Question on High Risk Lenders
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  1. #1
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    Question on High Risk Lenders

    So i currently use these guys for high risk, just garbage deals.
    *Mantis
    *Vader
    *capflow
    *Last Chance

    If i can not get something funded with these guys, The merchant is pretty much SOL? I am talking just terrible deals, defaults, bad banks etc.

    I have about 10 deal in last 4 days getting declined and want to make sure i am covering all my angles.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
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    We have been so aggressive lately here at Mantis that if we decline a deal the only reason someone would fund the file (outside of used auto / legal services/ collection agencies) would be weak underwriting or just exploring new models ?
    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. #3
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    Quote Originally Posted by mcaguru View Post
    We have been so aggressive lately here at Mantis that if we decline a deal the only reason someone would fund the file (outside of used auto / legal services/ collection agencies) would be weak underwriting or just exploring new models ?
    Come on, every deal i have sent over there you guys have declined. You are no more aggressive than you have ever been. So stop spouting nonsense online.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  4. #4
    Quote Originally Posted by skideeppow View Post
    Come on, every deal i have sent over there you guys have declined. You are no more aggressive than you have ever been. So stop spouting nonsense online.

  5. #5
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Try Smart Business Funder (anthony) they approve a lot of files which rest declines.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  6. #6
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    Well i see what we are funding these days vs a while back!! its NON STOP!!
    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

  7. #7
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    Quote Originally Posted by mcaguru View Post
    Well i see what we are funding these days vs a while back!! its NON STOP!!
    What happened to you doing the big ones 200k plus?

  8. #8
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    Quote Originally Posted by mcaguru View Post
    Well i see what we are funding these days vs a while back!! its NON STOP!!
    yeah non stop declines
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  9. #9
    Senior Member Reputation points: 14001
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    Quote Originally Posted by Cashman1 View Post
    What happened to you doing the big ones 200k plus?
    The 200k deals were done through fundworks

  10. #10
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    Quote Originally Posted by skideeppow View Post
    So i currently use these guys for high risk, just garbage deals.
    *Mantis
    *Vader
    *capflow
    *Last Chance

    If i can not get something funded with these guys, The merchant is pretty much SOL? I am talking just terrible deals, defaults, bad banks etc.

    I have about 10 deal in last 4 days getting declined and want to make sure i am covering all my angles.
    Credit Card Split / Lock Box is a possible option for merchants that have high negative days,
    not so great FICO. Previous defaults we will not touch.

    Benefits:

    No UCC
    NO COJ
    No Personal Guarantee
    3 Day Right to Rescission
    No Stacking
    $5K to $250K Funding
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  11. #11
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    If you don't work with Chrome for all your high risk... you're losing deals, to people like me.

  12. #12
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by Zonefund View Post
    If you don't work with Chrome for all your high risk... you're losing deals, to people like me.
    Do you have a good contact over there?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

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