Looking for High Risk/ Default lenders
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  1. #1

    Looking for High Risk/ Default lenders

    Need a high risk default lender willing to take some risk on big files doing big money

  2. #2
    Hey,

    give me a call i can help you here

    Funding Director
    Nir Yzhari
    Office: (646)-374-4101
    Nir@DiverseCapitalllc.com
    www.DiverseCapitalllc.com

  3. #3
    Senior Member Reputation points: 86884
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    Feb 2018
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    1,349

    Big files that have defaulted with other funder's?

  4. #4
    As long as they have other positions currently in or a payment plan set up with their past funders, then KTK Capital will be more then willing to fund

  5. #5
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
    Posts
    380

    As a high-risk funder, we can help you get those filed funded efficiently and quickly. Call or email me anytime.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

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

  6. #6

  7. #7
    Member Reputation points: 38
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    Jul 2021
    Location
    New York City
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    47

    if he has positions after defaults I'll give better offers than anyone.

    Won't promise you the world but I'll def compete with other funders on these files.
    [SIZE=2][SIZE=1]Daniel Nathan

  8. #8
    Senior Member Reputation points: 14091
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    Mar 2019
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    253

    Quote Originally Posted by Gabe Cohen View Post
    As long as they have other positions currently in or a payment plan set up with their past funders, then KTK Capital will be more then willing to fund
    How do you have a new entity every month ?

  9. #9
    Banned Reputation points: 852
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    Jul 2021
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    28

    Hi. We are a High risk in house direct lender, specializing in 2nd to 6th position files. Funding defaults.

    Reach me out at daniela@mradvancellc.com

    Daniela G. l ISO Relations
    Direct:1(201)-616-6331

  10. #10
    Banned Reputation points: 10
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    New York
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    10

    Hey check your private messages!
    I work for a direct lender that specializes in high-risk paper work, pushing out big capital at the moment!

  11. #11
    Banned Reputation points: 84
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    Apr 2021
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    Miami, FL
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    21

    Have had good experiences with

    bmf advance
    fundura cap
    bridge funding
    seebrook

  12. #12
    Banned Reputation points: 10
    Join Date
    Aug 2021
    Location
    New York
    Posts
    10

    Park East Capital is a very reputable high risk /default lender. We would be a great fit because we specialize on high risk files and we are pushing out tremendous capital at the moment please contact me if you are interested!
    juliana@parkeastcapital.com
    (917)831-0590

  13. #13
    Banned Reputation points: 20
    Join Date
    Dec 2020
    Location
    New York CIty
    Posts
    32

    The Broker referral docs are for the equipment financing & term loan deals which we will pay between 2 - 5% on avg (Occasionally*you can charge more)* for* equipment and term loan deals with 36-60 month terms.**
    Our Sweet Spots:·* 1st*- 7th positions for same day funding between 25k and 750k. (High deposit volume {100k+}*·**We'll beat or match any other funders' offer within minutes (upon request for urgent files) Have a Yellowstone agreement? If so, send it and we will beat it that day!·**We are particularly competitive in the following industries: retail, restaurants, food/beverage, medical/dental offices, consulting/advertising/real estate/construction/etc with solid contractual receivables and We can go to 12 month on high risk industries in 1st position.
    Some Brief Underwriting Guidelines:Program Lengths: 1st position max term 18 mont,*2nd position max is 12 months3rd position max is 10 months(ladder positions will depend on* available cash flow)390 payment days,*or 78 weekly payments,or 39 bi-weekly payments,or 18 monthly payments* *(Exceptions can be made)*Positions1st*– 7th positions**(Exceptions can be made)Min. Time in Business6 monthsRequired Bank Statements3 Months from all accountsMinimum Credit ScoreNone (500+ preferred)*Min. Days of Deposits5** * * ***Some exceptions made depending on industry
    Min. Monthly Bank Deposits$18,500Funding Amount$25,000 - $750,000*(Over $150,000 requires 6 months and financials )Min. Avg Daily Balance reqd.VariableMax Negative Days Per Month5Max Monthly NSFs10Judgments/LiensYes – Payment Plans OnlyCredit Card SplitsYes- No Fixed TermRestricted IndustriesMay still be approved for up to 6 monthsBackgroundNo violent crimes or financial/fraud felonies*BankruptciesDischarged okay /*No Dismissed bankruptcies within the last 2 yearsCredit ReportNo major delinquencies*Benefits of Working with Prosperum Capital:
    ·**We are direct Funders and we are licensed in California, not super brokers!·**Same day add-ons!·**We do not reduce your commission on renewals!·**VERY competitive terms!·**Same day funding in as little as 6 hours!·**Weekly, daily, and 2x per week payment options on most positions.·**Ability to syndicate on any deal we fund for you!·**We're happy to white label. Must submit* a minimum of15 Files a month*·**Quick turn-around time!·**Commission is 4- 12 points depending on rate and term, better rates usually have less points built in and we allow for upselling 2 for 1 point of commission*
    Buy Rates as low as 15-20% for 3 months and as low as 20% for 1 year if clean in 1st.

    --

    Thank You & Stay Productive!
    --
    Businesses*Prosper With Prosperum !*
    Channon Smith,**Funding Specialist
    |*Office*|*(646) 766-9922 Ex 1027|*Fax |*(888) 894-3518*or*(212) 706-0117|*Email |*CSmith@ProsperumFunding.Com8 West 36th Street, Floor7*|*New York, NY 10018ProsperumFunding.Com

  14. #14
    Banned Reputation points: 10
    Join Date
    Aug 2021
    Posts
    4

    We fund 1-10 million dollar consolidations+ net. Defaults okay. We're mainly looking at profitability. Call me.

    Angelina Fletcher
    Business Development Director
    C: (949) 312-7475

  15. #15
    Cobalt does.
    Cobalt Funding Solutions | Direct Funder

    cobaltfunding.com| 202-773-4200
    New York, NY. | deals@cobaltfunding.com

  16. #16
    Quote Originally Posted by FirscapitalWealth View Post
    The Broker referral docs are for the equipment financing & term loan deals which we will pay between 2 - 5% on avg (Occasionally*you can charge more)* for* equipment and term loan deals with 36-60 month terms.**
    Our Sweet Spots:·* 1st*- 7th positions for same day funding between 25k and 750k. (High deposit volume {100k+}*·**We'll beat or match any other funders' offer within minutes (upon request for urgent files) Have a Yellowstone agreement? If so, send it and we will beat it that day!·**We are particularly competitive in the following industries: retail, restaurants, food/beverage, medical/dental offices, consulting/advertising/real estate/construction/etc with solid contractual receivables and We can go to 12 month on high risk industries in 1st position.
    Some Brief Underwriting Guidelines:Program Lengths: 1st position max term 18 mont,*2nd position max is 12 months3rd position max is 10 months(ladder positions will depend on* available cash flow)390 payment days,*or 78 weekly payments,or 39 bi-weekly payments,or 18 monthly payments* *(Exceptions can be made)*Positions1st*– 7th positions**(Exceptions can be made)Min. Time in Business6 monthsRequired Bank Statements3 Months from all accountsMinimum Credit ScoreNone (500+ preferred)*Min. Days of Deposits5** * * ***Some exceptions made depending on industry
    Min. Monthly Bank Deposits$18,500Funding Amount$25,000 - $750,000*(Over $150,000 requires 6 months and financials )Min. Avg Daily Balance reqd.VariableMax Negative Days Per Month5Max Monthly NSFs10Judgments/LiensYes – Payment Plans OnlyCredit Card SplitsYes- No Fixed TermRestricted IndustriesMay still be approved for up to 6 monthsBackgroundNo violent crimes or financial/fraud felonies*BankruptciesDischarged okay /*No Dismissed bankruptcies within the last 2 yearsCredit ReportNo major delinquencies*Benefits of Working with Prosperum Capital:
    ·**We are direct Funders and we are licensed in California, not super brokers!·**Same day add-ons!·**We do not reduce your commission on renewals!·**VERY competitive terms!·**Same day funding in as little as 6 hours!·**Weekly, daily, and 2x per week payment options on most positions.·**Ability to syndicate on any deal we fund for you!·**We're happy to white label. Must submit* a minimum of15 Files a month*·**Quick turn-around time!·**Commission is 4- 12 points depending on rate and term, better rates usually have less points built in and we allow for upselling 2 for 1 point of commission*
    Buy Rates as low as 15-20% for 3 months and as low as 20% for 1 year if clean in 1st.

    --

    Thank You & Stay Productive!
    --
    Businesses*Prosper With Prosperum !*
    Channon Smith,**Funding Specialist
    |*Office*|*(646) 766-9922 Ex 1027|*Fax |*(888) 894-3518*or*(212) 706-0117|*Email |*CSmith@ProsperumFunding.Com8 West 36th Street, Floor7*|*New York, NY 10018ProsperumFunding.Com
    Did you just throw up on your keyboard?

  17. #17
    AKA NOBLE FUNDING GROUP....... GOOD LUCK GENTLEMAN.

    Your Welcome.

  18. #18
    I would assume its because they promise fake lines of credits to everybody.

  19. #19
    Senior Member Reputation points: 97075
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    Quote Originally Posted by Fletca View Post
    We fund 1-10 million dollar consolidations+ net. Defaults okay. We're mainly looking at profitability. Call me.

    Angelina Fletcher
    Business Development Director
    C: (949) 312-7475
    You guys are affiliated with Fletcher advance?

  20. #20
    Quote Originally Posted by Fletca View Post
    We fund 1-10 million dollar consolidations+ net. Defaults okay. We're mainly looking at profitability. Call me.

    Angelina Fletcher
    Business Development Director
    C: (949) 312-7475

    9/10 clients that owe 1M+ in advances are most likely not profitable.

  21. #21
    Banned Reputation points: 10
    Join Date
    Aug 2021
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    4

    I don't get on here often, so here is my reply two years later Typically 10/10 are not if you look at the net profit. I add back MCA interest and other line items that may have been due to a one time supply chain/covid related issue to see if the underlying business is profitable on an EBITDA or EBITA basis. Many still are not, but many just have choked cash flow due to the MCA interest. Our payments typically save them 60/70% in monthly debt service. Also note that a combo of working capital and debt needs to equate to our minimum of 1mm, they don't have to have 1mm in MCA debt.
    And we are not affiliated with Fletcher Advance

  22. #22
    Senior Member Reputation points: 337126
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    Rock Ridge
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    3,459

    Seriously.... Last poster didn't even bother to read the thread...just reacted with "SEND IT". This post is so old two people on the thread have been banned from the forum.
    Hedley Lamarr......That's Hedley

  23. #23
    as long as Zbls are provided Bow apple capital has no problem doing big files that have default history - please call me at 929-400-1360

  24. #24
    Senior Member Reputation points: 121615 BR-Nightmare's Avatar
    Join Date
    Nov 2018
    Location
    South Florida
    Posts
    726

    Quote Originally Posted by Whitestone Funding View Post
    Hi! WE FUND HIGH RISK DEALS PLEASE REACH OUT! julia@whitestonefundingllc.com
    Do you not realize your replying behind your co-worker?

    Plus, you're brokers, not funders
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  25. #25
    Banned Reputation points: 10
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    Jun 2023
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    Miami/Queens
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    Im your guys, send it over to nick@pinnacleadvances.com

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