[abfunders]

There are a few good ones besides Vader, but lately been primarly using SuperfastCapital. Their fast as hell!

So I'd love to sign up with Superfast Capital, but it's a weird thing to ask for a SSN on an ISO rep application unless you're a larger shop, don't you think? I don't have anything to hide, but very few funders are asking for that these days. I'd like to hear some other feedback from members with a bit more rep before signing up?

[SantiFunder]

So I'd love to sign up with Superfast Capital, but it's a weird thing to ask for a SSN on an ISO rep application unless you're a larger shop, don't you think? I don't have anything to hide, but very few funders are asking for that these days. I'd like to hear some other feedback from members with a bit more rep before signing up?

Yeah, that is strange unless they're pulling credit?

[abfunders]

Yeah, that is strange unless they're pulling credit?

I'm sure they're not pulling credit. At most they may be doing background checks, which I doubt as well. So why ask for it?

[Kevin Henry-Seacoast]

I'm sure they're not pulling credit. At most they may be doing background checks, which I doubt as well. So why ask for it?

It may be in their operating agreement or agreements with lenders/investors that if they are using brokers to obtain deal flow they must credit check or do back ground checks on the broker.

[SantiFunder]

I'm sure they're not pulling credit. At most they may be doing background checks, which I doubt as well. So why ask for it?

Nowadays you don't need SSN to pull a background so it is odd. I wouldn't give mine out. There are enough lenders out there that don't ask for it to sweat one.

[SFC]

Certainly not ones that put out offers as quick as we do or that have online checkout for your merchants! But yup, there's no shortage of funders in MCA.

[mcaguru]

Certainly not ones that put out offers as quick as we do or that have online checkout for your merchants! But yup, there's no shortage of funders in MCA.

if everyone is too quick there will be a shortage LOL

[DTFdowntofund]

Nowadays you don't need SSN to pull a background so it is odd. I wouldn't give mine out. There are enough lenders out there that don't ask for it to sweat one.

This.

[SFC]

Feel free to reach out directly. With everything going on in the space, knowing who you are working with from a Funders perspective is going to be the best way to stay ahead of regulations. Asking for SSN ensures that we know who are partners are and that we aren't working with people who've committed serious fraud in this industry or on other people. Certainly happy to provide references.