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  1. #1
    Senior Member Reputation points: 208
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    Direct lenders list

    Which direct lenders are still funding?

  2. #2
    Member Reputation points: 10
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    Jan 2020
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    Austin, Texas
    Posts
    6

    GetBackd is still funding.


    Nathaniel Paez
    (512) 412-5714
    Nathaniel@getbackd.com

  3. #3
    Senior Member Reputation points: 57159
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    Dec 2017
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    Getbackdoored. No thx

  4. #4
    Advantage Capital Funding is, and has been, funding through the pandemic. Reach out for iso agreement or guidelines.

    izzy@advantagecapitalfunding.com

  5. #5
    Senior Member Reputation points: 6261
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    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
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    We are still funding. Reach out for an ISO agreement and copy of our guidelines.
    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

  6. #6
    Sponsor Reputation points: 9172 DannyFoxCap's Avatar
    Join Date
    Feb 2019
    Location
    Miami, FL
    Posts
    145

    Fox Business Funding has been funding again for a few weeks. Starting next week we will ease our restrictions, reach out if you are not already signed up.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  7. #7
    Member Reputation points: 3079
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    Brooklyn, New York
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    Lending Valley, Inc is funding!
    From $1,500.00 to $150,000.00
    1st - 3rd position.
    Buy starts at a 1.25
    Daily and weekly options available.
    10pt commission + Volume bonus + NYC Bonus + Monthly bonus (ontop of the 10pt commission)
    Feel free to reach out!
    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

  8. #8
    Brian w 24 capital is still funding and has been during covid. Yes we were conservative at first and still are monitoring heavy, however we never stopped.Paying on renewals unlike the horrors read on here in this trying time. I for my Iso's closed 1.1m this month. A few have given me shout outs on here and much appreciated. Please reach out for an iso agreement and details

    brian@24capital.com

  9. #9
    MCG continues to fund. Happy to discuss any deals.
    Andrew Roberts
    Merchant Cash Group
    212 532 9200
    andrew@merchantcashgroup.com

  10. #10
    Veteran Reputation points: 120462 Chambo's Avatar
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    New York City
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    Quote Originally Posted by Iscibibi153 View Post
    Which direct lenders are still funding?
    too general a question...half these MFers out here will say they are still funding.

    You need to ask "who is funding and what are the new criteria and restrictions"? Because 3/4 of these guys who SAY they are funding, all of a sudden think they are TD Bank and want to UW and decline as such

  11. #11
    Veteran Reputation points: 137930 J.Celifarco's Avatar
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    New York
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    Quote Originally Posted by Chambo View Post
    too general a question...half these MFers out here will say they are still funding.

    You need to ask "who is funding and what are the new criteria and restrictions"? Because 3/4 of these guys who SAY they are funding, all of a sudden think they are TD Bank and want to UW and decline as such
    also will say we are funding decline everything and use this as a data grab. Wait 60-90 days depending on that their iso agreement says then call the deal themselves. This is not the time to be looking for new funders. You should be strengthening your existing relationships. You will fund more and stay protected.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@thehorizonfinancialgroup.com

  12. #12
    Senior Member Reputation points: 271225
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    Location
    Boynton Beach, FL
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    2,940

    Well.... We are publicly traded company with total assets somewhere around $7Bil. We are providing ABL facilities and factoring facilities for new clients. We have been funding current clients during the crisis. Kudos to us.... 100% of our factoring and ABL clients applied and received PPP from our bank through our division. Advantage Seacoast........
    Kevin Henry
    Managing Director-Commercial Services
    Sterling National Bank
    KHenry@SNB.Com
    609-273-6325
    Boynton Beach, FL

  13. #13
    Senior Member Reputation points: 196550
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    Quote Originally Posted by Clark Sica View Post
    Lending Valley, Inc is funding!
    From $1,500.00 to $150,000.00
    1st - 3rd position.
    Buy starts at a 1.25
    Daily and weekly options available.
    10pt commission + Volume bonus + NYC Bonus + Monthly bonus (ontop of the 10pt commission)
    Feel free to reach out!
    what exactly is NYC bonus?

  14. #14
    Senior Member Reputation points: 208
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    May 2020
    Posts
    105

    What makes you say that?

  15. #15
    Member Reputation points: 3079
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    Jan 2020
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    Brooklyn, New York
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    Any deal funded in any of the 5 borroughs of NYC gets you 1pt bonus on that file. This is our lifetime bonus.
    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

  16. #16
    Good people everywhere, 24 Capital is open and funding deals same day, paying 10 points to new ISOs.

    Submit an ISO agreement request to deals@24capital.com

    Minimum Requirements
    FICO: 550+
    Min. Monthly Gross Deposits: $35,000
    Time in Business: 1 Year
    Trucking Requirements: 7+ Trucks / $75,000 Gross Revenue / AR Report
    Construction: $75,000 AR Report
    Max Funding Amount: $1M
    Max Term: 10 Months
    Repayment Options: Daily and Weekly Options Available

    Restricted Industries
    Auto Sales
    Non Profit
    Cannabis
    Lawyers

  17. #17
    RDM Capital is up and running. Under our current guidelines, we are funding clean 2nd and 3rd position deals with buy rates starting at 1.30, terms up to 9 months, and paying up to 12 points. Feel free to reach out for more info
    Avraham Sharaby
    Director of Business Development

    RDM Capital Funding
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012


    Phone: 973-500-6692
    Fax: 973-241-3193
    Cell: 443-416-2765

    Asharaby@RDMCapitalFunding.com
    www.RDMCapitalFunding.com

  18. #18
    Senior Member Reputation points: 4429
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    Jul 2015
    Location
    Tampa Florida
    Posts
    372

    We never stopped. Credit Card Splits only.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions
    Exclusively funding credit card split deals since 2005
    Desk 813-371-8233 Mobile 727-492-8812
    Jason.Hausle@quikstonecapital.com www.quikstonecapital.com


    100% Direct Lender

  19. #19
    Member Reputation points: 13
    Join Date
    Feb 2020
    Location
    Anaheim, CA
    Posts
    26

    LoanMe is lending!

    I've noted some temporary guidelines regarding states and SIC codes below. While we are performing extra diligence on files and have some additional layers to our underwriting process, LoanMe is absolutely lending.

    Feel free to reach out via the info in my signature if you'd like to discuss an ISO partnership.

    States List: 28 states (we will not be funding LA and NJ at this time)
    States we will be considering= AL, AZ, CA, DC, DE, HI, ID, IL, IN, IA, KS, KY, ME, MD, MS, MO, NE, NH, NM, NC, OH, OR, SC, UT, VA, WA, WI, WY

    Industries LoanMe will take a look at:
    SIC Description SIC Description
    Agriculture, Forestry, Fishing Transportation and Public Utilities
    01xx Agricultural Production Crops 40xx Railroad Transportation (commercial)
    02xx Agriculture production livestock and animal specialties 42xx Trucking and Warehousing
    074x Veterinary Services 44xx Water Transportation (Freight); Excludes 448x-Water transportation of Passengers
    078x Landscape And Horticultural Services 49xx Electric, Gas and Sanitary Services
    07xx Agricultural Services
    091x Commercial Fishing Wholesale Trade
    50xx Wholesale Trade-Durable Goods; Excluding 501x Motor Vehicles and MV parts/supplies AND 502x Furniture and Home furnishings
    Construction 51xx Wholesale Trade- Nondurable Goods; Excluding 513x Apparel, piece goods and notions
    15xx Building Construction General Contractors And Operative Builders
    16xx Heavy Construction other than Building Construction Contractors Retail Trade
    17xx Construction Special Trade Contractors 52xx Building Materials, Hardware, Garden Supplies
    54xx Food Stores
    Manufacturing 553x Auto and Home Supply Stores
    20xx Food and Kindred Products 591x Drug Stores And Proprietary Stores
    21xx Tobacco Products 592x Liquor Stores
    24xx Lumber and Wood Products
    26xx Paper and Allied Products Finance, Insurance, Real Estate
    27xx Printing, Publishing and Allied Industries 64xx Insurance Agents, Brokers, And Service
    28xx Chemicals and Allied Products
    29xx Petroleum and Coal Products Services
    30xx Rubber and Misc. Plastics Products 721x Laundry, Cleaning, And Garment Services
    32xx Stone, Clay and Glass Products 726x Funeral Service And Crematories
    33xx Primary Metal Industries 7291 Tax Return Preparation Services
    34xx Fabricated Metal Products 7342 Disinfecting and Pest Control Services
    35xx Industrial And Commercial Machinery And Computer Equipment 737x Computer Programming, Data Processing, And Other Computer Related Services
    36xx Electronic And Other Electrical Equipment And Components, Except Computer Equipment 7381 Detective, Guard, and Armored Car Services
    37xx Transportation Equipment 7382 Security Systems Services
    38xx Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks 80xx Health Services
    39xx Miscellaneous Manufacturing Industries 81xx Legal Services
    871x Engineering, Architectural, And Surveying
    872x Accounting, Auditing, and Bookkeeping Services
    *Bold Text Denotes Categories- Only businesses listed below these categories will be allowed. 873x Research, Development, And Testing Services
    Joel S Galasso
    National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  20. #20
    We are FUNDING 1st-3rd position deals and have not stopped funding through the pandemic. Reach out for aggressive and competitive rates, we will not disappoint.
    Benjamin Lugassy
    SOS Capital
    blugassy@soscapital.com
    P:212-235-5462
    F:212-235-5459
    www.soscapital.com

  21. #21
    Senior Member Reputation points: 11124
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    Mar 2019
    Posts
    184

    IRM Capital is back up and funding!
    We fund 2nd position and on.
    We pay up to 12 points on a deal.
    Our turn around time is extremely quick.
    We are very flexible when it comes to beating out other offers.

    I would be lying if I said funding is back to normal like pre Covid times.
    IRM VENTURES CAPITAL
    Head of ISO Relations

    Office: 732-592-3840
    Email: mark@irmcapitalllc.com
    https://irmcapitalllc.com/

    Direct Funder

  22. #22
    Premier Capital Funding got back to funding!
    We do 2 and 3rd positions B and C papers and consolidation if the merchant is on time with his payment to current lenders with no reduction.
    Fico 500+ and monthly 15K+, with steady income during the past 6 months, no more then 5 nsfs.

    Apply to be our ISO partner at iso@premierecapitalfunding.com

  23. #23
    Senior Member Reputation points: 32977
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    Posts
    232

    Quote Originally Posted by Premiere Capital Funding View Post
    Premier Capital Funding got back to funding!
    We do 2 and 3rd positions B and C papers and consolidation if the merchant is on time with his payment to current lenders with no reduction.
    Fico 500+ and monthly 15K+, with steady income during the past 6 months, no more then 5 nsfs.

    Apply to be our ISO partner at iso@premierecapitalfunding.com
    Eh, no thanks.

    You guys are only doing consolidations for merchants that have no payment reduction due to COVID-19? LOL

    Even par stopped doing reverses. Something is not adding up.

  24. #24
    Bridge Funding is back to funding after everything has happened in New York, if you would like to sign up contact Mark@bridgefundingcap.com
    A-D paper
    1-6 positions
    previous defaults
    6 months in business
    25k min rev
    no restrictions on industries

  25. #25
    hopefully www.bridgefundingcap.com isn't the website, because all i get is a 404 error.

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