Results 1 to 8 of 8
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09-23-2014, 10:27 PM #1
- Join Date
- Aug 2014
- Posts
- 109
ranking lenders by tier
best factors, terms, process, and commissions
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09-24-2014, 10:14 AM #2
that all depends on what your looking for and what kind of deals your getting in with the marketing you are doing. All banks have their good and their bad. A good place to start is with the sponsors and advertisers on this site they are some of the better banks around
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09-24-2014, 06:36 PM #3
Johnny, shhhh....he's a paper chaser.
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09-24-2014, 09:41 PM #4
- Join Date
- Aug 2014
- Posts
- 109
good one buddy
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09-25-2014, 12:01 AM #5
- Join Date
- Jul 2014
- Posts
- 1,746
Jebus. Are you an ISO or a guy working out of a garage? Is it just me, or is it time to stop answering these novice questions for uneducated competitors that are entering our space and pissing in our pool? If you don't know how to research banks, go back to your telemarketing job.
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09-25-2014, 08:23 AM #6
- Join Date
- Jul 2014
- Posts
- 128
ranking lenders by tier
He/She is working off their Mom's kitchen table.
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09-25-2014, 02:39 PM #7
Send all of your deals to us at Core Financial. We pay generous commissions and can walk you through the trial-and-error of learning the industry.
Contact me using the info below, or submit deals to NewDeals@CoreBusinessLoans.com.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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09-25-2014, 04:01 PM #8
- Join Date
- Sep 2012
- Posts
- 199
These questions get asked a lot. The most important thing is knowing who top 2 funders (rate/term wise) are for each individual A-B paper deal. This is the most important thing because these are your competition. Either get there first or lose before you start. Yea, sometimes clients don't shop around much and you can slide one by but that is the exception and not the norm.
Since A-B paper funders have their own quirks and preferences you need to get set up with them all.
Short list:
OnDeck
CAN/New Logic
ARF
MCC
TBB
IOU
There are others but these are the core group for the most part.
C-D paper is a different beast. There are tons of outlets and rates/terms are the same for the most part. This is where a relationship pays dividends. Establishing a relationship with 3 or so B-C lenders and staying loyal will get you quick turns, good enough terms, and fair enough commissions. Everybody has their favorites and it takes time to figure out who works best for you.
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