Spring Cleaning
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  1. #1
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    Spring Cleaning

    shortened my list of lenders to the following

    ON DECK
    PRINCIPIS
    KAPITUS
    IOU
    BFS CAPITAL
    QUARTERSPOT
    KNIGHT CAPITAL FUNDING
    YELLOWSTONE

  2. #2
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    Who did you get rid of? and why?

  3. #3
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    Quote Originally Posted by NoBigDeal View Post
    Who did you get rid of? and why?
    got rid of about 5 lenders

    small approvals
    take to long to send approvals
    back dooring etc

  4. #4
    i'd throw Loanme and Rapid Advance in the mix as well.

  5. #5
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    Quote Originally Posted by BROKER TIME View Post
    shortened my list of lenders to the following

    ON DECK
    PRINCIPIS
    KAPITUS
    IOU
    BFS CAPITAL
    QUARTERSPOT
    KNIGHT CAPITAL FUNDING
    YELLOWSTONE
    which one are your second position favorites?
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

  6. #6
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    Quote Originally Posted by BROKER TIME View Post
    got rid of about 5 lenders

    small approvals
    take to long to send approvals
    back dooring etc
    Based on those reasons I'm surprised you kept a couple of your current funders on there. But well done on learning who's worth your time as a funder and getting rid of the ones that don't make you money

  7. #7
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    Quote Originally Posted by NoBigDeal View Post
    Based on those reasons I'm surprised you kept a couple of your current funders on there. But well done on learning who's worth your time as a funder and getting rid of the ones that don't make you money
    i learned its all about relationships

  8. #8
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    I like that list if this was still 2015. 2019 you need some b-d paper lenders on there.

  9. #9
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    Quote Originally Posted by Davincinc View Post
    which one are your second position favorites?
    iou and knight

  10. #10
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    Quote Originally Posted by FCG View Post
    I like that list if this was still 2015. 2019 you need some b-d paper lenders on there.
    ive added a few but they all spit out a good game when its time to sign up

    but never come through

    "this doesnt fit in our box we only do x positions" when there sales pitch was we fund positions 2-5

  11. #11
    Senior Member Reputation points: 38639 patrickw's Avatar
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    omg no Mantis? :O double digit, adobe docusign :O

    OP: That;s a solid list. Why not add EVEREST? SOS/Vital? I have done some crazy deals with Kapitus recently they are fast. They always lower the stips over 100K+
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  12. #12
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    Quote Originally Posted by patrickw View Post
    omg no Mantis? :O double digit, adobe docusign :O
    He said spring cleaning Patrick, not spring shopping

  13. #13
    Quote Originally Posted by NoBigDeal View Post
    He said spring cleaning Patrick, not spring shopping
    Who asked you to comment. You're not even on his list.

  14. #14
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    Therefore?

  15. #15
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    Quote Originally Posted by Keebler View Post
    Who asked you to comment. You're not even on his list.
    yes they were cleaned off the list

    but he is still welcome to comment

  16. #16
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    Vital and RDM are pretty solid or have been for us on 2nd position+ deals

  17. #17
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    Gentleman, thanks for the vote of confidence regarding the 2nd's and 3rd's. You are definitely right BROKER TIME when you say it's all about the relationships. In the future, reach out and give us a shot if you find a need to fill a void on your B & C paper 2nd and 3rd's. We run a tight ship and provide solid offers.

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com

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