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  1. #1
    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.

  2. #2
    Senior Member Reputation points: 84417
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    Location
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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

  3. #3
    Quote Originally Posted by Yankeeman07 View Post
    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/
    No i never stated they got funded......Really!!!

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