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07-18-2022, 12:32 PM #1
- Join Date
- Sep 2021
- Posts
- 26
A Paper Lenders Accepting new iso's?
On Deck, Kapitus, Can Capital, and even Forward aren't taking new iso's at the moment.
Any other a paper lender recommendations?
I'm signed up with TVT and reached out to Credibly
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07-18-2022, 12:42 PM #2
- Join Date
- Mar 2021
- Posts
- 187
Find a broker you trust (hint: someone you know...not someone off this board) . Have him sub your A paper deals.
I dont work with them but apparently SOS is good people too.
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07-18-2022, 01:22 PM #3
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 262
It will wax and wane over time, just keep pumping up your numbers and periodically follow up with them, try applying once every month or two since Tier 1s dont generally advertise they're taking new ISO partners
You can superbroker like goatFunding is saying and do exactly that. Make sure you are trusting the people you work with, you can and WILL get your deals stolen otherwise, the ISO partner will need your app to be put on their application to submit
You play your cards the wrong way there you will be left holding your pecker late for the gangbang, so to speak.
edit: Also, the majority of people who say they are Tier 1 on this board are not.
If they aren't doing 18-24 months they aren't really Tier 1. Especially if they don't have an actual credit facility.
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07-18-2022, 02:04 PM #4
Credibly, Fundshop.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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