Any default lender recommendations? - Page 2
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  1. #1
    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.

  2. #2
    Banned Reputation points: 20
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    Quote Originally Posted by FinancialSwissArmyKnife View Post
    Show me your name on Bank statements
    Lmao

  3. #3
    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.

  4. #4
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    Quote Originally Posted by Cgadvance View Post
    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.
    Thats how we do it! Anyone who wants to join CGAdvance and onboard with landmark give us a call @ 7543041757

  5. #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/

  6. #6
    Senior Member Reputation points: 65649 TheConfidentBroker's Avatar
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    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.

  7. #7
    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

  8. #8
    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

  9. #9
    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.

  10. #10
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    ..
    Last edited by ISOKING; 12-06-2021 at 12:33 PM. Reason: delete

  11. #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

  12. #12
    Senior Member Reputation points: 1100
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    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

  13. #13
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    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.com
    Last edited by Liv Funding; 02-28-2023 at 10:31 AM.

  14. #14
    We fund prior defaults. Bg@fundprollc.com.

  15. #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

  16. #16
    Banned Reputation points: 50
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    Quote Originally Posted by AlexP View Post
    Can anyone recommend a decent (if you could even call any of them that) default lender?
    Thanks for your help.
    We fund defaults. Email jacob@fndcapitalgroup.com to sign up

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