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04-28-2020, 08:30 PM #1
Reputation points: 1960
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- Oct 2019
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Thats my link Ivy Lender, seems to be working fine for me.
https://www.ivylender.app/s/?vLeadSo...naciodomniguez
PPP was a bit of a nightmare for me. I started with southend with an agent agreement commission.
After 7 days applications not going no where Southend sent an email to me stating they wer not going to proceed with my applications, i didn't have no where to turn. Then Ondeck my current loan provider got approved to be a broker sending the PPP apps to their Lenders. They told us no Commission. At that point i didn't care i just wanted the applications to be funded so i sent my PPP apps to ondeck. So far so good all the merchants are getting correspondence and updates on status. with some looking like funding any day now. Then Ivy Lender came into play with a small commission for PPP.
Just trying to make it work and not wait for a handout.
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04-28-2020, 09:06 PM #2
Reputation points: 84417
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- Mar 2014
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- Florida
- Posts
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On Deck was only approved last week - and there were zero funds.
Monday April 27, 2020 - @ 10:30 a.m. SBA started accepted applications.
So you are stating that in less than 24 hours you had PPP applications approved & funded thru OnDeck?
That is sure an amazing feat since on their web site they states the following:
If you have not already been approved for a PPP loan, you can apply now through OnDeck, even if you have put in a PPP application elsewhere. Applying for a PPP loan with OnDeck will not impact the status of any prior PPP applications you may have submitted. Please note that additional SBA funds for PPP are not yet available. We will begin submitting applications to the SBA once funding has been approved and released. Applications from existing OnDeck customers may be prioritized over non-customers for submission to the SBA.
This article was posted on DeBanked:
https://debanked.com/2020/04/online-...-be-refreshed/Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-29-2020, 08:51 PM #3
Reputation points: 1960
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- Oct 2019
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