New Funder - Please Read
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  1. #1
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    New Funder - Please Read

    Hi daily funder!

    We are proud to announce that we have now opened our doors and we are accepting New ISOs!

    We fund A paper all the way to G paper (although H paper is unfortunately declined)
    We fund defaulted defaults (only if they defaulted twice, not 3 times)
    Give your merchants a Third Chance!
    We pay DOUBLE DIGIT COMMISSIONS
    We love NSF ****ty files (Mantis Style) - WE LOVE TRUCKING (More than Trump himself)
    Our minimum terms start @ 25 days although we will also fund 10 day and 15 day deals
    We LOVE STACKING REVERSES we will also stack files that have TWO REVERSES, With a THIRD REVERSE

    WE FUND SAME DAY, SOMETIMES SAME HOUR

    Biggest perk of it all: We still require COJs, but we don't Underwrite deals at all - we just fund them without even looking at the files.



    To sign up: email us at welovedefaults@gmail.com

  2. #2
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    Forget it. You don't fund merchants that defaulted 3 times. Now if you did that.....
    PDM Capital
    39 Broadway
    New York, NY 10006
    646-876-1055

  3. #3
    this sounds like you partnered up with high five and the rest of there dba's.

  4. #4
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    Quote Originally Posted by SmartAdvanced View Post
    Hi daily funder!

    We are proud to announce that we have now opened our doors and we are accepting New ISOs!

    We fund A paper all the way to G paper (although H paper is unfortunately declined)
    We fund defaulted defaults (only if they defaulted twice, not 3 times)
    Give your merchants a Third Chance!
    We pay DOUBLE DIGIT COMMISSIONS
    We love NSF ****ty files (Mantis Style) - WE LOVE TRUCKING (More than Trump himself)
    Our minimum terms start @ 25 days although we will also fund 10 day and 15 day deals
    We LOVE STACKING REVERSES we will also stack files that have TWO REVERSES, With a THIRD REVERSE

    WE FUND SAME DAY, SOMETIMES SAME HOUR

    Biggest perk of it all: We still require COJs, but we don't Underwrite deals at all - we just fund them without even looking at the files.



    To sign up: email us at welovedefaults@gmail.com
    Well done.

  5. #5
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    amazing

  6. #6
    Do you promise not to pay on renewals? I hate having to make too many accounting entries.

  7. #7
    nice legitimate email address really how difficult is it to pay 12$ a month
    The Rose Funder l 917.228.4970
    bander@therosefunder.com
    Highlands NJ 07732
    http://www.therosefunder.com

  8. #8
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    Quote Originally Posted by therosefunder View Post
    nice legitimate email address really how difficult is it to pay 12$ a month
    We save all our money so that we can have enough money to fund deals.

  9. #9
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    Quote Originally Posted by therosefunder View Post
    nice legitimate email address really how difficult is it to pay 12$ a month
    it's satire.

  10. #10
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    This is pure gold.

  11. #11
    Senior Member Reputation points: 11927 FUND3R1's Avatar
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    I wish a moderator would just close this thread, I don't see this going to well..
    FUND3R1

    "Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"

  12. #12
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    Quote Originally Posted by SmartAdvanced View Post
    We save all our money so that we can have enough money to fund deals.
    really?? what do you have in your funding pool... 50k?

  13. #13
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    Quote Originally Posted by therosefunder View Post
    nice legitimate email address really how difficult is it to pay 12$ a month
    They’re legit. I’ve funded reverse consolidations for startups with them.

  14. #14
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    1) Will you allow a merchant to stack your deal?
    2) Do you pay on the funded amount or only on the net cash disbursements for refi's/reverse's?
    3) If a merchant has an SOJ would you classify as a default? Cuz it was really the original funders fault for filing in the first place!
    4) Are your funding calls before or after merchant sends in a signed contract?

    Please send me an executed ISO agreement (signed by your CEO, I won't review it without one) to cashingout@keepmybusinessafloat.org

  15. #15
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    Quote Originally Posted by NoBigDeal View Post
    1) Will you allow a merchant to stack your deal?
    2) Do you pay on the funded amount or only on the net cash disbursements for refi's/reverse's?
    3) If a merchant has an SOJ would you classify as a default? Cuz it was really the original funders fault for filing in the first place!
    4) Are your funding calls before or after merchant sends in a signed contract?

    Please send me an executed ISO agreement (signed by your CEO, I won't review it without one) to cashingout@keepmybusinessafloat.org
    1) yes, we actual stack it ourselves with our many DBA that we have available, we usually stack up to 4 times per bank account (we will unfortunately not fund 5 times the same account)
    2) net amount after fees
    3) yes
    4) our funding calls are spread out, we do around 5 funding calls per deal

  16. #16
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    Quote Originally Posted by Fetachini View Post
    really?? what do you have in your funding pool... 50k?
    So far we have about $42,000 (between me my dad and a few of my friends) and we started funding 4 weeks ago (so far, 4 out of the 9 deals are paying Thank god!)

  17. #17
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    Hey, do you disclose the "underwriting" points on the contract, or is that only made up on the spot? If it's made up, do you give some of the points to the brokers who brought you the deal, or do you just allow the brokers to PSF for as much as they want, so the client doesn't net anything?

  18. #18
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    Quote Originally Posted by SmartAdvanced View Post
    So far we have about $42,000 (between me my dad and a few of my friends) and we started funding 4 weeks ago (so far, 4 out of the 9 deals are paying Thank god!)
    Have a merchant that needs 150K, 18 Months, Bi-Weekly Payments, Max 1.10
    8th position - No Defaults
    monthly rev. 5K
    Avg Daily Balance: -$245
    Will sign COJ
    Last edited by Joe Kinder; 10-07-2019 at 03:37 PM.

  19. #19
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    Dude! Please understand-
    We don’t charge any fees, a penny more than 29.2% of the funding amount.

  20. #20
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    Quote Originally Posted by SmartAdvanced View Post
    Dude! Please understand-
    We don’t charge any fees, a penny more than 29.2% of the funding amount.
    Hey man, you didn't answer my question!
    There's no such thing as a deal without a PSF in my shop, so do you let me charge him my own fees so he doesn't net anything and ruin your underwriting?

    Garbage funders..... always avoiding the question.

  21. #21
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    We don’t accept deals from people who call us Garbage Fund (I am deeply sorry)

  22. #22
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    Quote Originally Posted by SmartAdvanced View Post
    We don’t accept deals from people who call us Garbage Fund (I am deeply sorry)
    liarliar.jpg

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