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  1. #1

    110 Funding

    A new DIRECT funder in the space
    1st and 2nd positions, sometimes 3rds if A paper lender in the deal
    $35k max funding, we can go up to $50k but we really really really need to like it
    Up to 13 months
    (We did a 12 month 2nd position last week)

    Offers exclusive for 30 days
    Rates as low as 1.14 with points built in (6 if less than 1.19, but can up sell to 12 points)
    Max upsell 12 points

    What we DON’T fund
    California or Vermont
    Accounting, Trucking, Finance, Lawyers/Attorneys, Car Sales

    We require
    500+ FICO
    2+ monthly deposits
    6+ months in business
    4 or less negative days per month

    Email newiso@110funding.com

  2. #2
    where are you based out of?

  3. #3
    Quote Originally Posted by fundmonster View Post
    where are you based out of?
    We operate out of NY
    Yes, NY deals have COJ’s

  4. #4
    Senior Member Reputation points: 7556 cmarks's Avatar
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    Quote Originally Posted by 110Funding View Post
    A new DIRECT funder in the space
    1st and 2nd positions, sometimes 3rds if A paper lender in the deal
    $35k max funding, we can go up to $50k but we really really really need to like it
    Up to 13 months
    (We did a 12 month 2nd position last week)

    Offers exclusive for 30 days
    Rates as low as 1.14 with points built in (6 if less than 1.19, but can up sell to 12 points)
    Max upsell 12 points

    What we DON’T fund
    California or Vermont
    Accounting, Trucking, Finance, Lawyers/Attorneys, Car Sales

    We require
    500+ FICO
    2+ monthly deposits
    6+ months in business
    4 or less negative days per month

    Email newiso@110funding.com
    your website says Lender, and you have multiple pics of homes, do you do mortgages also?

  5. #5
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    Quote Originally Posted by cmarks View Post
    your website says Lender, and you have multiple pics of homes, do you do mortgages also?
    Site says they do three year terms, so I’m skeptical. Looks more like a mortgage broker than direct funder.

  6. #6
    Senior Member Reputation points: 91418
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    Quote Originally Posted by 110Funding View Post
    A new DIRECT funder in the space
    1st and 2nd positions, sometimes 3rds if A paper lender in the deal
    $35k max funding, we can go up to $50k but we really really really need to like it
    Up to 13 months
    (We did a 12 month 2nd position last week)

    Offers exclusive for 30 days
    Rates as low as 1.14 with points built in (6 if less than 1.19, but can up sell to 12 points)
    Max upsell 12 points

    What we DON’T fund
    California or Vermont
    Accounting, Trucking, Finance, Lawyers/Attorneys, Car Sales

    We require
    500+ FICO
    2+ monthly deposits
    6+ months in business
    4 or less negative days per month

    Email newiso@110funding.com
    $35k max funding, we can go up to $50k but we really really really need to like it

    So MAX $50k? Unless you really really really really really really really really like it? Than $55k?

  7. #7
    Quote Originally Posted by cmarks View Post
    your website says Lender, and you have multiple pics of homes, do you do mortgages also?
    Yes we do. We offer them in AL, AZ, CO, IL, IN, IA, KY, LA, MD, MS, MO, NE, NM, NC, PA, RI, SC, UT, VA, WA, WV, WI, WY

    Our background is in collateralized deals, and we are not accepting any additional ISOs at this time until November
    We are now starting to dip our feet into MCA because we want to expand our product line

  8. #8
    Quote Originally Posted by WestCoastFunding View Post
    Site says they do three year terms, so I’m skeptical. Looks more like a mortgage broker than direct funder.
    We offer only 3 years on mortgages / collateralized deals

    MCA our max is 13 months at this time

  9. #9
    Quote Originally Posted by SFC View Post
    $35k max funding, we can go up to $50k but we really really really need to like it

    So MAX $50k? Unless you really really really really really really really really like it? Than $55k?
    Since we are just starting out, we want to learn how to underwrite properly, and the best way to get the maximum data points is through a wide array of deals
    We are capping at $50k for the moment for that reason, to ensure our portfolio is not too heavily weighted in a few deals

  10. #10
    Quote Originally Posted by SFC View Post
    $35k max funding, we can go up to $50k but we really really really need to like it

    So MAX $50k? Unless you really really really really really really really really like it? Than $55k?
    I apologize for the confusion in the way I typed it, this is intended to read:
    Max Funding, normal deal: $35k
    Max Funding, great deal: $50k

  11. #11
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    what is the term on the 1.14 with 6 points?

  12. #12
    Quote Originally Posted by RickyR3712 View Post
    what is the term on the 1.14 with 6 points?
    Four to six months depending on the deal

  13. #13
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    Quote Originally Posted by 110Funding View Post
    Four to six months depending on the deal
    any fees? interesting that you will do one of the lowest buy rates out there and do a third

  14. #14
    Quote Originally Posted by Michael I View Post
    any fees? interesting that you will do one of the lowest buy rates out there and do a third
    3 - 5%, deal dependent, plus $835 (can not be waived)

    If there is an A paper funder in the deal, we will do a third (ex BFS, PayPal, etc)

    The 1.14 would only be on a first, we would not do that on a third

  15. #15
    Quote Originally Posted by 110Funding View Post
    Yes we do. We offer them in AL, AZ, CO, IL, IN, IA, KY, LA, MD, MS, MO, NE, NM, NC, PA, RI, SC, UT, VA, WA, WV, WI, WY

    Our background is in collateralized deals, and we are not accepting any additional ISOs at this time until November
    We are now starting to dip our feet into MCA because we want to expand our product line
    I should have clarified, were onboarding 3 spots for ISOs for MCA at this time, once those spots are filled we may open it back up in a few months to more
    no more collateral ISOs until November

  16. #16
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    Just lost a deal to you guys, 4th position 32k @ $1,999.98 per day. Top tier funder here!

  17. #17
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    Vermont?

  18. #18
    Quote Originally Posted by moneygreen View Post
    Just lost a deal to you guys, 4th position 32k @ $1,999.98 per day. Top tier funder here!
    We do not offer terms like that under any circumstance

    We would appreciate it if you do not create false claims about our firm

    I’m going to request a moderator to ask that money green provide proof of your statement to this thread please, because I know you cannot provide it and will not respond

  19. #19
    Quote Originally Posted by A+Paper View Post
    Vermont?
    Yes :/ as per our attorney’s instructions we cannot fund Vermont at this time
    We’re hoping to be able to fund VT within the next month or so, but no definite timeline yet

  20. #20
    Senior Member Reputation points: 32977
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    Quote Originally Posted by 110Funding View Post
    We do not offer terms like that under any circumstance

    We would appreciate it if you do not create false claims about our firm

    I’m going to request a moderator to ask that money green provide proof of your statement to this thread please, because I know you cannot provide it and will not respond
    Just like that, another clown pops up overnight. Next!

  21. #21
    Quote Originally Posted by mrmrg View Post
    Just like that, another clown pops up overnight. Next!
    This man made a false claim, and I asked for him to provide proof of it if he is so confident in that statement

    Moneygreen is making a false claim attacking and trying to damage our name

    Forum monderator, please request proof of moneygreens claim because I would like for the public to see that he is not being honest

  22. #22
    Senior Member Reputation points: 65052 TheConfidentBroker's Avatar
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    A Lender you can trust. Besides you not being a "lender" - there is no one you can trust and if you have to start off with that statement- you're already trying to hard. Pop-up with a focus on taking only ISOs because you think it's "easy"

    Your website was made with the quickness and whoever wrote your content was clearly on some type of drugs. Everything is you trying to be a savior

    "We are water in the desert. We are a springboard to the next level of business operations. We are a business funder serving the underserved."

    Your Owner has a shotty linkedin profile. After further investigation, since you have absolutely NO internet presence other than when your domain was bought, I found a beautiful rip-off report...

    https://www.ripoffreport.com/report/...bought-1484220
    "He is a woman using a man's name and the company name and website 110funding.com."

    It's 2020. Do better.
    Funding is Temporary. Wu-Tang is Forever.

  23. #23
    Scroll down on the posting and you'll see clear-up
    Long story but we asked on 9/5/2019 that that was corrected by the author because he made a mistake.
    We advised with mr. Chris upon startup and he suggested that he purchase leads on our behalf

    Update.PNG

  24. #24
    Senior Member Reputation points: 65052 TheConfidentBroker's Avatar
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    Quote Originally Posted by 110Funding View Post
    Scroll down on the posting and you'll see clear-up
    Long story but we asked on 9/5/2019 that that was corrected by the author because he made a mistake.
    We advised with mr. Chris upon startup and he suggested that he purchase leads on our behalf

    Update.PNG
    Glad the leads worked out for your Broker shop 4 months ago and now you're the real deal *thumbs up*
    Funding is Temporary. Wu-Tang is Forever.

  25. #25
    Senior Member Reputation points: 45092
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    Your A paper funder but doubled EBFs daily behind them? BOOM ROASTED!!

    Lies.JPG

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