[cruisinman]

Credibly and Fresh Funding . . .

Good peeps?

[FCF Fund]

Credibly gives decent offers and funds fast. Online portal so you can track deals which shows a funder with tech investment, separates the boys from the men. Haven't had issues with my renewals either with them, they communicate well and help if needed / requested.

Fresh Funding, never heard of them.....

[mca2150]

Hadn't heard of Fresh Funding either. How are they linked?

[TheUnderwritingProdigy]

Hadn't heard of Fresh Funding either. How are they linked?

never heard of fresh funding either. credibly = retail capital, that's about as far as i know.

[Esteban2000]

Credibly is a very solid Funder, they have been around quite a while and have good leadership, systems, financing and technology. Fresh is a very small outfit, low-profile, the guys I talk to there are Jason Ettinger and Ben Hirsch. They are in New York and recently added Edward Puerto as director of ISO relations.

[mca2150]

Credibly is a very solid Funder, they have been around quite a while and have good leadership, systems, financing and technology. Fresh is a very small outfit, low-profile, the guys I talk to there are Jason Ettinger and Ben Hirsch. They are in New York and recently added Edward Puerto as director of ISO relations.

Interesting, thanks for the info.

[fundingsmbs]

Fresh has put out some solid offers on deals, especially 2nd positions. Longer durations and lower rates than some others in that segment. Credibly, they have been around awhile. Good terms for A paper.

[abfunders]

I know the guys at Fresh. They used to have a broker shop, and I knew people who worked there, but they completely closed the broker shop and are now an ISO-driven funder.

[DonMcGrath]

Ben has been in the financial space for awhile and is very solid. They were very tech focused, meaning using tools to save time, increase marketing efficiency, and run a smooth operation overall.

[cruisinman]

Thanks for the candid replies . . .

We are leaning hard towards both of them as our Funding Partners . . .

[Michael I]

Thanks for the candid replies . . .

We are leaning hard towards both of them as our Funding Partners . . .

so i guess you decided just to became a broker instead of working with rok

[cruisinman]

so i guess you decided just to became a broker instead of working with rok

ROK wasn't a good fit for our current desires.

Was cool meeting Tony and Niko @ ROK. The bridge is still there if needed in the future.

Credibly has a slick platform and process. Fresh Funding fills a few niches.

We'll probably have several Funders so all of our eggs are not in one basket.

[fundingsmbs]

Good picks! As deals come in you can start to add addtl funder's based on what you need.

[cruisinman]

Good picks! As deals come in you can start to add addtl funder's based on what you need.

We need a few more to satisfy certain niches . . .

Appreciate the reply.

[mikem]

We need a few more to satisfy certain niches . . .

Appreciate the reply.

Credibly used to be known as a funder with a large sales floor and many brokers did not feel comfortable sending files their way for that reason. I don't know what's happening now. I do know firsthand of a funder that was getting their declines. I'd only send them files that no one else would do but THEY excel at i.e. multiple negative days but you need an A-type offer. If you are new to the space cruisinman you"ll need some better guidance and understand what's really going on with who.

[fundingsmbs]

I think most first position funders have a sales floor and brokers out their direct marketing deals to other funder's they don't want to fund. That's nothing new

[Michael I]

I think most first position funders have a sales floor and brokers out their direct marketing deals to other funder's they don't want to fund. That's nothing new

yup but they do not fail the traps like credibly does.The amount of phone calls i got from tons of different brokers tells me they either sell their data or have a major leak .

[fundingsmbs]

that's interesting. a lot of large shops use them and kapitus and ODC, now Enova, for their first position deals.

[Michael I]

that's interesting. a lot of large shops use them and kapitus and ODC, now Enova, for their first position deals.

i am a big believer that even the biggest scumbags in this industry that are backdoor kings do not mess with the larger shops and risk that deal flow they get

[fundingsmbs]

BFS was always at the top of the list for doing these practices

[Danielnathfunding]

IBEX will compete on any offer especially reverse consolidations.

Approvals within an hour.