[goatFunding]

The Fundworks is a better version of EBF IMO.. pickier..But will almost always come in stronger on dollar amount.

[Fundyman]

The Fundworks is a better version of EBF IMO.. pickier..But will almost always come in stronger on dollar amount.

& what's their average buy rate...?

[goatFunding]

1.29

[goatFunding]

& what's their average buy rate...?

1.29

[Business2122]

& 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

[NotALoan]

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.

[goatFunding]

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

[BR-Nightmare]

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.

[fundingsmbs]

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.

[J.Celifarco]

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

[J.Celifarco]

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.