Fastest/Slowest Funders?? - Page 2
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  1. #26
    Quote Originally Posted by Lmonus View Post
    CFG is hands down NOT the fastest. We are NOT the "KINGS" of speed. But you will get an offer within the same day of sending a deal and your signed contracts will get wrapped up within 24 hours of being executed. That is a promise that we CAN keep.
    Honestly, since you guys switched to docusign and less COJs your speed has gone up drastically.... I think I had a renewal last month that was Funded in like 30 minutes of having contracts in- within an hour of receiving approval. Keep it up!

  2. #27
    Senior Member Reputation points: 54989
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    I agree in many cases speed is not that important but i would say a nice chunk of merchants are shopping and or in touch with other brokers so its important to my ISO's to submit at 10AM for a FASTBALL-OFFER and be ble to sell the 90K offer and fund by 4pm.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #28
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    Quote Originally Posted by Lmonus View Post
    CFG is hands down NOT the fastest. We are NOT the "KINGS" of speed. But you will get an offer within the same day of sending a deal and your signed contracts will get wrapped up within 24 hours of being executed. That is a promise that we CAN keep.
    This is not true. You havent answered me for 2 days.

  4. #29
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    Quote Originally Posted by happyman View Post
    This is not true. You havent answered me for 2 days.
    Whos YOU? Me? If so, pickup the phone or send and email and let me know which deal you are wondering about. Its a light Friday and i have 20 emails in my inbox, non of which are unanswered submissions.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  5. #30
    Senior Member Reputation points: 54989
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    Light ? check your internet provider if you getting all the emails we getting slammed here my pal!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #31
    Banned Reputation points: 59
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    I read somewhere Accord had 30% of their offers automated to put out an offer instantly?
    Quote Originally Posted by Kevin Dinh View Post
    Accord will provide a hard offer within 2-3 hours upon receiving submission.
    https://accordbf.com/

  7. #32
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
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    Quote Originally Posted by InhouseFunder View Post
    I read somewhere Accord had 30% of their offers automated to put out an offer instantly?
    All of Accord's offers are done manually by either one of the two owners, Adam Beebe and Mike Ballases. Once a file passes initial underwriting, either Adam or Mike picks it up for final underwriting and provides the offers. Because the owners are hands-on, they're able to take a second look to be able to compete against other offers like higher offer, longer term, lower rate, or weekly pay to win the deal. We don't win them all. We win some, we lose some. It's good to know they're there to provide quick decisions when you need it.
    Kevin Dinh

    3131 Eastside Street, Suite 350
    Houston, TX 77098
    P: 713-322-9743
    Email: kdinh@accordbf.com
    Web: https://go.accordbf.com/DF-Partners/

  8. #33
    Senior Member Reputation points: 39331
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    Chrome.

    Approval in 30-60m, contract in 30, login funding call within hour. No stips, dl vc, 8-12 pts, beats out yellowstone ein atlas ml and all the other boys

  9. #34
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    Quote Originally Posted by InhouseFunder View Post
    In your experience, who gets you hard offers the fastest and who takes the longest time?
    For A-B paper, RDM takes about 2 hours to get an offer, but will fund before someone that gave you an offer in 30 minutes. Reason is you just need an email to request contracts. They send it via docusign. Weekly payments as well. Avraham is on here from time to time.

    Avraham Sharaby
    Director of Business Development

    RDM Capital Funding
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012

    Phone: 973-500-6692
    Fax: 877-837-6080
    Cell: 443-416-2765
    Asharaby@RDMCapitalFunding.com
    www.RDMCapitalFunding.com

  10. #35
    Senior Member Reputation points: 6544
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    We typically have offers back in 1 to 2 hours. From that point, let us know if any revisions are needed. Examples such as weekly,early payoff, term extension, and funding amount increases. It usually takes about 5 minutes to answer revision requests and then we send out docu-sign contracts. We fund many deals same day pending the speed of the merchant.

    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

  11. #36
    We can have an approval for you yesterday and funded the week before.

  12. #37
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    Quote Originally Posted by GoodCustomerService View Post
    We can have an approval for you yesterday and funded the week before.
    and u fund deals that defaulted on the defaulted funders ! give it a few months you will see someone marketing we fund merchants that defaulted on the funder that funded defaulted merchants.
    Last edited by mcaguru; 05-20-2019 at 04:36 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  13. #38
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    Mantis stop hating on KnuckleBust funders, when all you are is a FastBall Super SubPrime **** promoter.

  14. #39
    UFS and Chrome Capital for high risk.

  15. #40
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    Ufs all day we work as quick as the broker works

    irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  16. #41
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    Irving, let's be honest, you work much faster than the average broker and client.

  17. #42
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    Its helps when you present a good file to a funder. Same day funding is easy with most of the c paper.
    A paper can get done in 24 hours if you have a file in order.
    We can also fund Real Estate. 1.9M on a restaurant funded in 7 days just last week.

    Who ever you send a deal to make sure you package it right for faster funding and prep your client

  18. #43
    Senior Member Reputation points: 338677
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    Quote Originally Posted by omegafund View Post
    Its helps when you present a good file to a funder. Same day funding is easy with most of the c paper.
    A paper can get done in 24 hours if you have a file in order.
    We can also fund Real Estate. 1.9M on a restaurant funded in 7 days just last week.

    Who ever you send a deal to make sure you package it right for faster funding and prep your client
    AMEN!!! Having a good file, a motivated and educated client, and a solid referral partner always equates to fast certainty to close.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

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