Thanks for starting this thread as it is a very important element of the emerging Syndication world. As many of you know Colonial is the servicing platform created by Strategic Funding to allow independent cash advance companies gain the benefit of a fully automated platform without investing the dollars and time needed to develop their own. We are currently servicing over $50M of other companies investments through our system annually processing thousands of transactions a day... do anyone think that these investors did so without being able to see the details of their deals?

I am sorry to say that "CashAdvanced" is incorrect in representing that Colonial (or Strategic) does not let you see the minute details of the merchant and underwriting process.... all you have to do it hit the button marked "Underwriting" and every single detail is listed (including time in business, monthly sales, judgments, tax liens, etc.)and the progression through the process which is all time stamped. If it was submitted, it appears on the site. Anything you need to know is at your fingertips.

One of the things that distinguishes Strategic and Colonial from other syndication opportunities is that the syndicate partners are paid every single day that we collect from the merchant. We don't float your money or use it to operate our business - it's your money and sent right to you. We know of other companies who only pay weekly - one or two weeks in arrears of the collection date.

Lastly, the technology is not the only consideration that distinguishes one platform from another. You need to ask where your money is flowing through. Whose bank accounts is your money sitting in, how solid are they and what that may mean for you. Is that company financially stable and do they have collateral agreements that might put your capital at risk in the event your service provider is in default with their lenders? Who is controlling your money and can they guarantee operations even through a disaster? NOTE: Through Hurricane Sandy Strategic and Colonial were fully operational, collecting remits, disbursing funds for thousands of merchants and hundreds of syndicate partners without missing a beat. No one was in our NYC offices for 2 days, yet we continued to underwrite, fund merchants and every single dollar arrived where it was suppose to. Our disaster recovery plan was a huge success with all personnel operating remotely.

Strategic has a strong balance sheet, is profitable, Bonded and Insured including cyber liability and has the best reputation in the industry. Oh yea, I forgot to mention - we provide loans to syndicate partners against their portfolio so that they can invest in more contract.

A lot to consider.