Results 1 to 20 of 20
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09-28-2021, 02:14 AM #1
- Join Date
- Oct 2013
- Posts
- 21
Previously default funder
Hello,
Anyone know of any lenders funding businesses with prior defaults? I have a few merchants that were closed during covid and are va k up and running again. 2 of them defaulted during covid with a lender who is no longer in business and are both having a very difficult time satisfying the default. Therefore there both on some list and nobody will touch it. One of these merchants I’ve personally funded 30+ times and have all the executed contracts to prove. So are previous merchants who are in a situation like this permanently banned from ever getting funded again? If anyone knows a lender that would fund a situation like this please advise. Thanks 😊
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09-28-2021, 10:50 AM #2
- Join Date
- Jun 2017
- Posts
- 2,049
Everyday, East Shore, LCF
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09-28-2021, 03:19 PM #3
- Join Date
- Aug 2020
- Posts
- 105
Drew Matthew
Chief Executive Officer
Infusion Capital Group
40 wall St
28th floor #2765
New York, NY 10005
Company: 1 (718) 852-2233
Direct: 1 (917)525-9946
Email: drew@Infusioncapital.org
www.Infusioncapital.org
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09-28-2021, 03:41 PM #4
Please pm regarding this.. funding would be on a case by case basis
Last edited by Prosperum Funding; 09-28-2021 at 03:43 PM.
Frank Jacobs,
Funding Director
ProsperumFunding.Com
| Office | (929) 376-8912
| Fax | (888) 894-3518 or (212) 706-0117
| Email | FJacobs@ProsperumFunding.com
8 West 36th Street, Floor7 | New York, NY 10018
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09-30-2021, 04:43 PM #5
- Join Date
- May 2021
- Posts
- 90
Typically speaking in this type of situation, we can come in with a starter deal and once merchant shows payback history, we can do something better.
Jeremy Katz
ISO RELATIONS MANAGER
jeremy@swisscapital.group
Swiss Capital Group, 11 Broadway, New York,
NY 10004
www.swisscapital.group
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10-05-2021, 02:26 PM #6
- Join Date
- Aug 2021
- Posts
- 69
Give me a call. I have a few products that I might be able to get them funded. Give me a call and we can discuss further. Thank you. look forward to your call.
Brandon Dressler
brandon@preferredfundinggroup.com
815-878-0244
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10-13-2021, 10:12 PM #7
Have they applied for the SBA EIDL?
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-19-2021, 11:26 PM #8
- Join Date
- Mar 2019
- Posts
- 254
why not bring it back to the people that you funded it with before?
EPIC ADVANCE
Mark@epic-advance.com
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10-20-2021, 02:42 PM #9
- Join Date
- Aug 2016
- Posts
- 831
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10-28-2021, 09:33 AM #10
- Join Date
- Sep 2018
- Posts
- 60
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05-27-2022, 12:12 PM #11
- Join Date
- Nov 2016
- Posts
- 22
updated Banner.gif
Hello,
Here at Key Capital Group we entrtain Default merchants. Some qualifying requiremnts would be, satisfied judgments, payment plan, time of default, reason of default & more. We try to approve as many deals as possible within reason of cousre. We also fund what most funders cosider to be restricted industries. My contact info is below. Thank you.
- Direct Funder in the MCA Arena
- Same Day Approvals & Smooth Funding Process
- No Restricted Industries
- No credit checks
- No UCC Filings
- Minimal Paperwork & DocuSign Agreements
- Dedicated Experienced Underwriters with Fast Decisions
We specialize in:
- Large deals
- High risk
- B to D Paper
- 1st to 12th position
- Default deals are entertained on a deal by deal basis (Satisfied judgments, payment plan, time of default & more)
- Other Company Declines (Deals that are hard to get offers on)
- Reverse Consolidation (Daily ending balances must be at least 5k to 10k. The term left on the advance needs to end within 40 days
or less. 0 bounced payments & paying minimum of 50k monthly in MCAs)
- Exceptionally competitive with dollar amount.
Our Product:
10k to 3MM (For increase of funds, a deal by deal basis)
Terms up to 95 days (Flexible with large funding amounts)
Weekly payments available (Deal by deal basis)
Early Payoff Discounts (Deal by deal basis)
Instant DocuSign contracts
All Submissions are priced at 1.49 with broker discretion to down sell
Funding Criteria
-Minimum monthly revenue - $50,000
-Minimum monthly deposit count - 5
-Average daily balances - $1,500.00
-Time in business - 6 Months (12 months preferred)
-All credit scores accepted
-No credit checks (We focus on healthy ledgers and payments history)
-Restricted industries minimum monthly revenue - $100,000
-Canada - Yes, but must be a US bank account
-Tax Liens - Must be on payment plan
-Ownership 100% (All parties must sign)
My name is Gill Navarro. I'm the Director of ISO relations here at Key Capital Group. We are looking to onboard ISO's/Brokers with Integrity to build a long lasting partnership. We believe in a win win situation & know that the only way to build a solid, long lasting business with recurring revenue is with an honest & sincere approach which we have been practicing from day 1. Please feel free to call me to get acquainted & discuss how we can make a profitable partnership.
Gill Navarro
Director of ISO Relations
Direct: 1(862)-303-3225
Email: Gill@keycapitalfunding.com
Website: https://keycapitalfunding.com/iso/
Attachment 3291
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05-31-2022, 07:39 PM #12
- Join Date
- May 2022
- Posts
- 15
Perfect this is our specialty we will give the most aggressive on-the-dollar send over the file and will have a hard offer in less than 45min.
Deals@mintfunding.com
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05-31-2022, 09:26 PM #13
- Join Date
- May 2022
- Posts
- 12
We have no market restrictions and fund deal in record breaking time.
No min or max funding amount. We fund previous defaults but term will obviously reflect on that.
We buy out MCA Positions as well pending on the deal status as well as reverse consolidations.
Reach out to us so we can get you singed up and get your deals funded!Mona Rosen | Mona Capital Solutions | CFO
To Talk: 646-905-0061
To Write: upload@monacap.com
No Funding Min | Record Breaking Turnaround Time| Weekly Payment Available
NO INDUSTRY RESTRICTIONS
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06-01-2022, 08:27 AM #14
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
This post is from September. Stop the spamming-Putz.
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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06-01-2022, 09:38 AM #15
Ignore list.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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06-01-2022, 09:39 AM #16
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Should just be banned.....
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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06-01-2022, 09:41 AM #17Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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06-01-2022, 10:10 AM #18
But....Follow the rules.........LOL
The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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07-19-2022, 12:47 PM #19
- Join Date
- Jul 2022
- Location
- NYC
- Posts
- 34
· We fund active defaults!!!
· We fund B-D paper!!!
· 10 Points Commission!!!
· 2nd - 14th position
· Email: Gary@infusioncapital.org
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07-26-2022, 02:25 PM #20
- Join Date
- Jul 2022
- Location
- BROOKLYN NY
- Posts
- 60
Leon Davis
Funder / Iso Relations
see us in statements
Brickstone Fund*
Phone:*347-433-7727
leon@brickstonefund.com
direct
High risk
2-3-4
Flex deals
Defaults
Active defaults
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