Results 1 to 25 of 29
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10-07-2014, 09:50 PM #1
- Join Date
- Sep 2014
- Posts
- 30
who are the best second position lenders - highest approvals, longest terms, etc???
I understand these deals obviously aren't as good as 1st position deals and you have to take when you can get but there has to be a few lenders out there that are better than the obvious one or two that fund behind every deal no matter what ..(I won't say the names)
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10-07-2014, 10:47 PM #2
- Join Date
- Aug 2014
- Posts
- 2
who are the best second position lenders - highest approvals, longest terms, etc???
I would recommend Knight Capital, I've been sending my business there since January, they are great. Strong approvals and good communication. Funding process isn't like pulling teeth, like those we are not mentioning. My merchants love dealing with their reps. Commissions are paid the same day.
Call Marty/Jen - 786-464-8406
Tell them Carrie from KH Consulting referred you.
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10-08-2014, 06:29 AM #3
- Join Date
- Jun 2014
- Posts
- 195
Yellowstone always gets it done for me and fast!
Pearl used to be great but not anymore, their approvals and turn around time sucks
Fast Business is also good
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10-08-2014, 11:47 AM #4
- Join Date
- Jun 2014
- Posts
- 541
Cooper takes pride in its turn around time & underwriting flexibility on files with current open positions-
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg
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10-08-2014, 11:47 AM #5
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
The best one is the one that pays off the 1st one
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10-08-2014, 12:32 PM #6
We do it here, all based on statements and the merchant give me a call 516-208-1268 or email me the details at cscuderi@mcamerchant.com
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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10-08-2014, 12:38 PM #7
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10-08-2014, 12:42 PM #8
who are the best second position lenders - highest approvals, longest terms, etc???
Florida, Marty is the man!
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10-08-2014, 02:58 PM #9
- Join Date
- Aug 2014
- Location
- NY, NY
- Posts
- 7
Knight can get some great approvals, but i'd recommend always sending it to someone else who works a bit faster. I'll send a deal to Knight, and by the time they send me their "we received your submission..." email, I've already gotten offers or declines from most of the other people I've sent it too. I'm a big fan of Platinum personally. Quick, efficient, and they can get you some great approvals. Accord and Everest are also great in my book. I have experience with both of them revising offers substantially after some negotiating.
Sincerely,
Eric Dobesh
ISO Relations Executive
One Source Financing, LLC
149 West 36th Street
12th Floor
New York, NY 10018
212-444-1303 x206 - Office
(646)-459-0639 - Fax
Please visit us at: onesourcefinancing.com
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10-08-2014, 03:01 PM #10
- Join Date
- Jun 2014
- Posts
- 7
Quarterspot does very competitive second positions. $5,000-$150,000
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10-08-2014, 03:21 PM #11
- Join Date
- Jun 2014
- Posts
- 7
Quarterspot does very competitive second positions. $5,000-$150,000
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10-09-2014, 11:10 AM #12
Core Financial
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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10-09-2014, 11:10 AM #13
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
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12-24-2014, 09:52 AM #14
- Join Date
- Nov 2014
- Posts
- 71
Which Platinum are you referring to?
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12-30-2014, 10:34 PM #15
- Join Date
- Dec 2014
- Posts
- 93
who are the best second position lenders - highest approvals, longest terms, etc???
We can do them at World Business Lenders! Please contact me for more information edreselly@wbl.com
Erin Dreselly
World Business Lenders
81 Market Sq., Suite 7
Newington, CT 06111
Direct: 860-549-2419
Cell: 860-692-4636
Fax: 860-499-5413
Email: edreselly@wbl.com
Web: www.wbl.com
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01-02-2015, 11:04 AM #16
- Join Date
- Apr 2013
- Posts
- 358
What is the website for Everest?
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01-02-2015, 12:12 PM #17
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01-29-2015, 01:15 AM #18
- Join Date
- Jan 2015
- Posts
- 11
Who ever wants to sign up a Cali ISO PM me
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01-29-2015, 01:05 PM #19
- Join Date
- Oct 2014
- Posts
- 260
I would recommend Lendini. Same day approvals, commission paid same day, minimal stips, fund quickly(docusign) and best of all (10 points built in on every deal). They also will match you point for point if you have to cut comms to compete on a deal.
Email Nick @ Nick.Yiambilis@lendini.com
also Everest is always good as people aforementioned, fast approvals and fast to fund.Second place? Set of steak knives.
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02-02-2015, 11:27 AM #20
- Join Date
- Jan 2015
- Posts
- 26
We Will do up to 9th position, deals with negative days, the tougher industries like bail bondsman, car dealers etc...
Would love to get in touch.
Avi
Avi Dahan
Funding Coordinator/ ISO Development
P:516-345-1227
F:347-933-6074
E:adahan@yellowstonecapllc.com
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02-02-2015, 01:00 PM #21
- Join Date
- Nov 2014
- Posts
- 71
Nice to see you on here Avi. Everyone has spoken so highly of you. I am sure people would love working with you. Avi's service, without a doubt, is the best.
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02-02-2015, 02:05 PM #22
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02-02-2015, 02:08 PM #23
- Join Date
- Jan 2013
- Location
- Berlin, CT
- Posts
- 191
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02-02-2015, 02:28 PM #24
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02-02-2015, 02:45 PM #25
I know for a fact there are "Funders" funding 9th position - wonder who will go out first, the merchant or the funder? Reminds me of the old Woody Allen joke; two elderly ladies are sitting in an all you can eat hotel in the Catskills; one says to the other, "The food here is not edible!" the other one says, "I know! And the portions are so small."
we have a great business which can help a lot of businesses - its the predators who are killing it.
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