Let’s get a list going of funders that are still funding - Page 2
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  1. #1
    www.chromecapitalfunding.com is continuing to fund.

    Speciailizing in larger 2-5th position files.

    Will be scaling back on certain industries but offers are still coming strong.

  2. #2
    Senior Member Reputation points: 503040
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    Email from Fivetower (whoever they are) saying they’ve stopped funding. Expansion said they will only do 1st positions.

  3. #3
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    CFG Merchant Solutions is still funding and Operating as usual. If you are not already signed up, feel free to email / give me a call and ill appoint you to one of our ISO Reps.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  4. #4
    Senior Member Reputation points: 6544
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    48 Wall St. New York, NY 10005
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    We are still pushing out offers and funding deals.
    Jeff Pecori
    Business Development & ISO Relations

    VitalCap Fund | 48 Wall St. | New York, NY 10005
    P. 850.630.7509 Ext.101 | F. 646.219.7949
    jeff@vitalcapfund.com

  5. #5
    Senior Member Reputation points: 18943
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    anyone know if ARF is still funding?

  6. #6
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    Everest Business Funding and Vader Mountain Capital are open and funding!
    Everest Business Funding
    www.everestbusinessfunding.com
    888-342-5709
    iso@ev-bf.com

  7. #7
    Senior Member Reputation points: 86941
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    are you funding business as usual or have you modified your UW to adjust for industries and risk ^ ?

  8. #8
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    they want your leads lol

  9. #9
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    Mantis Currently Funding ...Not Signed up Email bizdev@cresthillcapital.com
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  10. #10
    Senior Member Reputation points: 4118
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    Lending Valley is still open and funding! Shoot over an email and lets hit the ground running!
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  11. #11
    Veteran Reputation points: 135672 Chambo's Avatar
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    I think it is pretty safe to assume that EVERYONE is still funding, just with restrictions.

    Anything in Transportation, or retail, or an industry that requires foot traffic/customers....those are pretty much dead.

    BTW....just got word that MALL OF AMERICA HAS CLOSED DOWN TEMPORARILY?

  12. #12
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    Quote Originally Posted by Chambo View Post
    I think it is pretty safe to assume that EVERYONE is still funding, just with restrictions.

    Anything in Transportation, or retail, or an industry that requires foot traffic/customers....those are pretty much dead.

    BTW....just got word that MALL OF AMERICA HAS CLOSED DOWN TEMPORARILY?
    To close this afternoon.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  13. #13
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    Quikstone is still funding but obviously restrictions will be in place.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  14. #14
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    Flash Advance has been Funding :


    These are my current COVID guidelines if I can help you fund a few deals let me know. ;
    Criteria: new threshold
    Minimum Revenue: 25,000 per month
    Minimum Time in Business: 1 year
    Maximum Duration: 120 days
    Minimum FICO: 550
    Currently operating and generating revenue
    Jake Strelzik
    Vice President / ISO Relations

    4000 Hollywood Blvd
    Hollywood , FL 33021
    954-641-8756 (office) /305-785-2548 (cell)
    888 472 2933 fax
    jstrelzik@flashadvance.com

  15. #15
    Quote Originally Posted by JakeS View Post
    Flash Advance has been Funding :


    These are my current COVID guidelines if I can help you fund a few deals let me know. ;
    Criteria: new threshold
    Minimum Revenue: 25,000 per month
    Minimum Time in Business: 1 year
    Maximum Duration: 120 days
    Minimum FICO: 550
    Currently operating and generating revenue
    Jake Strelzik
    Vice President / ISO Relations

    4000 Hollywood Blvd
    Hollywood , FL 33021
    954-641-8756 (office) /305-785-2548 (cell)
    888 472 2933 fax
    jstrelzik@flashadvance.com
    JAKE THE SNAKE! (he is not really a snake. Straight up guy and can sell very well!)

  16. #16
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    Breakout is still funding, primarily through FactorAdvantage. I don’t work there anymore, as most folks know, I sold the fintech subsidiary of the company (the part relevant to daily Funder) to a great group of investors (SecurCapital) and have a great new CEO, McLean Wilson. McLean has great experience in ABL and FactorAdvantage, which he’s only making stronger and more accessible to more companies. But don’t contact me, unless u need intro; contact Breakout (Steve Safirstein or McLean Wilson) for more info. But I think they may be one of the few lower rate lenders still active.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  17. #17
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    Quote Originally Posted by ABC2016 View Post
    Hopefully the funders can comment here directly instead of people just guessing.
    Funding Zone is still funding.
    info@funding-zone.com

  18. #18
    Senior Member Reputation points: 32977
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    24 hour/alfa are brokers. Hence why they charge psf's in all of their "contracts".

  19. #19
    False we are direct funders. We now run our own platform. Anyone who has funded with us within the last 1.5 years would know that.
    I understand with previous history and bad apples are found in all batches. But regarding myself and my ISO's, since we each manage our own Iso's, I run a clean and good business. My Iso's on here are relaying their real experiences and my results speak for themselves. In the end we are our own brand and I will only vouch for my efforts and results.
    Brian@24capital.com
    Come give me a try. Rome was not built in one day.
    Last edited by bgreen; 05-08-2020 at 04:38 PM.

  20. #20
    Senior Member Reputation points: 676
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    We are funding. Pay up to 12 points. Email us at info@pdmcapital.com for ISO package and guidelines.
    PDM Capital
    39 Broadway
    New York, NY 10006
    646-876-1055

  21. #21
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    it sounds like most first position companies are funding equip leasing, factoring, or "other" types of financing, not really any meaningful MCA/Loan business.

  22. #22
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    Quote Originally Posted by fundingsmbs View Post
    it sounds like most first position companies are funding equip leasing, factoring, or "other" types of financing, not really any meaningful MCA/Loan business.
    I am not sure about the MCA world as we do not do any business in the industry. Some companies in other facets of alternative lending may have changed guidelines as the environment has certainly chained. It would be prudent to take the temperature of any alternative finance company before sharing any deals. We are fine as we have a good balance sheet. I have heard that some factors have laid off a lot of staff and reeled it in a bit....especially the non-recourse factors in the apparel trade. Others that have credit facilities with the usual suspects that supply them have had their credit partners tighten rules/credit. Again, we do not have this issue.....

    KH
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  23. #23
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    Lending Valley, Inc is still funding! We have updated our guidlines to run standard across all states.
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  24. #24
    Senior Member Reputation points: 158630
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    I think we need to know who some of these "funders" used to be in order to accept them as legit now. Like a baseball card for example.

    Moshe Bagadonuts "Bags", Brooklyn N.Y
    Underwriter, drafted 2016, Fast Cash Capital Funding, Switch Hitter
    2017 Credit Capital Resources/ Cash Pile LLC
    2018 Rapid Stack Capital/ Capital Kite Markets/ Green Funds
    2019 UCC Recovery Services Inc./ COJ Pursuit Partners
    2020 Free Agent/ Hung Shingle Capital

  25. #25
    Quote Originally Posted by ABC2016 View Post
    Hopefully the funders can comment here directly instead of people just guessing.
    Roc Funding, is funding.

    underwriting@rocfundinggroup.com

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