged.(Over-leveraged)

*Funder is at risk of becoming over-leveraged.

[rdgllc]

Is anyone else having issues with them. I cant seem to get anyone on the line for the last 2 weeks. Anyone have a solid point of contact they can provide?

Thanks.

We don't always have a smooth experience with Knight, but we just had a client e-sign a contract at 10pm last night. Merchant interview at 11am this morning. Funded an hour later.

I learned that you have one shot per day to schedule the merchant interview between Knight and client. If the client misses it, don't expect Knight to try to call again until the next day which could be at 4 or 5pm the next day for all you know. As long as your client is prepped and knows what to expect in final underwriting and doesn't miss any calls, it'll be smooth (unless something shows up on background of course).

Hope this helps.

[ThomasF]

I just did a deal with knight today, shot out the doc, offer within the hour, signed docs shortly after and then funded. The whole process took no longer than 4 hours.

On the other hand, Knight has been very bad with communication lately. But they always come in with a very aggressive offer, just prep your merchant by telling him this could take 24-48 hours.

[Michael I]

Notice that their limbos end up turning into declines that they don’t tell you about?

you were right .so 2 weeks later finally got the update that the decision logic showed it was fraud . not sure why they couldn't just answer me that instead of having me follow up a million times .
side note in my ten years of doing this ,that is only my second time that a fraud merchant actually did the bank verification