A paper funder with long terms for startup ISO <1 year in business
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  1. #1

    A paper funder with long terms for startup ISO <1 year in business

    We’re a new ISO that just started. We tried signing up with CAN and a few others but they have min tib for new ISOs.

    Looking to sign up with someone. We have a few 1st position deals.

  2. #2
    Looking for lenders that offer monthly’s as well.

  3. #3
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    I tried to sign up with Can Capital and they wouldn't let me because I wasn't going to submit multiple deals a month. I have had good offers from Chris at FundShop 24 months 19% yr interest but weekly payments. Monthly are SBA loans, LoanMe, personal loans and business credit card. I did a bunch of deals with Funding Circle monthly term loans but they would try and go direct, cutting out brokers on renewals.
    Last edited by Olderguy; 03-31-2022 at 04:28 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.

  4. #4
    Met the owner of Adventure Fundings at the Debanked conference last week and recently been sending them my A paper, if the file is actually A paper you'll get a decent offer!

  5. #5
    Look on the tabs to the right, they should be there somewhere

  6. #6
    Senior Member Reputation points: 86941
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    Some of the A funder's are putting restrictions on new enrolls for brokers. if you look at ODC's site, it requires 2 years TIB, $1M in monthly funding, and insurance and a website. There needed to be some sort of barrier to entry to clean up things.

  7. #7
    Quote Originally Posted by Inquisitive View Post
    We’re a new ISO that just started. We tried signing up with CAN and a few others but they have min tib for new ISOs.

    Looking to sign up with someone. We have a few 1st position deals.
    We don't have such requirements, hit me up.

  8. #8
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    Some of the A funder's are putting restrictions on new enrolls for brokers. if you look at ODC's site, it requires 2 years TIB, $1M in monthly funding, and insurance and a website. There needed to be some sort of barrier to entry to clean up things.
    I know a guy who signed up with OnDeck (December) and he was new in the business. I tried to sign up (October) and they said they were not taking on new ISO's. Go figure.
    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.

  9. #9
    Senior Member Reputation points: 39065
    Join Date
    Aug 2018
    Posts
    775

    Quote Originally Posted by Olderguy View Post
    I tried to sign up with Can Capital and they wouldn't let me because I wasn't going to submit multiple deals a month. I have had good offers from Chris at FundShop 24 months 19% yr interest but weekly payments. Monthly are SBA loans, LoanMe, personal loans and business credit card. I did a bunch of deals with Funding Circle monthly term loans but they would try and go direct, cutting out brokers on renewals.
    Is fundshop direct?

  10. #10
    You can sign with us as well.

    Chajir Ale
    ISO Relationship Manager
    EZLoan

    Phone: 786 870 7248
    Email: chajir@yourezloan.com
    Website: www.yourezloan.com
    Address: 2655 S Le Jeune Rd #309, Coral Gables, FL, 33134

  11. #11
    Quote Originally Posted by CHAJIR View Post
    You can sign with us as well.

    Chajir Ale
    ISO Relationship Manager
    EZLoan

    Phone: 786 870 7248
    Email: chajir@yourezloan.com
    Website: www.yourezloan.com
    Address: 2655 S Le Jeune Rd #309, Coral Gables, FL, 33134

    Straight copy and pasted Funding Metrics website to yours...

    https://www.fundingmetrics.com/

  12. #12
    LOL, I don't do websites.

    But it is funny, thanks, Lets focus on the fact that we are a new lender offering 1.20 to 1.30 sell rates with commissions included and up to 9 months.

    For more information you can contact me at any time
    Last edited by CHAJIR; 04-18-2022 at 01:43 PM.

  13. #13
    LOL, but we are direct though, you can start sending deals so you can make sure and make a statements instead of comment without base.

    But it is funny, thanks, Lets focus on the fact that we are a new lender offering 1.20 to 1.30 sell rates with commissions included and up to 9 months.

    For more information you can contact me at any time

  14. #14
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    637

    Capybara Capital is making great offers on A paper files --- terms start in the low 120's with BIGTIME UPSELL'S / weekly repayment / 10-12Month terms. (We also fund B/C/D Paper with very good payback terms). Sign-Up ASAP ...Email marcus@capybarausa.com
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  15. #15
    Banned Reputation points: 10
    Join Date
    Apr 2022
    Location
    New York
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    We have great offers on 1st positions, email me to sign up!

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