[stackcity_4208]

Any feedback on this funder?

[microboby]

Funded a few deals with them , Their niche is Default deals . 20 to 80 Payments an up to 20% in Fees . They come through though

[Fetachini]

misleads merchants on funding calls

[swiftcloser]

.....

[VeganFunder]

Can you elaborate on how they mislead merchant's on funding calls?
Typical "we'll get you a much better deal on the refi" or worse?

[BROKER TIME]

cant speak for anyone else but they always do right by me
i broker deals to them they give offers when no one else does

ye they have there fees like everyone else but no different from any bottom lenders

[Showmethemoney]

cant speak for anyone else but they always do right by me
i broker deals to them they give offers when no one else does

ye they have there fees like everyone else but no different from any bottom lenders

AH finally someone with a brain

[SmartAdvanced]

Any feedback on this funder?

Shady company

[mcafundinggroup]

AH finally someone with a brain

Showmethemoney - are you with NanoFlex?

[VeganFunder]

AH finally someone with a brain

Finally someone understands that higher risk deals warrant higher rates and fees-- glad we have an answer to the Nanoflex question and can move on to more pressing issues.

The questions being asked were in reference to Italian Pasta's comment--
I highly doubt the merchant's are being "misled" by the numbers on the contract they're signing. The question was how the merchant's are (or if they are) being misled on funding calls

[Showmethemoney]

Showmethemoney - are you with NanoFlex?

no on deck why

[abfunders]

A client I was working with was suing one of the shadier people in the industry for saying on thing on the phone, the merchant was stupid enough to send them signed contracts back without a daily payment amount and his term changed from something like a 120 days to 30 days, and he started bouncing like crazy really fast before he knew what he was doing. Basically ruined his business. He's at fault for signing a blank check, but there is such a thing as a money-grab.
https://edition.cnn.com/2019/07/10/u...rnd/index.html

[nationwidefunder]

no on deck why

ondeck*

[patrickw]

Funded a few deals with them , Their niche is Default deals . 20 to 80 Payments an up to 20% in Fees . They come through though

Can I get your rep details? or sign up?

[Showmethemoney]

Hi please follow the link here https://www.ondeck.com/partner

[Fetachini]

show me the money isn't with ondeck (stop lying) what's your ondeck email? anyone can put a link to a partner page. I can say i'm with bfs, ondeck, wbl and give you links too. As far as misleading, I say that because they promise a better refi with better rates and then will decline them once paid off. That's on the second funding call not the 1st one. Not all merchants will get the "carrot" but they have done that with the shorter deals, the 10-15 day deals.

[channin19]

10 - 15 days at a 1.499

[BROKER TIME]

Hi please follow the link here https://www.ondeck.com/partner

was switching reps maybe i can send you my deal lollllllllllllllllllllllllllllll

[Zonefund]

Dave waters is great, and he won't backdoor you. 20-80 payments. Cobra is a part of nano flex and new chance, he works with all 3 platforms (atlas too).

Cobra offers up to 15 points on high risk deals, based on credit. 3 tiers, each offer 10/12/15 simply based off the fico of the merchant (500-600 is 10 pts, 600-700 is 12 pts, 700+ is 15pts). He funds a high amount of volume.

I'd go to Chrome first since they can't be beat, then yellowstone, then Nanoflex/Atlas/Cobra, and last but not least use Coolidge Capital as your last stop (Paul Alflen's inhouse funding, from main street, he is great), and you'll never lose a deal again... they're a lot better then Queen, highfive, influx, ace, etc...

[FundingTap123]

Waters is great guy but he works for bad bad backdoors. Don’t even think he’s aware. Sweet guy.

[FundingTap123]

Chrome doesn’t require a submission to price a deal with almost full accuracy - and suffice to say credit is obviously not pulled at time of pricing (Bc credit doesn’t effect the offer). When funders beg you for applications be very very weary.

Check the merchant qualifier: https://chromecapitalfunding.com/merchant-qualifier/

[Zonefund]

Waters is great guy but he works for bad bad backdoors. Don’t even think he’s aware. Sweet guy.

That is 1000% true. He makes up for it though w his honesty. You should hire him. He would push volume up, since isos trust him

[Fetachini]

Dave waters is great, and he won't backdoor you. 20-80 payments. Cobra is a part of nano flex and new chance, he works with all 3 platforms (atlas too).

Cobra offers up to 15 points on high risk deals, based on credit. 3 tiers, each offer 10/12/15 simply based off the fico of the merchant (500-600 is 10 pts, 600-700 is 12 pts, 700+ is 15pts). He funds a high amount of volume.

I'd go to Chrome first since they can't be beat, then yellowstone, then Nanoflex/Atlas/Cobra, and last but not least use Coolidge Capital as your last stop (Paul Alflen's inhouse funding, from main street, he is great), and you'll never lose a deal again... they're a lot better then Queen, highfive, influx, ace, etc...

I agree Dave Waters is good people!

[mrmrg]

Dave Waters is is an idiot for getting in bed with Braun and his circle.