Results 1 to 25 of 45
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02-01-2022, 05:10 PM #1
- Join Date
- Apr 2019
- Posts
- 41
Who funds defaults?
Trucking, making 400K+/Month
Past Default, owes 20K and some change
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02-01-2022, 05:28 PM #2
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02-01-2022, 05:48 PM #3
try United Fund, Hybrid Advance
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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02-01-2022, 05:52 PM #4
- Join Date
- Dec 2021
- Posts
- 40
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02-01-2022, 06:12 PM #5Steve 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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02-01-2022, 08:23 PM #6
- Join Date
- Dec 2021
- Posts
- 3
Hi,
We fund defaults, merchants with open judgments, and merchants that have up to 16th position.
Give me a call at 786-237-7951, I will explain the rehab program that we offer for these types of merchants.
We are located in Miami, if you are around we can meet up for coffee or in the office.
Let me know!
Maria J. Koval
ISO Department
iso@wgfinancinginc.com
WGFinancinginc.com
786-237-7951
Helping Merchants to stay in business...
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02-02-2022, 08:09 AM #7
- Join Date
- Feb 2017
- Posts
- 3,463
Steve, are you so naïve to think that if the funder won't pay commissions that they're going to do right by the merchant also and not overcharge him, bait and switch, promise term loans or LOCs, slap on UCCs and refuse to release them, and hold his business hostage when they overcharge him and file suit against them in the NY courts systems? Just because you saw them advertising on DF doesn't mean that they are any good. Our job as brokers is to bring our merchants to people who will be a good relationship for the clients, not just "get your funding here". We're talking about peoples lives here. Hybrid/World Global Fund/MNS/Brickstone/Safe Vault.... look them up on the NY court systems and see who's in charge and which side of the lawsuits they're on.
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02-02-2022, 09:28 AM #8
Micah:
I see your point but I can't chase every lender's history....I recognize there will always be a percentage that will "screw' people and it's just part of this industry's business model. I have had MAJOR lenders on this site "screw" me out of tens of thousands of dollars. 7 deals $1.3M and ended up with $2,500 commission 4 months later. It is what is it. It's the scorpion on the frog situation. If you can't take the heat, remove thyself from the kitchen.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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02-02-2022, 10:49 AM #9
- Join Date
- Feb 2017
- Posts
- 3,463
Steve:
Or get reputable funders and fund deals that you won't get screwed over by. We're dealing with people's livelihood over here. When you get a merchant netting $500 on a $50000 deal and promises of a $2mm LOC after 10 payments (why do they still fall for this?), or your new agent who just started is excited about his first deal and $500 and it gets killed just to be backdoored? What about if you say "take this deal, it's better" just to find out you connected your merchants with true crooks? As brokers we have RESPONSIBILITY, and you should just throw it all at the wall and see what sticks.
What "MAJOR" lenders are you referring to? It's probably because you didn't do DD to realize that they were just a broker and lied to you. Just because you don't know doesn't mean that the rest of us don't know.
And that the $1.3mm funding was really $50,000 over all 7 deals that all got "killed in UW", but was really a scam and they presented them with LOC offers and scammed them more.
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02-02-2022, 11:14 AM #10
- Join Date
- Feb 2017
- Posts
- 3,463
Steve sends default deals to Hybrid and United AND then he sends to these guys: https://dailyfunder.com/showthread.p...l=1#post161105
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02-02-2022, 11:25 AM #11
- Join Date
- Oct 2021
- Posts
- 20
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02-02-2022, 11:32 AM #12
- Join Date
- Feb 2017
- Posts
- 3,463
Cyril is the owner of WG Financing Inc in Florida, read up more here: https://debanked.com/2018/12/defunct...n-of-judgment/
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02-02-2022, 11:35 AM #13
- Join Date
- Oct 2021
- Posts
- 20
To be a real funder and default on 5M is embarrassing. Whoever wants to do business with these people by all means.......
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02-02-2022, 11:37 AM #14
- Join Date
- Feb 2019
- Posts
- 209
No shot any major funder would screw you out of commission. I believe you were screwed out of commission but it was by a major funder. If you funded 1.3mm and only received $2,500, then you do not understand how to source funders and really do not understand this industry. Actually, funding 1.3mm and only receiving $2,500 is comical as hell lmao
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02-02-2022, 12:14 PM #15
Last edited by Olderguy; 02-02-2022 at 12:36 PM.
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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02-02-2022, 12:15 PM #16
Last edited by Olderguy; 02-02-2022 at 12:22 PM.
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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02-02-2022, 12:17 PM #17
Last edited by Olderguy; 02-02-2022 at 12:22 PM.
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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02-02-2022, 12:33 PM #18
- Join Date
- Feb 2017
- Posts
- 3,463
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02-02-2022, 12:34 PM #19
- Join Date
- Feb 2017
- Posts
- 3,463
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02-02-2022, 01:23 PM #20
Doesn't mean I used them as it was a referral. My colleague did vouch for him and I did talk to him too (Kevin) before the referral. Personally I don't like these types of deals but the choice is up to the client and broker involved. As I have made clear, if you need more than a 2nd position, close the account and start over Throwing good money after bad doesn't make sense.
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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02-02-2022, 01:26 PM #21
- Join Date
- Feb 2017
- Posts
- 3,463
You spoke with Kevin at Hybrid, eh? This guy https://www.linkedin.com/in/kevin-mayers-0ab256203/ who looks extremely similar to this guy? https://freepngdownload.com/man/man-...ee-download-32
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02-02-2022, 01:28 PM #22
No, Kevin at National Credit Partners.
Last edited by Olderguy; 02-02-2022 at 02:10 PM.
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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02-02-2022, 01:47 PM #23
- Join Date
- Apr 2021
- Posts
- 121
Anyone can call me and or facetime me 646-369-2436 i dont hide under a fake profile like these plastic linkedin girls...
and if you have a deal to send kevin@hybridadvancellc.com is the best email for subs
Good Day.
Kevin Mayers
Senior Funder
Office:646-369-2436
Email: kevin@hybridadvancellc.com
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02-02-2022, 01:49 PM #24
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02-02-2022, 01:55 PM #25
- Join Date
- Nov 2018
- Location
- NYC
- Posts
- 36
lol
Last edited by firsttierfunding; 02-02-2022 at 01:58 PM. Reason: Liars
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