Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1

    Velocity CAPITAL Group

    Always hearing about this company but for certain reasons I am skeptical.

    1. Are they ACTUALLY DIRECT? Confirmed no white labels?
    2. What is their sweet spot? (forget about what they say it is)
    3. They claim to "buy out positions" I've never seen this in statements - do they?
    4. I've also never seen them doing a reverse which they market as doing - do they?

    No need for their ISO rep/s to respond to this - I'm looking for unbiased feedback.

  2. #2
    Senior Member Reputation points: 65969
    Join Date
    Jul 2017
    Posts
    542

    Quote Originally Posted by FundingTap123 View Post
    Always hearing about this company but for certain reasons I am skeptical.

    1. Are they ACTUALLY DIRECT? Confirmed no white labels?
    2. What is their sweet spot? (forget about what they say it is)
    3. They claim to "buy out positions" I've never seen this in statements - do they?
    4. I've also never seen them doing a reverse which they market as doing - do they?

    No need for their ISO rep/s to respond to this - I'm looking for unbiased feedback.
    They are direct. Compete best with C paper even though they claim they do B which they do but I don't find super competitive. If EBF gives you a 6 month offer they will do better. Reverses only happen when there are like 2 positions in there. Decent company.

  3. #3
    Quote Originally Posted by freeprocessing View Post
    They are direct. Compete best with C paper even though they claim they do B which they do but I don't find super competitive. If EBF gives you a 6 month offer they will do better. Reverses only happen when there are like 2 positions in there. Decent company.
    agreed . They are useless for anything but c paper

  4. #4
    great company..........never an issue and they go out 160 days with weekly payments

  5. #5
    Senior Member Reputation points: 5328
    Join Date
    Jul 2017
    Posts
    128

    Yes, they are a real Funder, good people.

  6. #6
    Senior Member Reputation points: 35870
    Join Date
    Jun 2019
    Posts
    191

    Quote Originally Posted by FundingTap123 View Post
    Always hearing about this company but for certain reasons I am skeptical.

    1. Are they ACTUALLY DIRECT? Confirmed no white labels?
    2. What is their sweet spot? (forget about what they say it is)
    3. They claim to "buy out positions" I've never seen this in statements - do they?
    4. I've also never seen them doing a reverse which they market as doing - do they?

    No need for their ISO rep/s to respond to this - I'm looking for unbiased feedback.
    i know them personally as well, although i dont do a ton of business with them. They are good people and get pretty aggressive on dollar amount.

    1. I believe they are direct
    2. most of the offers ive recieved from them are 2nds.
    3. Ive seen them do a couple of buy outs on 1-2 positions if they like the deal.
    4. They dont do revereses as far as i know.

  7. #7
    VCG is a very good firm, honest people.

Similar Threads

  1. Velocity Capital Group
    By Finance Guru in forum Merchant Cash Advance
    Replies: 0
    Last Post: 06-15-2020, 10:51 AM
  2. Velocity Capital Group- VCG
    By Nikkiclean06 in forum Merchant Cash Advance
    Replies: 26
    Last Post: 10-09-2018, 05:35 PM
  3. Velocity Capital Group - What makes iso's tick?
    By Velocity Capital Group in forum Merchant Cash Advance
    Replies: 0
    Last Post: 09-06-2018, 03:56 PM
  4. Anyone heard of Velocity Funding Group?
    By Lender Of Gold in forum Merchant Cash Advance
    Replies: 1
    Last Post: 05-24-2018, 05:19 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY