Results 1 to 11 of 11
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10-15-2021, 10:13 AM #1
Prosperum funding
Our Sweet Spots:
· 2nd - 7th positions for same day funding between 20k and 150k. (High deposit volume {100k+}
· We'll beat or match any other funders' offer within minutes (upon request for urgent files)
· 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 Length
140 days (Exceptions can be made)
Positions
1st – 7th
Min. Time in Business
3 months
Required Bank Statements
3 Months from all accounts
Minimum Credit Score
None
Min. Days of Deposits
3
Min. Monthly Bank Deposits
$18,500
Funding Amount
$10,000 - $500,000 (Over $150,000 Syndicated)
Min. Avg Daily Balances
variable
Max Negative Days Per Month
4
Max Monthly NSFs
9
Judgments/Liens
Yes – Payment Plans Only
Credit Card Splits
Yes
Restricted Industries
None
Background
No violent crimes or financial/fraud felonies
Bankruptcies
Discharged okay / No Dismissed bankruptcies within the last 2 years
Credit Report
No 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- Overnight-ed Coj not required on all deals
· Weekly, daily, and 2x per week payment options on any position.
· Syndicate on any deal we fund for you!
· We're happy to white label for you. Must submit 50 deals a month
· Quick turn-around time!
· Commission is 8- 10 points and sometimes more on a-f files (super High Risk)!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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10-18-2021, 04:59 PM #2
- Join Date
- Jan 2014
- Posts
- 1,374
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10-18-2021, 05:43 PM #3
I have only been with Prosperum Funding 6 weeks, worked in this field for 5+ years, and cannot speak on anything that may have happened here prior to my arrival. It is sad, that this website has so much negativity from "Financial Professionals" who, because they can maybe afford a foreign vehicle, or nice watch, feel like they are masters of the universe. I have seen it when I first discovered Daily Funder as an opener and still see it to this day as a Manager.
You sound like the type of guys who watches Wolf of Wall Street and Boiler Room religiously on a weekly basis, and feels he's one of the guys in the movie. Or worse, like you're really making some sort of difference in the world.
If there's one thing this business has taught me, is the jerkoffs, like yourself, who post or reply to posts on this forum, in the way you just did, with NEGATIVITY, NEVER accomplish their ultimate goals, and furthermore LIMIT themselves.
Instead of uplifting, giving real advice, or helping each other here, most of the people in this forum do the complete opposite.
You can say or reply anything you want to this, but it's people like you, that honestly can make this business seem like a scam or something shady, for both fellow ISO/ FUNDER or Merchant.
I hope you fund a million dollars this month, all on your own superstar.
As to the original post, we ARE direct funders, I PERSONALLY DO NOT AND HAVE NOT SEEN ANY DEAL backdoored here, and would not allow it, much less from anyone on my team. I can only apologize for any previous back experience with PROSPERUM FUNDING.
If you are looking to get a deal funded, and can not have it funded elsewhere, I would be then happy to help.
No one works for free obviously, but it makes no sense to count dollars before a deal is even funded.
If you have any questions regarding any deal type, PM me.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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10-18-2021, 06:27 PM #4
Actually I have talked to Frank and he seems legit from our conversations....give him a break...and Frank...these are really 14 year old girls posting looking for sugar daddies....ignore them...
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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10-21-2021, 05:21 PM #5
- Join Date
- Oct 2021
- Posts
- 1
I was worked there and they trained me but told me my first $75k+ offer did not fund and then I found this A judgement from Prosperum Capital Partners VS my client and they told me not to talk to my client and then told me it was not funded. Is this a normal practice in the industry? From what I read on this forum Prosperum is/was a questionable "brokers"/"Lender(S)" I wish I would have found these reviews before starting employment with them. Please BEWARE future potential prospects before considering employment with this BACK DOORING company. IF YOUR NOT one of the original 4-5 Employees, your deal has a chance of being back doored SMH. Submit at your own risk!!
https://unicourt.com/case/ny-sue1-pr...-et-al-1510756
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10-21-2021, 05:34 PM #6
- Join Date
- Feb 2017
- Posts
- 3,425
I'll help the newbie. You should search the NY courts and you get the original documents.
https://iapps.courts.state.ny.us/nys...FDi4WDayKzUQ==
https://iapps.courts.state.ny.us/nys...NtNbiiqW/wxQ==
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10-22-2021, 10:12 AM #7
- Join Date
- Oct 2021
- Posts
- 219
I can see this being true. I funded a deal for Prosperum. Paid commission. We get the renewal and Prosperum stacked their own deal on us (Prosperum pulling from the banks) and then expected us to pay them off and pay them commission. Obviously that was the last time i dealt and would deal with anyone from Prosperum
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10-22-2021, 10:23 AM #8
- Join Date
- Aug 2014
- Posts
- 620
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10-22-2021, 12:43 PM #9
- Join Date
- Jan 2014
- Posts
- 1,374
based on everyone else's comments most people will agree with my Prosperum is not what they say. You've been there 6 weeks, leave to real firm. Don't worry how much we fund on this side, its way more than Prosperum and yea I am a superstar. If you want to join a real firm that won't screw you over you can send me DM.
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10-22-2021, 01:04 PM #10
- Join Date
- Aug 2016
- Posts
- 827
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10-22-2021, 01:13 PM #11
- Join Date
- Mar 2018
- Location
- Salt Lake City, UT
- Posts
- 86
Last edited by ectorro; 10-22-2021 at 01:22 PM.
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