Results 1 to 25 of 33
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08-17-2021, 10:31 AM #1
- Join Date
- Aug 2021
- Posts
- 11
Looking for High Risk/ Default lenders
Need a high risk default lender willing to take some risk on big files doing big money
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08-17-2021, 10:46 AM #2
- Join Date
- Sep 2020
- Posts
- 4
Hey,
give me a call i can help you here
Funding Director
Nir Yzhari
Office: (646)-374-4101
Nir@DiverseCapitalllc.com
www.DiverseCapitalllc.com
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08-17-2021, 10:56 AM #3
- Join Date
- Feb 2018
- Posts
- 1,349
Big files that have defaulted with other funder's?
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08-17-2021, 10:59 AM #4
- Join Date
- Jul 2020
- Posts
- 44
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
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08-17-2021, 11:08 AM #5
- Join Date
- Jan 2017
- Posts
- 389
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
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08-17-2021, 11:37 AM #6
- Join Date
- Nov 2019
- Posts
- 64
pm me
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08-17-2021, 11:57 AM #7
- Join Date
- Jul 2021
- Location
- New York City
- Posts
- 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
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08-17-2021, 01:38 PM #8
- Join Date
- Mar 2019
- Posts
- 254
EPIC ADVANCE
Mark@epic-advance.com
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08-17-2021, 01:55 PM #9
- Join Date
- Jul 2021
- Posts
- 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
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08-17-2021, 02:08 PM #10
- Join Date
- Aug 2021
- Location
- New York
- Posts
- 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!
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08-17-2021, 02:10 PM #11
- Join Date
- Apr 2021
- Location
- Miami, FL
- Posts
- 21
Have had good experiences with
bmf advance
fundura cap
bridge funding
seebrook
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08-23-2021, 02:32 PM #12
- 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
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08-23-2021, 02:38 PM #13
- 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
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08-23-2021, 04:12 PM #14
- 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
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08-23-2021, 11:35 PM #15
- Join Date
- Aug 2021
- Posts
- 31
Cobalt does.
Cobalt Funding Solutions | Direct Funder
cobaltfunding.com| 202-773-4200
New York, NY. | deals@cobaltfunding.com
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08-24-2021, 08:08 AM #16
- Join Date
- Dec 2016
- Posts
- 379
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08-24-2021, 02:05 PM #17
AKA NOBLE FUNDING GROUP....... GOOD LUCK GENTLEMAN.
Your Welcome.
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08-24-2021, 02:07 PM #18
I would assume its because they promise fake lines of credits to everybody.
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08-24-2021, 02:19 PM #19
- Join Date
- Jun 2015
- Posts
- 754
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08-24-2021, 02:21 PM #20
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06-06-2023, 03:24 PM #21
- Join Date
- Aug 2021
- Posts
- 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
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06-06-2023, 03:50 PM #22
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-07-2023, 12:55 PM #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
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06-29-2023, 02:32 PM #24
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06-29-2023, 02:59 PM #25
- Join Date
- Jun 2023
- Location
- Miami/Queens
- Posts
- 25
Im your guys, send it over to nick@pinnacleadvances.com
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