Looking for 6 lenders to send my files to......
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  1. #1

    Looking for 6 lenders to send my files to......

    I am pretty new to the industry, But I have years of sales experience and have a strong team that is willing to put the work in. I have made a few mistakes, I went on a ISO spree. I signed up with anyone who would take me, BIG MISTAKE 1. I have lost to date over 600k in deals because I would shop it out to everyone that I thought was a real lender and instead they are just brokers like me.They would have slow responses,change terms at closing,promise one thing deliver something totally different, selling my lead out to anyone who will buy etc, nonetheless I am looking for SIX lenders to send my files to. I would love to hear your advice, and if you are going to pitch me on why I should send my files to you ....MAKE IT GOOD!
    THANKS IN ADVANCE

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    BofI
    On Deck
    CAN
    MCC
    Retail
    Pearl
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    that is a pretty solid list, I would switch out yellowstone for pearl and add GRP but all good shops on that list.. MCC and Ondeck for sure

  4. #4
    Senior Member Reputation points: 32658 Zach's Avatar
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    Once you're more established, you can sign up with Quickbridge too. They are solid for "B" paper and funky industries.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  5. #5
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    Quote Originally Posted by Zach View Post
    BofI
    On Deck
    CAN
    MCC
    Retail
    Pearl
    What kind of programs does BofI offer?

    Also I would add that GRP has great service for A deals and Fast Business Funding for B deals.

  6. #6
    Senior Member Reputation points: 32658 Zach's Avatar
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    Equity loans, bank loans, etc. You'll need a licensed broker for your corporation to submit there
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  7. #7
    Senior Member Reputation points: 32658 Zach's Avatar
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    and good call on everest/fbf... they are solid
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  8. #8
    Senior Member Reputation points: 17416
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    Quote Originally Posted by Zach View Post
    Equity loans, bank loans, etc. You'll need a licensed broker for your corporation to submit there
    Licensed mortgage broker?

  9. #9
    Max Advance is a direct lender with industry leading commission payouts. Our seamless underwriting process funds your deals with ease! Give us a call and we can get you set up. We give all our ISOs VIP Treatment

    Maxadvance Banner 2.jpg
    Christina Rossi
    Business Development
    Account Executive
    Tel: 866-629-4464 ext 229
    Fax: 917-368-6943
    Crossi@maxadvance.com
    www.maxadvance.com

  10. #10
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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    Yellowstone can in some cases turn around files from submission to approval in under an hour. We can also in some cases fund deals the same day they are submitted. Most of the deals we handle are higher risk and declined files. We work with 3/4 of the iso community and work hard to get every file funded.

    800-955-2411

  11. #11
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by channin19 View Post
    Licensed mortgage broker?
    A commercial loan broker.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  12. #12
    Senior Member Reputation points: 8592
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    For A paper lenders, pretty much anyone on this list:

    http://northamericanmaa.org/category/our-members/

    Along with CAN capital, and On Deck

    For Medium/High Risk Files I would go with Everest

    And for the HIGHEST risk files(the ones nobody should fund), send to yellowstone or pearl capital
    Second place? Set of steak knives.

  13. #13
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    This is the 6 I use

    Can Capital-A paper
    GBR-they have the greatest pre-approvals but decline a lot later on in underwriting
    SFS-very reliable and an amazing system for syndication
    Snap-very diverse for your 6 month and up paper, they fund in Canada and PR
    Retail Capital-outside of the box
    Yellowstone-they will fund almost all of my highrisk and decline paper, lower commission but very important to get these type of deals funded

  14. #14
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Looking for 6 lenders to send my files to......

    Can
    snap
    amerimerchant
    the business backer
    fast business funding/everest
    capcall
    new era
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  15. #15
    Banned Reputation points: 306
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    Strategic is consistently cranking out approvals / declines for us in 1 hour or less... 7 seconds or less soon.

  16. #16

    payroll financing is good for stacked deals

    Www.fundmypayroll.com is a good company for you to add. They are a direct lender that us good for your clients that already have 1-5 loans already and want to consolidate. Email steveh fundmypayroll.com

  17. #17
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    Looking for 6 lenders to send my files to......

    can dnap compete with on deck and can?

  18. #18

    Lendini.com

    Superior send all your B and cleaner C paper files to submissions@lendini.com. I will offer you in house support as your are learning the business, this is so valuable in the beginning stages for you. I can also assist in closing deals for you as well. I can show you how to read a file and understand your deal before you send it out. Lendini offers same day 1-2 hour approvals, paying 10 pts commission, we pay commissions SAME DAY as funded, within 24 hours, no more waiting 1-2 weeks from lost lenders. We also pay FULL COMMISSION on all renewals. We do 1st and 2nd position deals and can fund same day !! Please give me a call today to discuss. 267-569-7107 or email me at Eddie.deangelis@lendini.com, thanks pal !!

  19. #19
    If you want to see the BEST possible deals in the industry, I have the resources. Give me 1% of your trust and the power of my products will earn the other 99%. Contact me for further info on this matter.

    Sean Kelso
    Account Executive
    D: 516-323-2477
    C: 631-834-6172
    E: SKELSO@MCAMERCHANT.COM
    WWW.PLATINUMRAPIDFUNDING.COM

  20. #20

    Looking for 6 lenders to send my files to......

    That last post was a Zig line ... RIP Zig ... your lines live on.

  21. #21
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    Hey Superiorfunding,

    If you have anything Medical, kick them my way. I'm with ProMED Healthcare Financing, a direct lender to strictly the Healthcare space.

    Check us out:
    http://www.promedhcf.com
    Last edited by ChrisMusto; 11-11-2014 at 05:37 PM.

  22. #22
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    Yup, have heard some variation of that line everywhere I have ever been professionally. The problem is the Merchants we call probably hear it constantly as well. Classics never die though!

  23. #23
    If you have a medical deal, we are a direct lender and can provide AR lines of credit and factoring. In my opinion a much better choice for a client than MCA's.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

  24. #24

    Looking for 6 lenders to send my files to......

    Call Brendan at BATTER UP CAPITAL I can help get any deal done. 8604784378

  25. #25

    Looking for 6 lenders to send my files to......

    I'm also the ISO recruiter for greenbox capital best 2nd position company in the industry. Brendan@gboxcapital.com and I'll get an ISO agreement right out to you. Up to 12 points per deal

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