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01-19-2020, 10:04 AM #1
- Join Date
- May 2019
- Posts
- 15
The idea of funding defaults is to cut down on the term to a 20 or 30 day deal, which decreases the risk since the term is extremely short. Once the merchant establishes a payment history many will stack and come into the deal.
This is a concept that has been tested and done for the last two years on a large scale. There are 100s of default deals that have been funded and many of them enjoy a second chance to get back into the game.
But.. no funder wants to lose money. These default shops take bigger risks for bigger returns but in the end if the deals go bad they will cut you off and stop the bleeding.
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01-21-2020, 08:10 AM #2
- Join Date
- Oct 2017
- Posts
- 35
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01-21-2020, 09:17 PM #3
- Join Date
- Jan 2020
- Posts
- 6
I’ve actually funded with Landmark over the last month.
Best part was no stips other than DL & VC and commission was paid right away.
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12-06-2021, 12:29 PM #4
- Join Date
- Jul 2021
- Posts
- 28
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02-28-2023, 10:58 AM #5
Try Supreme
We're your first choice for default deals.
Fast approvals, relatively long terms (90 - 120 days), minimal stips needed top fund (only DL and VC).
Contact me at the info in my signature to request our ISO Agreement and Underwriting Guidelines.We specialize in funding:
Deals w prior Defaults
"Over Leveraged" deals
All Positions (as long as there is space)
Low FICO scores
and all other "difficult" deals
To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
I look forward to hearing from you.
Rasheed Miller
(917) 933-3095 (text or call)
https://supremefunding.net/
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02-18-2020, 03:46 PM #6
I came on here searching for a contact for Rely. Why? I have a merchant telling me he is getting texts for him to pay $500 in order for them to get a payoff. He paid the money - now they're ghost.
I DON'T DO DEFAULTS - it doesn't matter who the company is - Whatever "chance" or whatever type of "We fund default" you guys play YOU'RE ALL TRASH.
Seriously the suggested above people that others are giving you suggestions of HAVE NOT closed deals and just relay information that see on here. - Case in point
Calls Funder... funder says "We dont owe you any commissions" CLICK* but they sponsor.
F* out of here. I'm calling BS now.Funding is Temporary. Wu-Tang is Forever.
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11-15-2021, 05:20 PM #7
- Join Date
- Nov 2021
- Posts
- 15
Hi Alex
I fund defaults
Feel free to send me an email or call me at my direct line
Kate Blaine
ISO Relations
__________________________________________________ ________
8950 West Olympic Blvd. Suite 695
Beverly Hills, CA 90210
Direct: (424) 437-4372
Office: (424) 255-6248
kate@wellsadvance.com
www.wellsadvance.com
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12-02-2021, 04:14 PM #8
- Join Date
- Dec 2021
- Posts
- 13
Mom and Pop business funding here. We specialize in unsecured working capital for small businesses. We go up to $1,000,000, and we fund these loans in 2-3 days. Not based on credit. (You can use the funds for whatever you want). Here's my link https://www.facebook.com/businessloa...usinessowners/ Let me know if i can help. Servicing in all 50 states
Lashelle Cobham
lashelle.mpbusinessfunding@gmail.com
(813)599-7048
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12-06-2021, 11:46 AM #9
- Join Date
- Oct 2021
- Posts
- 20
Moshe from Custom Funding here!
We are a strong B/D funder with a focus on all position deals.
Very creative on the higher risk units. We can beat any dollar amount.
* Defaults welcomed
* Light stips.
* 12% max upsell.
Let me know when we can set up.
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12-06-2021, 12:26 PM #10
- Join Date
- Nov 2021
- Location
- Florida
- Posts
- 46
..
Last edited by ISOKING; 12-06-2021 at 12:33 PM. Reason: delete
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12-06-2021, 01:55 PM #11
- Join Date
- Oct 2021
- Posts
- 11
Nate from LINQFUNDING
10k min monthly deposits/ no limit on positions
B-,C,D Paper
offer weekly payments
only restricted industries: Financial Services & Law Firms
2ND Positions + (we don't fund first positions!)
WE PAY 12 POINTS ON EVERY DEAL
Commissions are paid on time
FAST APPROVAL AND QUICK RESPONSES
50% Owner can be funded
Feel free to reach out with any questions and deals
Nate Peterson
ISO Relationship Manager
P. 516-225-6707
nate@linqfunding.com
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12-07-2021, 09:08 AM #12
- Join Date
- Aug 2020
- Posts
- 105
There are a lot of stories behind default files its not always so black and white. Either way at Infusion Capital we are give the highest dollar amount approvals for previous Defaults and other high risk files. Try us out for your self. Send all subs to drew@infusioncapital.org offers within 30 minutes funding same day.
Drew Matthew
Chief Executive Officer
Infusion Capital Group
40 wall St
28th floor #2765
New York, NY 10005
Company: 1 (718) 852-2233
Direct: 1 (917)525-9946
Email: drew@Infusioncapital.org
www.Infusioncapital.org
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02-28-2023, 09:43 AM #13
- Join Date
- Feb 2023
- Posts
- 13
This might be a good start for an introduction. We are a new funding company concentrating on b-d paper and we will even fund defaults as long as it's not within 6 months and they have it settled. We just started funding 2 months ago and we're looking to take on new ISO's but we are selective in who we work with.
If interested reach out to: Submissions@livfunding.comLast edited by Liv Funding; 02-28-2023 at 10:31 AM.
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02-28-2023, 10:55 AM #14
- Join Date
- Jul 2022
- Posts
- 34
We fund prior defaults. Bg@fundprollc.com.
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02-28-2023, 10:52 PM #15
Steve @ landmark is legit.
I've seen some other copycat landmarks out there though.Uptown Iso Department
________________________________________
Office | 732.994.2550
iso@uptownfund.com | uptownfund.com
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03-01-2023, 12:43 PM #16
- Join Date
- Nov 2022
- Posts
- 21
We fund defaults. Email jacob@fndcapitalgroup.com to sign up
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