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  1. #1
    Banned Reputation points: 19
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    Any direct lender that fund (D Paper) that pays more than 12 points???

    PM only for more details. Thanks

  2. #2
    just forward

  3. #3
    Ad Cooper to that list-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  4. #4
    get your deals done and be grateful for the 10-12 thats my opnion , anyone paying out too much is backdooring thats how they make their extra money. when a funders says 10 on a 1.499 its usually a good thing

  5. #5
    Senior Member Reputation points: 81655
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    Quote Originally Posted by Creative Lender View Post
    PM only for more details. Thanks
    A FUNDER paying 12 points on "D" Paper - what is the "FACTOR RATE" to the business owner?
    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

  6. #6
    Senior Member Reputation points: 14091
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    Quote Originally Posted by michael2100 View Post
    get your deals done and be grateful for the 10-12 thats my opnion , anyone paying out too much is backdooring thats how they make their extra money. when a funders says 10 on a 1.499 its usually a good thing
    The going rate in the highrisk paper is 12 on a 1.499.
    To say that if a funder pays more than 10 is only doing so just because they are backdooring to make up for the money is just false.

  7. #7
    Senior Member Reputation points: 1519
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    ClearFund has a similar Upsell/Down-sell option as Forward Financing - Our ISOs can upsell most deals to a 1.60 paying 15 points. (At the ISOs discretion)

    Generally though our deals go out at 1.499’s paying 10-12 points.
    Underwriting Desk | ClearFund Solutions | New York, NY.
    P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
    _____________________________

    ClearFund is a Direct Funder
    ISO inquires: partners@clearfund.co

  8. #8
    Lendini has low buy rates (I've seen 1.40 sell rate paying 15 points.)
    Everest has 1.50 sell paying 15 points on some deals.
    Bitty pays 13 points on a 1.49 sell.
    Vader pays 13 points on a 1.53 sell.
    Clearfund lets you upsell 2 for 1 up to 1.6 sell rate.
    Forward is a good option too but they're not taking new ISO's so you need to shop through someone. You'll need to split comm so you're not getting more than 12 points regardless.
    Matt Brown
    - Office manager
    - Seven Seas Funding
    - matt@sevenseasfunding.com

  9. #9
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    Non Default Deals come at a 1.49 Paying 10 Points
    Non-Default deal can be Upsold to a 1.54 and you Keep the Points
    Non-Default Deals Max Payout to Broker is 15 Points

    Default deals come at a 1.49 Paying 8 Points
    Default Deals Upsold to a 1.60 (Upsell Split Between Broker and Us)
    Default Deals Max Payout to Broker is 13.5 Points

    We fund 2,500 - 10k

  10. #10
    Senior Member Reputation points: 4118
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    Location
    Brooklyn, New York
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    Lending valley pays 13 points on all deals above 5k.
    We fund from $1,500 - $150,000
    A-C paper
    1st - 3rd position
    Buy rates start at a 1.25
    Weekly payments available
    Minimal Stips
    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

  11. #11
    Senior Member Reputation points: 3706
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    Jan 2017
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    Funding Guide Lines:
    FICO 500+
    1st - 6th position deals
    In Business For A Minimum Of 3 Months
    Soft Pull On Processing
    $10,000 A Month In Revenue
    Funding from $3,000 to $2,000,000
    Terms from 40 days to 12 months
    Daily & Weekly payment options
    Renewals at 50% Paid In

    Automatic Declines:
    Monthly Revenue Under $10,000 Per Month
    More Than 10 Negative Days
    Stopped Payment On A Funder
    Excessive Return Payments
    Low/Negative Daily Balances

    Would love the opportunity to fund your deals!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  12. #12
    Member Reputation points: 10
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    Quote Originally Posted by Creative Lender View Post
    PM only for more details. Thanks
    send me over your email

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