Ironwood for euqipment deals
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  1. #1
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    Ironwood for euqipment deals

    Are they direct for equipment deals?

    What about MCA's?

    Thanks

  2. #2
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Dont do it. they're the worst

  3. #3
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    What kind of equipment is your client looking to finance?

  4. #4
    Quote Originally Posted by DTFdowntofund View Post
    Dont do it. they're the worst
    Why do you say that?

  5. #5
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    Quote Originally Posted by Zonefund View Post
    Are they direct for equipment deals?

    What about MCA's?

    Thanks
    What type of equipment ?
    Dave Lambert, Business Development
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    Merchant Services Consultant
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    SBA 7(a) Loans & Short-Term Funding
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    Office: 727-233-1111
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  6. #6
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    Quote Originally Posted by DTFdowntofund View Post
    Dont do it. they're the worst
    Why?

    And are they direct lenders?

  7. #7
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Quote Originally Posted by Zonefund View Post
    Why?

    And are they direct lenders?
    "They", I say loosely.. is a 1-2 person shop, operating out of someone's residential basement in Texas, and are clueless about mca. I sent them a deal, and they approved 5k. Then they took 2 days to get a contract over to me. Another 8 additional to get the physically notarized coj... and then, 2 more days later (with little to zero communication mind you, throughout the entire process).. they decide in the 25th hour that they were going to decline dude for fraudulent banks. They're a hot ass mess.

  8. #8

    Ironwood for euqipment deals

    Ironwood not the best funder true and yes its a small firm with lack of speed but they have funded a few funky deals for me that no one wanted to touch so props there

  9. #9
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    Quote Originally Posted by DTFdowntofund View Post
    "They", I say loosely.. is a 1-2 person shop, operating out of someone's residential basement in Texas, and are clueless about mca. I sent them a deal, and they approved 5k. Then they took 2 days to get a contract over to me. Another 8 additional to get the physically notarized coj... and then, 2 more days later (with little to zero communication mind you, throughout the entire process).. they decide in the 25th hour that they were going to decline dude for fraudulent banks. They're a hot ass mess.
    Gotcha.. sorry to hear that.

    I don't need them for mca.. mainly seeking to build my equip lender repertoire. Are they a direct lender for equip?

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