Results 1 to 6 of 6
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08-21-2019, 01:36 PM #1
- Join Date
- Jan 2018
- Posts
- 92
Funding Circle Hook Up
Hey guys, does anyone have a connection at Funding Circle?
I heard they don't work with brokers, but I wanted to double check because I keep running into clean clients that are looking for that type of deal.
Thank you guys!
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08-21-2019, 03:57 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
There are a few Brokers they work with still. Going to have to cobroker with them.
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08-21-2019, 05:11 PM #3
- Join Date
- Jan 2018
- Posts
- 92
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08-22-2019, 06:51 PM #4
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
I am interested also. I used to work with them but didn't have their volume requirement. I have what seems like a good fit. 659 FICO, DSCR of 1.96 calculating a 5 year term at 18.99. I have all the financials etc if a senior member would be interested in partnering with me on this.
Last edited by sigmundpannu; 08-23-2019 at 06:22 AM.
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08-25-2019, 06:43 PM #5
- Join Date
- Apr 2013
- Posts
- 359
Good luck. Took stellar A paper deals to them they never funded. Between them and On Deck, I have no interest. On Deck is raising small little increments of emergency capital ($40,000 lol) ... I think they're starting to feel the heat fro treating their brokers like crap: SEND US 4 GAZILLION DEALS OR YOU'RE TOAST!!!
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08-26-2019, 09:28 AM #6
- Join Date
- Aug 2017
- Posts
- 405
Not a good idea to send deals to fundation or funding circle. A couple years back when I worked at a larger iso shop, we used to get all their declines.
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