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05-10-2022, 10:53 AM #1
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- Jun 2017
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05-10-2022, 11:13 AM #2
- Join Date
- Mar 2021
- Posts
- 185
The Fundworks is a better version of EBF IMO.. pickier..But will almost always come in stronger on dollar amount.
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05-11-2022, 11:40 AM #3
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05-11-2022, 12:32 PM #4
- Join Date
- Mar 2021
- Posts
- 185
1.29
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05-11-2022, 12:34 PM #5
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- Mar 2021
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- 185
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05-16-2022, 09:40 AM #6
- Join Date
- Nov 2021
- Location
- Brickell Miami FL
- Posts
- 156
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
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06-16-2022, 03:37 PM #7
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- May 2022
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- 87
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06-21-2022, 10:38 AM #8
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- Mar 2021
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- 185
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06-21-2022, 10:52 AM #9
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06-21-2022, 11:14 AM #10
- Join Date
- Feb 2018
- Posts
- 1,349
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.
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06-21-2022, 11:19 AM #11John 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
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06-21-2022, 11:12 AM #12John 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
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