Results 1 to 8 of 8
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03-17-2022, 03:03 AM #1
- Join Date
- Mar 2022
- Posts
- 7
Default Lender Needed!!
I used to work with United and Forwardfund back when but they are super unreliable when it comes to finalizing the deal. I need a super high risk lender that will fund merchants with negative days and high leverage merchants. Also with previous and or active defaults(with current positions that are clearing payments).
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03-17-2022, 05:44 AM #2
We fund previous defaults as long as the default is satisfied or in a payment plan. We do not pull credit on any merchant and we are somewhat flexible on negative days. Feel free to reach out
Email: Submissions@EastShoreEquities.com
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03-17-2022, 09:05 AM #3
- Join Date
- Apr 2019
- Posts
- 318
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03-17-2022, 09:20 AM #4
I am not sure exactly what you are referring to, but it sounds like you had a Fortune Teller deal declined due to A/R. This sounds like a miscommunication. What they were most likely looking for was some sort of consistent/recurring source of payments.
While fortune tellers don't have A/R in the traditional sense, they usually process credit cards or payments through some platform. Which would meet this requirement. We do fund these types of businesses as we have no industry restrictions but we don't fund any deals that are all cash. Apologies for any confusion we will try more specific next time.
There have also been many of changes lately in our underwriting guidelines and commission structures. For example: on deals 15k and higher we are now paying up to 15 points. We pay 8 points at a 1.399 and 12 points at a 1.499. (even if its a previous default)
Feel free to reach out if you would consider giving us a shot on some of your files. Email: Submissions@EastShoreEquities.com
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03-17-2022, 09:21 AM #5
- Join Date
- Dec 2020
- Posts
- 4
We fund merchants with high leverage. Feel free to give me a call or shoot me an email to discuss; I'd love to help.
Thank you,
Michael Candia
Head Underwriter
Ramsey Funding
1 University Plaza
Hackensack, NJ 07601
(201) 510-0360
Direct: michael@ramseyfunding.com
Submissions: info@ramseyfunding.com
www.ramseyfunding.com
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03-17-2022, 10:03 AM #6
- Join Date
- Feb 2022
- Posts
- 25
Shane Johnson
Regional ISO/Broker Rep | Arsenal Funding
M: 917-743-1895
E: shane@arsenalfunding.com
arsenalfunding.com
High Risk 1-10th
C/D
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03-17-2022, 10:42 AM #7
- Join Date
- Apr 2019
- Posts
- 318
I guess you are a new rep running the account or forgot and trying to play it cool but on 10-28-2020, 05:30 PM someone asked who funds fortune tellers and your account replied with and I quote " We would consider it, but we would need to see what type of processing or A/R the merchant has. Most likely a conservative offer, but we wouldn't turn it down for the type of business."
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03-17-2022, 11:23 AM #8
- Join Date
- Aug 2020
- Posts
- 105
Try us out uw@infusioncapital.org
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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