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  1. #26
    Quote Originally Posted by Fundyman View Post
    & your average buy rate..?
    My average buy rate is from 1.28 - 1.33

  2. #27
    Member Reputation points: 3624 Fundkite Egor's Avatar
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    Sick, made the list.

    Keep us in mind for your A-C paper deals, especially any industries with high deposit frequency due to our ACH Split program.

    Including but not limited to; restaurants, retail, e-commerce, and medical.
    Egor Gagarin
    ISO Relations Rep, FundKite
    Direct: 929-443-3300 | Email: egor.g@fundkite.com
    Web: fundkite.com

  3. #28
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    1.29

  4. #29
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    Quote Originally Posted by Fundyman View Post
    & what's their average buy rate...?
    1.29

  5. #30
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    Quote Originally Posted by Fundyman View Post
    & what's their average buy rate...?
    The buy rate is 120%-200%. All depends on how well their math and contract verbiage is put together, the most organized lenders can slide in 300-500% at times, but no one will tell you their live rates, you’ll just have to do the math yourself if you know how much the merchant needs to pay back

  6. #31
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    Feel free to reach out if you would like to sign up with us. Ill appoint you to an iso rep.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  7. #32
    QFS Capital specializes in reverse consolidations, and we're accepting new ISOs! I can get you signed up with us ASAP.
    Andrew Solomon | (754) 946-2523
    Andrew@qfscapital.com
    QFS Capital - Specializing in Reverses

  8. #33
    Quote Originally Posted by goatFunding View Post
    The Fundworks is a better version of EBF IMO.. pickier..But will almost always come in stronger on dollar amount.
    Except Fundworks will take two weeks to underwrite your file, whereas EBF is usually same or next day.

  9. #34
    Senior Member Reputation points: 8723 helpinghand's Avatar
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    Quote Originally Posted by ryan $ View Post
    What do you do with your declines? Your leaving money on the table 100%
    wow savage. love it lol
    Hanna Kassis, JD/CPA

  10. #35
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by TheMattTasticVoyage View Post
    As of now we have 15 lenders and I was curious if anyone had any good/ bad things to say about them and if bad who I should have instead of them?

    Here they are:

    Hunter Caroline
    Amerifi
    Daka Cap
    Ein Cap
    Spartan/Scrappy Cap
    Fenix
    Fundingmetrics (lendini/quickfixcap)
    Fundkite
    Lending Vally
    Liquidibee
    Rapid Finance
    OnePercent
    Velocity Capital Group

    any and all feedback is appreciated
    I find it so interesting how different companies construct their submission waterfall. There are so many companies in this space right now both on the iso and funder side that I have never even heard of half the funders on this list forget work with them. Just a thought about the state of the industry, NOT an invite to call and ask us to sign up.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  11. #36
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    Quote Originally Posted by J.Celifarco View Post
    I find it so interesting how different companies construct their submission waterfall. There are so many companies in this space right now both on the iso and funder side that I have never even heard of half the funders on this list forget work with them. Just a thought about the state of the industry, NOT an invite to call and ask us to sign up.
    Agree. Ive seen less than half of those funders in actual bank statements. Maybe I only receive A-B and some C paper mostly but I would question half of them as actual "funders"

  12. #37
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by TheUnderwriter View Post
    Agree. Ive seen less than half of those funders in actual bank statements. Maybe I only receive A-B and some C paper mostly but I would question half of them as actual "funders"
    I honestly dont care if they are a direct funder or not, in my opinion that really doesn't matter. If you understand a companies guidelines, how they handle your data, you trust them, and you fund deals, direct or white label doesnt matter. That said that list is missing some industry leaders for the A paper to the more risky stuff. I guess what works for one company may not work for another.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  13. #38
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    Quote Originally Posted by NotALoan View Post
    Except Fundworks will take two weeks to underwrite your file, whereas EBF is usually same or next day.
    I do not find TFW to be slower than EBF

  14. #39
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    there won't be too many more new companies entering the first position space with all the compliance and costs involved and partnering with web bank finwise bank etc etc. that's why there are so many high risk and mid risk funders with <12 mo deals entering the space. a lot of white labeling, alot of syndicating vs institutional money that flows to the established brands in the space.

  15. #40
    Senior Member Reputation points: 119752 BR-Nightmare's Avatar
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    Quote Originally Posted by goatFunding View Post
    I do not find TFW to be slower than EBF
    Depends on the file and stips, not every funder has the same processes which is what 75% or more of the brokers do not understand.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  16. #41
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by goatFunding View Post
    I do not find TFW to be slower than EBF
    both good companies with quality people working at them. Dont think you can go wrong with either, it will come down to which process you prefer.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  17. #42
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    Quote Originally Posted by BR-Nightmare View Post
    Depends on the file and stips, not every funder has the same processes which is what 75% or more of the brokers do not understand.
    you got that right. long gone are the days of one funder being able to handle 80-90% of the business. Each ISO has had to construct a large flow of funders to send deals to, and, the offers are all over the place per company as well as stip lists. the issue with this massive bidding model is, only 1 company wins and the rest spend all their time UW and making offers with no yield.

  18. #43
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    you got that right. long gone are the days of one funder being able to handle 80-90% of the business. Each ISO has had to construct a large flow of funders to send deals to, and, the offers are all over the place per company as well as stip lists. the issue with this massive bidding model is, only 1 company wins and the rest spend all their time UW and making offers with no yield.
    yes I agree but you only need 2-3 lenders in each space (A+-A,B-C, D). If you understand what they do and what they like you will be able to maximize bonus' by sending your deals to the right company the first time rather than shot gunning all over the world
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  19. #44
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    Quote Originally Posted by TheMattTasticVoyage View Post
    How do you go about sending deals , would you send to all at once ( thats what we do , helps to have mutiple offers for merchant to pick , its not do you want this deal yes or no , its what deal do you want) or do you send one at a time down a prioritized list ?
    Look at the deal, send to 3-4 places.
    Based on their feedback, Go elsewhere.
    Then have last ditch (cant get any offers but theyll throw out a 40,30 or 20 day deal) and then one off boutique type funders who take fliers.

  20. #45
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    Give us a shot.

    TRUE BUSINESS FUNDING

    Direct: 646.699.1661 ext 102
    Scott@tbfgrp.com
    underwriting@tbfgrp.com
    tbfgrp.com

  21. #46
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    Quote Originally Posted by TBF View Post
    Give us a shot.

    TRUE BUSINESS FUNDING

    Direct: 646.699.1661 ext 102
    Scott@tbfgrp.com
    underwriting@tbfgrp.com
    tbfgrp.com
    Really like spamming the forums huh?

    Never seen you in a bank before just FYI

  22. #47
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    Thank you @Robinhood21
    Lendini/Quick Fix Capital fund B, C, D risk classification.
    Strictly revenue-based financing (MCAs).
    To sign up, call 844.700.5363 or complete the form on partners.lendini.com

  23. #48
    Add LendBug to your list! Call me at 212-763-3325 Fastest approvals in the game!!!
    Alessandra Granville
    DIRECT LENDER
    ISO Relations Manager
    260 W 35th St. PH
    New York, New York 10001
    212-763-DEAL
    iso@lendbug.com

  24. #49
    i have seen TBF in banks..just check the courts

  25. #50
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    We also do b-d high risk paper! Check us in the statements Infusion Capital

    Gary@infusioncapital.org

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