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09-29-2014, 02:34 PM #1
- Join Date
- Sep 2014
- Posts
- 3
Funders NOT Brokers
Does anyone have or would anyone mind providing a list of actual funding companies? I am familiar with several but thought I could sharpen the sword so to say and see if anyone know of any others. Here is who I have so far:
Amerimerchant
MCC
BFS
IOU
Business Backer
OnDeck
Snap Advance
Forwardline
ARF
New Era Capital
Pearl Capital (Horizon)
Yellowstone
Strategic
1st Merchant
Fora Financial
Greenbox Capital
CAN Capital
Anyone else??? Thank you in advance for your time!
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09-29-2014, 02:40 PM #2
Cross reference Sean's list of UCC filing names. That will give you some additional direct funders names
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09-29-2014, 02:45 PM #3
- Join Date
- Sep 2014
- Posts
- 3
Sorry to be a pain, where can I access his list?
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09-29-2014, 02:42 PM #4
Everest/Fast business
Capital Stack
Knight
Fora
Expansion capital
MFS Global
Rapid
WBL
Happy Rock
Accord
I am sure I am missing a few more
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09-29-2014, 02:49 PM #5
There are more than a thousand direct funders now. Here's a small list: http://www.merchantprocessingresourc...nce-directory/
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09-29-2014, 02:57 PM #6
Max Advance is a direct funder paying industry leading commissions
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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09-29-2014, 04:02 PM #7
Retail Capital is a direct funder as well, we are on the very comprehensive list that Sean posted.
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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09-29-2014, 04:34 PM #8
- Join Date
- Apr 2014
- Posts
- 92
Sean,
We are looking to become a sponsor on this forum/magazine. How can we get on this list as well?
Thanks!
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09-29-2014, 04:45 PM #9
Hi Fusion Capital, email me at sean@dailyfunder.com regarding sponsorship here. Directory inclusion on Merchant Processing Resource is free so long as you're a legitimate direct funder. For that, email me at sean@merchantprocessingresource.com.
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09-29-2014, 04:52 PM #10
Direct funds/Broker...who cares? that distinction is so grey anyway.
90% of the people you listed here also have in house sales forces you are directly competing against. ARF sends their reps to YOUR deals to close face to face CAN CAPITAL takes over renewals. FORWARDLINE snatches the processing for themselves.
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09-30-2014, 03:51 PM #11
- Join Date
- Sep 2014
- Posts
- 6
Blue Granite Funding
Roc Funding Group
TVT Capital
Everest
Knight Capital
Principis
Quarterspot
Joseph Castore
CEO
Blue Granite Funding LLC
(718)690-7230 - Office
(347)322-6624 - Cell
(718)204-9222 - Fax
BlueGraniteFunding@gmail.com
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09-29-2014, 05:00 PM #12
Its not about how many funders you have its about finding the right funders for the deal you have and the leads you are calling.. The right bank for one ISO is not necessarily a good bank for another. You have to look at the type of deals you have then find whos box that fits in.
Also if you limit the amount of banks you work with and try to build good relationships with a small group of them, you will probably get more deals done then if you are shotgunning every deal to every bank
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09-29-2014, 05:30 PM #13
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
I don't want this to come off as if I am promoting (but all good lenders are being promoted in this post too!).
FundersCloud is a technology based platform to help you keep track of your deals and get them funded through automation. This means that the process of sending a deal is automatically sifted to the lenders that qualify and in turn, fast answers, offers, and funding.
As a Broker, I understand the time consuming task of going through lender programs and requirements and sifting to make sure that you send your deals to the qualified ones for a fast response. We observed the complications and proudly created this system to help you! We work one on one with the top lenders filling in the gaps so you can give your deal the direction on where to go!
I am the BD Manager and joined the company because I believe in the system and I do know that all lenders have different criteria and it is hard sifting through and know who to send deals to without waiting for answers and declines and multiple credit pulls. I have assisted brokers for 2 years with their deals (recently aka AmandaSource1) and currently I am now helping more that 200+ ISOs.
I am proud to stand behind the platform that can connect you with direct lending companies, help with marketing, and help you be better at what you do!
We are currently making many changes (to make your life easier!) and will soon unveil a variety of lending options you can utilize through the platform.
ISO's and Lenders can email me for more information - Amanda@FundersCloud.com - Thank You!!!!
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09-29-2014, 05:37 PM #14
- Join Date
- Jun 2014
- Posts
- 7
Quarterspot is a good direct lender for 1st and 2nd positions.
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09-29-2014, 06:47 PM #15
- Join Date
- May 2014
- Posts
- 12
Funders NOT Brokers
Business Credit & Capital is a direct lender that works exclusively with Its ISO channel. We do not do any brokering. Sign up with us. Call Freddy at 347-274-0907 ext 128.
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09-29-2014, 08:13 PM #16
- Join Date
- Aug 2014
- Posts
- 49
Funders NOT Brokers
Go with new era the quickest highest approval and longst term over all best spot as of now
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09-29-2014, 11:28 PM #17
Lendini is offering 10 points on funded and funding the same day.
I would also add Quickbridge to the list of funders
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09-30-2014, 08:53 AM #18
- Join Date
- Aug 2014
- Posts
- 21
WORLD BUSINESS LENDERS (WBL)
jkaufman@wbl.com
212-220-0173
All of those mentioned are of the 'same old, same old'....the cash advance world. WBL provides options of collateralized solutions that bring more cash to the client, make you greater commissions and reap more business success stories. Contact me for more information and 'be unique!'
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09-30-2014, 04:39 PM #19
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital pays 8% on the payback (RTR) that's 11.6% on the funded for files over 25K. (commissions paid Tue and Thursday).
Always same commission on the deal renewals!
Have a Micro-Funding-Program for files under 25K (as low as 2k).
7 salaried employees in the Underwriting department.
EMAIL
bizdev@cresthillcapital.com for ISO AGREEMENT
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09-30-2014, 05:22 PM #20
I can only imagine what you are paying them Mike!
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