High risk 1st position funds
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  1. #1
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    High risk 1st position funds

    Whos good at 1st positions in high risk industries or high risk files?

    Example: On deck, SFS decline file for too low ending balances or industry restriction.

  2. #2
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    What industry?

  3. #3
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    Mantis LOVES 1st position -- i have heard the concept of funders betting on another companies UW and then fund based on that --to me it never made sense --- Here at Mantis we are Great at UW and have no problems being 1st (even when the ISO tells us the reason why it got declined)
    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

  4. #4
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    Quote Originally Posted by WestCoastFunding View Post
    What industry?
    I have a bunch.

    oiL and gas, Bail bonds, Law firm, Used Auto Dealership, Call center, Gas Station,

    They are all companies grossing over 3M annually.

  5. #5
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Rapid/Knight/Vital

    Mantis :P
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  6. #6
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    Quote Originally Posted by Mynameisbob View Post
    I have a bunch.

    oiL and gas, Bail bonds, Law firm, Used Auto Dealership, Call center, Gas Station,

    They are all companies grossing over 3M annually.
    Knight and TVT are decent with the law firms. The rest of those are YSC stuff.

  7. #7
    We have successfully funded some of those with factoring - oil&gas, law firms and call centers.

    Call me to discuss,

    Rodrigo
    303 219 3914

  8. #8
    I will look at all of those opportunities, Please send to deals@mainstreetcash.com

  9. #9
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    We would look at this file submissions@lendingvalley.com !

  10. #10
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We are high risk, and depending on the file, may be able to offer weekly payment on a 1st or second. feel free to submit Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  11. #11
    We can give a competitive offer on 1st position
    Warm Regards,

    Business Development Dept
    Lifetime Funding
    Direct: (516) 604-0601
    Website: www.Lifetimefundingllc.com

  12. #12
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    Quote Originally Posted by Mynameisbob View Post
    I have a bunch.

    oiL and gas, Bail bonds, Law firm, Used Auto Dealership, Call center, Gas Station,

    They are all companies grossing over 3M annually.
    Each File is Different.

    There is no 1 Solution. You need to sign up with the High Risk Shops. That's all. It seems like your looking for a one stop shop, if thats the case send to a large ISO who works with everyone..... the larger iso shops underwrite the file damn near prior to sending it out, they know where to shop the deal. Or sign up with all the lenders yourself, and shotgun it out, or learn how to underwrite/place and send lenders what they want.

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