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09-21-2014, 09:30 PM #1
- Join Date
- Apr 2014
- Posts
- 781
which lenders let you syndicate a deal with them??
Have a person who wants to fund some deals thru me..looking to get an idea which lenders do this?? Is there a max percentage they will let you fund deals with them?? Let's say the merchant is getting 20k..what is the general min and max amt i can syndicate the deal with them for?? Thanks
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09-21-2014, 10:44 PM #2
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
which lenders let you syndicate a deal with them??
Our ISO's can participate 5-50%. Give me a call or shoot me an email for more details.
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09-22-2014, 08:51 AM #3
- Join Date
- May 2014
- Posts
- 317
Most Funding companies allow syndication these days. I think as an ISO syndicating it makes the most sense to syndicate with reputable funding companies. It's important to understand if they have good systems which allow you to log in and see what's going on, also it's important to know who pays back when. Some funding companies pay you weekly, some daily, some bi-weekly. It's also important to know if the funding companies are in good legal standing now and in the future. The last thing you want is to have 6 or 7 figures of AR somewhere and then they get sued, go BK and now you're AR is gone.
Just some helpful hints.
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09-22-2014, 09:27 AM #4
There are a few good options:
We have been syndicating with SFS for 5 plus years in thousands of deals and they have never missed a payment and have a sick system
We syndicate with Capital Stack and it runs like clockwork
We also recently started syndicating with Everest and Fact business and that is running extremely smoothly
I think these days everyone offers syndication but you need to pick and choose who you decide to actually put your money with. Some companies may have great systems but only a few can truly be trusted with your hard earned money
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09-22-2014, 10:14 AM #5
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09-22-2014, 11:19 AM #6
- Join Date
- Aug 2014
- Posts
- 194
...
Last edited by MCA; 09-22-2014 at 08:57 PM.
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09-22-2014, 11:38 AM #7
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
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09-22-2014, 11:48 AM #8
Hello Scott,
Retail Capital syndicates, you can put in up to 50% and this is decided by you on a per deal basis. We have a system that allows you to log in and see daily activity, and our payouts are weekly. When we send out the offer you will be able to see information on the risk of the deal, credit score, time in business, negative days, trending bank and credit card data.Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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09-22-2014, 08:25 PM #9
- Join Date
- Apr 2014
- Posts
- 781
thanks all, great info from you Jeannette, very impressed
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09-23-2014, 07:26 AM #10
- Join Date
- Jun 2014
- Posts
- 195
I don't syndicate in deals but word on the street is Retail is great and so is SFS
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09-23-2014, 09:32 AM #11
Speaking of retail capital, it will be interesting to see what former CEO of Advanceme -Glenn Goldman, puts together over there in the coming months-
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09-23-2014, 09:37 AM #12
Max Advance offers syndication opportunities on deals. The process is quick and easy!
Maxadvance Banner 2.jpgChristina Rossi
Business Development
Account Executive
Tel: 866-629-4464 ext 229
Fax: 917-368-6943
Crossi@maxadvance.com
www.maxadvance.com
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09-23-2014, 10:36 AM #13
Thank you Scott and bizloanbroaker, it is always nice to hear kind words! MCAVeteran, I am very excited about the new changes coming 1st quarter!!
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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