Results 1 to 16 of 16
Hybrid View
-
12-08-2021, 11:54 AM #1
- Join Date
- Dec 2021
- Posts
- 15
This is the last reply because we do not have time for a nonsense argument, These are the funders WE trust nobody is asking YOU to trust them, go to Ondeck, Bluevine, IOU, Credibly, Everest and those people if you want to, I CHOOSE to use them because they give me paper A offers because of our volume AND THEY HAVE NEVER SCREWED ME EVER. BUT at the core they are HIGH RISK FUNDERS. Nobody is saying they are the most competitive offers but they are the only ones I trust, so please get over yourself and go fund some deals. And BTW If your mad at your funder for asking for stips its because your trying to screw them, stop being a crybaby about proof of ownership/ A/R and other stips you might need. Yall way to comfortable trying to abuse other peoples money when you more than likely couldn't fund even one 50k deal without giving yourself a daily heart attack if Hes going to default.
-
12-08-2021, 12:01 PM #2
- Join Date
- Jun 2018
- Posts
- 462
-
12-08-2021, 02:13 PM #3
-
12-08-2021, 02:45 PM #4
- Join Date
- Jun 2015
- Posts
- 3,322
Ok so top 3 you trust, fair enough. But bottom line you are giving your clients less competitive offers and getting paid less commission because you do not trust the standard A paper funders.
Also i hate that line of "If your mad at your funder for asking for stips its because your trying to screw them" if 2 funders give the same approvals and one has a stip list from hell and the other one has zero , why would i want to do the extra work of gathering all those stips ?
-
12-08-2021, 02:48 PM #5
- Join Date
- Jun 2015
- Posts
- 3,322
-
12-08-2021, 06:05 PM #6
Funders are becoming brokers, and brokers are becoming funders. The whole thing is turning into a convoluted mess in my opinion. I can respect working very closely with some of the higher risk funders that you would consider boutique. My top 3 would look different from the OP's list. But there is nothing like establishing a relationship with one of these smaller funders so you can actually trust the people your working with, and get some of those out of the box deals funded that otherwise would be declined.
But to Michael's point, that doesn't mean you stop working with the EBF's, ODC's, & Rapids of the world. Those companies are trustworthy, its the people working there you have to worry about. But you have the same opportunity to establish a relationship with your OnDeck rep, that you do with the boutique.
Similar Threads
-
Reliable Funders , Non Reliable Funders and Plces you just Dont send deals too
By microboby in forum Merchant Cash AdvanceReplies: 63Last Post: 03-16-2021, 04:02 PM -
highrisk funders paying off other high risk funders
By fin4all in forum Deal BinReplies: 14Last Post: 11-24-2020, 12:12 AM -
$10k and below Funders Only!!!!
By Sindy in forum Deal BinReplies: 3Last Post: 03-25-2019, 11:16 AM -
Funders Offering to Lower Payments Towards the End of the Term to Block Other Funders
By Michael Slabitcher in forum Merchant Cash AdvanceReplies: 14Last Post: 03-19-2019, 06:11 PM -
Funders Cloud 2015, ISO's LOVE Funders Cloud
By samschapiro in forum PromotionsReplies: 8Last Post: 03-04-2015, 11:33 AM