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  1. #1
    Senior Member Reputation points: 11927 FUND3R1's Avatar
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    Funders & Preferred Businesses

    Hello All- Happy Monday

    Was reaching out to see if any funders have released updated guidelines that they want to post in here, so they don't receive submissions they cannot fund right now.
    Also any Funders that have Preferred Businesses at this time maybe you want to post them in here so that will help people narrow down on which businesses to call. I will start with a funder who sent me an e-mail this morning:

    Credibly

    * MTD is required with each submission
    *They are actively funding the following industries:
    Provided MTD revenue has not decreased by more than 35%

    *Dentisits
    *eCommerce
    *Medical
    *Lawyers
    *Home Health Care
    *Assisted Living Facilities
    *Funeral Homes
    *Pharmacies
    *Convenience Stores
    *Home Improvement Centers
    *Gun Dealers
    *Insurance Agencies
    *Delivery Services

    Provided MTD revenue has not decreased by more than 10%
    *Trucking (max loan- $150k)
    *Technology firms (no consultants)
    *Home Builders
    *Pool Maintenance
    *Hardware Services
    *Home Improvement Centers
    *Gun Dealers
    *Manufacturers of essentials services
    FUND3R1

    "Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"

  2. #2
    Senior Member Reputation points: 86751
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    gun dealers and funeral homes? some irony in that

  3. #3
    Senior Member Reputation points: 11927 FUND3R1's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    gun dealers and funeral homes? some irony in that
    Or Lawyers? lol
    FUND3R1

    "Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"

  4. #4

  5. #5
    Become has begun placing more focus on helping e-commerce businesses specifically find the lenders that meet their financial needs - though most industries are still able to find funding solutions through Become's marketplace.

    Indeed, most lenders in Become's network won't fund businesses in industries such as:
    - Gambling
    - Firearm Sales
    - Adult Entertainment
    - Drug Paraphernalia
    - Pawn Brokers

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