Wondering about my lenders
Need a Funder or Vendor? START HERE

Page 1 of 2 12 LastLast
Results 1 to 25 of 56

Hybrid View

  1. #1

    Question Wondering about my lenders

    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

  2. #2
    You should add ALFA Advance to this list. We provide aggressive approvals to B-C paper files over $50k. Our commission is also pretty good with the average deal getting 13 pts.

    Email me for more info

  3. #3
    Senior Member Reputation points: 20465 Fundyman's Avatar
    Join Date
    Dec 2013
    Posts
    713

    Quote Originally Posted by AlfaAdvanceFunding View Post
    You should add ALFA Advance to this list. We provide aggressive approvals to B-C paper files over $50k. Our commission is also pretty good with the average deal getting 13 pts.

    Email me for more info
    & your average buy rate..?

  4. #4
    Quote Originally Posted by Fundyman View Post
    & your average buy rate..?
    My average buy rate is from 1.28 - 1.33

  5. #5
    Senior Member Reputation points: 3325
    Join Date
    Aug 2021
    Posts
    146

    Fundingmetrics (lendini/quickfixcap)
    Rapid Finance
    Fenix

    reputable lenders

  6. #6
    Noob Reputation points: 10
    Join Date
    Oct 2021
    Location
    USA
    Posts
    3

    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

  7. #7
    Senior Member Reputation points: 6544
    Join Date
    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
    269

    VitalCap Fund would be a good add to that list for your B&C paper 2nd - 4th position files.

    Reach out and we can set up a call to discuss our updated 2022 guidelines.

    Same day funding
    Minimal stips
    daily and weekly
    early pay discounts
    Syndication opportunities
    Jeff Pecori
    Business Development & ISO Relations

    VitalCap Fund | 48 Wall St. | New York, NY 10005
    P. 850.630.7509 Ext.101 | F. 646.219.7949
    jeff@vitalcapfund.com

  8. #8
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    632

    Capybara Capital would be a great fit when you need longer terms with lower factor rates to play with and higher $ amounts (as we are from the few that fund 7Digit Deals). Plus we are very flexible with adjustment to offers to help you win the deal. Sign-Up today by emailing: marcus@capybarausa.com
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  9. #9
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    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
    What do you do with your declines? Your leaving money on the table 100%

  10. #10
    Quote Originally Posted by ryan $ View Post
    What do you do with your declines? Your leaving money on the table 100%
    agreed,

    who do u use for high risk stuff?

    and also how is EBF not on your list ??

  11. #11
    At the risk of being roasted, that's why I joined recently , I've been observing this site for a while , and had to join so i could ask my own questions. I have no metric for who is and is not good , a small idea of who is low risk , and Im here to see if who i have already is good and to get insight on who I'm missing. I have witnessed that most people on here like to have P***ing contests and seldom give help , especially considering when helping john could make him a more difficult competitor to themselves (which is understandable ). Ideally Id like help with understanding the must haves , the always avoids , and the good mid tier for lenders , as well as how yall actually send deals , Do you hail marry and submit to all eligible lenders , or one by one ? Again I understand I'm putting myself into the oven.

  12. #12
    Quote Originally Posted by TheMattTasticVoyage View Post
    At the risk of being roasted, that's why I joined recently , I've been observing this site for a while , and had to join so i could ask my own questions. I have no metric for who is and is not good , a small idea of who is low risk , and Im here to see if who i have already is good and to get insight on who I'm missing. I have witnessed that most people on here like to have P***ing contests and seldom give help , especially considering when helping john could make him a more difficult competitor to themselves (which is understandable ). Ideally Id like help with understanding the must haves , the always avoids , and the good mid tier for lenders , as well as how yall actually send deals , Do you hail marry and submit to all eligible lenders , or one by one ? Again I understand I'm putting myself into the oven.
    dont disagree with what ur saying at all. but there are alot of good funders (A-C) who are not on that list. IMO there should be a few more on that list for starters.

    like Credibly, Mulligan, CFG, Mantis, Newco, EBF, ondeck, Kapitus, delta bridge, bitty.

    not saying that these have to be your go to. but I think it is always good to have a large arsenal of funders and then work from there to see who works best for you. and then you can always add in some of the smaller boutique funders as well (where you get better service and creative on deals)

  13. #13
    Quote Originally Posted by MerchnatFundingSource View Post
    dont disagree with what ur saying at all. but there are alot of good funders (A-C) who are not on that list. IMO there should be a few more on that list for starters.

    like Credibly, Mulligan, CFG, Mantis, Newco, EBF, ondeck, Kapitus, delta bridge, bitty.

    not saying that these have to be your go to. but I think it is always good to have a large arsenal of funders and then work from there to see who works best for you. and then you can always add in some of the smaller boutique funders as well (where you get better service and creative on deals)
    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 ?

  14. #14
    [QUOTE=TheMattTasticVoyage;165631]At the risk of being roasted, that's why I joined recently , I've been observing this site for a while , and had to join so i could ask my own questions. I have no metric for who is and is not good , a small idea of who is low risk , and Im here to see if who i have already is good and to get insight on who I'm missing. I have witnessed that most people on here like to have P***ing contests and seldom give help , especially considering when helping john could make him a more difficult competitor to themselves (which is understandable ). Ideally Id like help with understanding the must haves , the always avoids , and the good mid tier for lenders , as well as how yall actually send deals , Do you hail marry and submit to all eligible lenders , or one by one ? Again I understand I'm putting myself into the oven.[/QUO

    Im gonna ignore the risk of opening the floodgates to unwanted competition, UFS is a must have 2nd-5th funder. Honest , incredibly fast and just good people. Rare breed in this field . I work with irving@ufsfunding.com. I promise you wont regret and is a must add. everest as well is absolutely a must.

  15. #15
    [QUOTE=alexd12345;165665]
    Quote Originally Posted by TheMattTasticVoyage View Post
    At the risk of being roasted, that's why I joined recently , I've been observing this site for a while , and had to join so i could ask my own questions. I have no metric for who is and is not good , a small idea of who is low risk , and Im here to see if who i have already is good and to get insight on who I'm missing. I have witnessed that most people on here like to have P***ing contests and seldom give help , especially considering when helping john could make him a more difficult competitor to themselves (which is understandable ). Ideally Id like help with understanding the must haves , the always avoids , and the good mid tier for lenders , as well as how yall actually send deals , Do you hail marry and submit to all eligible lenders , or one by one ? Again I understand I'm putting myself into the oven.[/QUO

    Im gonna ignore the risk of opening the floodgates to unwanted competition, UFS is a must have 2nd-5th funder. Honest , incredibly fast and just good people. Rare breed in this field . I work with irving@ufsfunding.com. I promise you wont regret and is a must add. everest as well is absolutely a must.
    Ty

  16. #16
    Senior Member Reputation points: 8723 helpinghand's Avatar
    Join Date
    Apr 2015
    Location
    Cleveland
    Posts
    157

    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

  17. #17
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    Liquidibee is his highest risk funder....
    And even they pass on LOTS of stuff that gets funded elsewhere

  18. #18
    Member Reputation points: 895
    Join Date
    Feb 2020
    Location
    Anaheim, CA
    Posts
    85

    LoanMe can provide a monthly term loan option for your book of business in 29 states + Washington D.C.

    I'll spare the forum another pitch and simply invite you to E-mail us at business.loans@loanme.com for additional info and to sign up.

    All the best to you.
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  19. #19
    Banned Reputation points: 10
    Join Date
    Apr 2022
    Location
    New York
    Posts
    78

    Missing Reliable Funding Source on your list doing clean and higher risk files
    A-D paper
    1-10 positions
    20-240 day term offering weekly payments
    Funding previous defaults with ZBL
    Email me for the rest of the guidelines

  20. #20
    Banned Reputation points: 4416
    Join Date
    Dec 2021
    Posts
    154

    Capitalize constantly funds trucking deals. We only have a minimum revenue req of 10k and fund 5k and up.
    We do prefer 2nd position and up but will give offers on 1st position as well.

    We would also give offers on a deals that most of the funders on your list would decline.

    Please reach out to charles@capitalizegroup.com to start submitting deals.

  21. #21
    updated Banner.gif

    Hello,
    If you need a home for high risk deals, or submissions that you are getting declines for we can assist.
    Key Capital Group is Funding 1st to 12th position, no restricted industries & entertain default submissions. We do what we can to approve as many deals as possible, within reason of course. We also pay full commissions on renewals.
    Please feel free to reach out. My contact info is below. Thank You


    We Specialize In:
    - Large deals
    - High risk
    - B to D Paper
    - 1st to 12th position
    - Default deals are entertained on a deal-by-deal basis
    (Satisfied judgments, payment plan, time of default & more)
    - Other Company Declines (Deals that are hard to get offers on)
    - Reverse Consolidation
    (Daily ending balances must be at least 5k to 10k. The term left on the advance needs to end within 40 days or less. 0 bounced
    payments paying minimum of 50k monthly in MCAs)
    - Exceptionally competitive with dollar amount for high revenue merchants

    Our Product:
    10k to 3MM
    (For increase of funds, a deal-by-deal basis)
    -Terms up to 95 days
    (Flexible with large funding amounts)
    -Weekly payments available (Deal by deal basis)
    -Early payoff discount (Deal by deal basis)
    -Instant DocuSign contracts
    -All submissions are priced at 1.49 with brokers discretion to down sell

    Minimum monthly revenue - $50,000
    -Minimum monthly deposit count - 5
    -Average daily balances - $1,500.00
    -Time in business - 6 Months (12 months preferred)
    -All credit scores accepted
    -No credit checks (We focus on healthy ledgers and payments history)
    -Restricted industries minimum monthly revenue - $100,000
    -Canada - Yes, but must be a US bank account
    -Tax Liens - Must be on payment plan
    -Ownership 100% (All parties must sign)
    -We can only fund traditional bank accounts.
    (Not accepted banks E.g. PayPal, BlueVine, Square, Kabbage, etc.)


    Gill Navarro
    Director of ISO Relations
    Direct: 1(862)-303-3225
    Email: Gill@keycapitalfunding.com
    Website: https://keycapitalfunding.com/iso/

    updated Banner.gif

  22. #22
    Senior Member Reputation points: 86884
    Join Date
    Feb 2018
    Posts
    1,349

    the established brands are much more picky with who they let enroll these days. they don't need to enroll that many at this stage of their cycle because they have all the large shops and will vet heavily for any newer entrants.

  23. #23
    Member Reputation points: 3624 Fundkite Egor's Avatar
    Join Date
    Nov 2019
    Location
    New York
    Posts
    18

    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

  24. #24
    Senior Member Reputation points: 69645
    Join Date
    Mar 2016
    Posts
    898

    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

  25. #25
    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

Similar Threads

  1. Replies: 15
    Last Post: 04-02-2020, 06:20 PM
  2. Wondering what Second position lenders do not require a COJ
    By MCABroker123 in forum Merchant Cash Advance
    Replies: 7
    Last Post: 03-26-2018, 02:32 PM
  3. Noob wondering
    By capaxess in forum Merchant Cash Advance
    Replies: 74
    Last Post: 03-03-2018, 11:05 AM
  4. Replies: 1
    Last Post: 01-18-2016, 11:45 AM
  5. Wondering If Deal Is Possible
    By Bkgrinder in forum Merchant Cash Advance
    Replies: 7
    Last Post: 11-07-2013, 11:50 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Credibly secures third securitization
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs


DIRECTORY