Results 1 to 16 of 16
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10-19-2020, 02:56 PM #1
Who is currently funding with terms like BFS aand CAN use to before COVID ?
Hello........ been out of the game for 9 months - looking for Funders that will go beyond 5 months on a 1st..... as i said have been out of the game for a while.
Thank you
Gavin
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10-19-2020, 03:00 PM #2
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Hey there,
ClearFund would do 100 days on a 1st if the file warrants it.
we specialize in snap funding micro deals. (2k-25k)
Send us an email at partners@clearfund.co or deals@clearfund.co
Thanks.
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10-19-2020, 03:14 PM #3
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10-19-2020, 03:24 PM #4
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10-19-2020, 03:25 PM #5
IOU Financial, Kapitus, Mulligan, OnDeck, RapidFinance.
National Funding is also working with select ISOs after heavily trimming their ISO book.
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10-19-2020, 03:31 PM #6
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*We will go out 12months on 1st positions, however we have a tough time competing with the lenders, PRICE wise, in the prior mentioned thread.
*On the flip side our STIP list will NOT be as extensive as those lenders.
*HIGHLY competitive price/term wise on 2nd & 3rds, and will dabble with higher risk 4th & 5th positions, all dependent upon the current lenders pulling.
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10-19-2020, 03:45 PM #7
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We don't offer MCA...... We are actively providing factoring facilities and asset based lines of credit. Another great deal done here.....
https://seacoastbusinessfunding.com/...ign=annc_oct15Hedley Lamarr......That's Hedley
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10-19-2020, 04:48 PM #8
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Didn't ODC go to 6 point commissions and only on net on renewals? Any changes since Enova acquired? What about TBB that Enova also owns? Are they still funding?
Mulligan- they chop deals in UW too much or never offer enough money. Once you get contracts signed, they reduce the offer. Too many headaches
CAN- heard they may be coming back? Anyway to verify?
Kapitus and Credibly seem to be the two companies who didn't stop funding and majority of brokers fund deals with for A paper do to consistency.
National- why would they earn your business if they "trimmed" ISO's. Does that mean those ISO's lost their book with them?
Also, some of these companies broker out up to 40% of their business when they don't want to renew or their direct sales takes the leads. Buyer beware
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10-19-2020, 06:22 PM #9
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- Sep 2020
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Credibly is still funding deals at 12 months.
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10-19-2020, 06:48 PM #10
We don't act as an ISO so can't speak for payouts, just for programs that are available because it's worth keeping up with.
Which of these broker out files? It would be good to know so we don't refer ISOs to funders that may not honor renewals or create unnecessary competition.
CAN is currently working renewals, uncertain about their status for new business.
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10-20-2020, 12:23 AM #11
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10-20-2020, 05:42 AM #12
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- Jun 2019
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Greenwich Capital Management Funding out to 12 months - Buy rate as low as 1.09 - Ask about our LOC program with rates as low as 2.75% a month. We are aggressively funding upto 750k -
Email Inquiries@gcmcapitalgroup.com for ISO Agreement.
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10-20-2020, 10:28 AM #13
Reputation points: 124
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- Jul 2017
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- 31
That's where we staked our roots years ago. Began funding high risk deals over the course of the past several years, and recently acquired more cost effective capital to compete on 1st-3rd position deals. We are a direct lender!
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10-20-2020, 11:51 AM #14John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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10-20-2020, 12:24 PM #15
Reputation points: 4118
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- Jan 2020
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- Brooklyn, New York
- Posts
- 119
Welcome back to the battlefield! Lending Valley, Inc has a max term of 8 months. Our funding Ranges from $1,500.00 - $150,000.00 - Daily and weekly payments available to qualified merchants - we fund A-C paper
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
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10-22-2020, 07:00 PM #16
Reputation points: 10
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- Aug 2019
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Gavin Windgate Capital can go up to 10 months, weekly payments and offer the most competitive buy rates in the low 1.20's call me or email me and id love to get you some more information
Best Regards,
Scott King | Director of ISO Relations
Windgate Capital
90 Broad St, 16th Floor, New York, NY 10004
Direct: (516) 400-2062 ǀ Cell: (917) 565-9880
Scott@WindgateCapital.com ǀ https://www.WindgateCapital.com
CLICK HERE TO E-SIGN ISO AGREEMENT
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