Results 1 to 22 of 22
-
12-29-2022, 12:35 PM #1
- Join Date
- Apr 2021
- Posts
- 43
Best 2nd Position Funder in MCA?
share your thoughts on the current best 2nd+ position funders in MCA? I know is a moving target
-
12-29-2022, 12:44 PM #2
It's hard to gauge the best ones at this time as many of them are changing some of their requirements and such.
The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
-
12-29-2022, 03:02 PM #3
- Join Date
- Jan 2019
- Posts
- 140
Who is the worst 2nd position lender in MCA?
-
12-29-2022, 03:09 PM #4
- Join Date
- Aug 2019
- Posts
- 161
That's what we do
Simon Wein
CEO- Radiance Funding
P:516.509.9788
W: Radiancefunding.com
E:Simon@radiancefunding.com
-
12-29-2022, 03:51 PM #5
- Join Date
- Dec 2022
- Location
- NYC
- Posts
- 25
If you have any submissions looking to get funded, send them over to me I will get you an aggressive approval.
-
12-29-2022, 04:55 PM #6
- Join Date
- Dec 2021
- Posts
- 154
There are many factors to be considered when looking at a deal besides the position.
Every funder has their preferences regarding all these. Thus you need to have a few strong relationships with funders in the category to have all your deals covered.
We'd be delighted to form a relationship with you and get your deals funded.
-
12-29-2022, 05:11 PM #7
- Join Date
- Oct 2020
- Posts
- 92
My list in no particular order ( anyone on list is based on speed of funding, no bs killls in final for stupidity, good honest people with some exceptions ).
1. Fundworks (although picky with approvals best renewal program in the industry and just clean ,honest spot )
2. Ufs ( dont do a ton of fudings with them but great to work with and trust them more than any other funder)
3. Expansion
4. IOU( victor is awesome)
5. everest( do kill a lot of deals in final but definitley need them on your list)
6. Bitty ( dont love their product in terms of rate/ fees etc. but they are needed)
7. Forward
8. Lendini ( some shady stuff happens more than by others backdooor etc but they do have some cant beat offers)
9. Delta bridge( do the most funding overall with them for 2nd position paper and I have only had a good experience in 5 years. Jay aryeh gets it done)
-
12-29-2022, 05:18 PM #8
That is a decent list to have.
It's always good to have options, every funder here operates with a niche of their own, I would say with the exception of Delta (who has rebranded a few times) these funders can and would be able to steer their own path and stay afloat.
Proper adjustments can and would be the means of survival here.The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
-
12-29-2022, 05:29 PM #9
- Join Date
- Nov 2022
- Location
- NYC
- Posts
- 48
Kalamata, Expansion, LG, Everest, Newco and Pac western all solid 6-12 month lenders
-
12-30-2022, 12:26 PM #10
- Join Date
- Sep 2022
- Posts
- 28
I only fund people who have a first position so I guess you can put me up there
FL Based Lender
954-271-2862
Always happy to talk money and merchants
-
12-30-2022, 01:51 PM #11
LG, Kalamata, Everest, Legend, Yellowstone (Delta Bridge), UFS, Forward Finance. First ones that are incredibly strong that come to mind in regards to second positions. I don't remember if Credibly does it, but if they do, they're at the top. If Wall Street and Wellen do them (don't remember if they do) they also are really great. Of course I also specialize in A-B paper first position to fifth.
--
Zohar Avshalom
263 Tresser Blvd, 9th Floor, Stamford, CT 06901
ISO Relations
American Choice Capital
917-267-9182
Zohar@americanchoicecapital.com
-
12-30-2022, 01:53 PM #12
- Join Date
- Nov 2022
- Location
- NYC
- Posts
- 48
Credibly is only a first position lender and i would lean to c paper for deltabridge/cloudfund. Wall street has been solid as well but they are really picky on files.
-
01-01-2023, 08:13 PM #13
- Join Date
- Dec 2021
- Posts
- 637
Capybara Capital tends to win lots of 2nd position deals --- Great longer-term-offers with great low-buy-rates to compete /max-upsell. If you not onboard yet I would recommend joining asap (for a few reasons!).
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
-
01-02-2023, 08:59 AM #14
- Join Date
- Sep 2022
- Posts
- 58
We fund 1st to 6th positions
We offer very solid 2nd positions.
Our terms are 3 - 10 months
!2 points commission
-
01-02-2023, 05:44 PM #15
- Join Date
- Jul 2022
- Location
- NYC
- Posts
- 34
Knights Bridge we give aggressive offers with solid terms and our partners love us because if we like a deal we will exhaust all avenues too make sure it gets funded.
Gary
Knightsbridge Funding LLC
40 Wall St
New York, NY 10005
Direct: 1 (718) 207-4804
Email: Gary@knightsbridgefunding.com
-
01-03-2023, 10:27 AM #16
- Join Date
- Sep 2021
- Posts
- 2
CFG Merchant Solutions
Email me for our guidelines if you are not already signed up ameola@cfgms.com
-
01-03-2023, 02:08 PM #17
2nd to 5th is our Box
I communicate swiftly and constantly.. If you have any files needing placed, PM me and we can discuss itFrank Jacobs,
Funding Director
ProsperumFunding.Com
| Office | (929) 376-8912
| Fax | (888) 894-3518 or (212) 706-0117
| Email | FJacobs@ProsperumFunding.com
8 West 36th Street, Floor7 | New York, NY 10018
-
01-05-2023, 11:44 AM #18
Feel free to reach out.
Direct Funder | FirstLine Advance | New York, NY.
firstlineadvance.com
Call us: 929-592-3073
Email us: subs@firstlineadvance.com
1st position and up | Snap Funding within 2 hours | No credit checks
Currently accepting new ISO's!
-
01-06-2023, 11:55 AM #19
- Join Date
- Mar 2017
- Posts
- 2
IOU ***for most favorable terms and easiest to work with. Shout out to Nick Hoffman.
Forward
Everest
ByzFunder
-- Keep it lean
-
01-06-2023, 12:00 PM #20
Keep it lean is some of the best advice you can get.. Pick a couple of lenders and develop the relationships. What is good for one ISO isnt going to be a good fit for another. Also the relationship you have with a lender the first day you sign up wont be the same relationship that you have a few months down the road when you build some trust with each other. It takes time to build relationships and relationships are what separate the good from the bad in this industryJohn 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
-
01-06-2023, 01:20 PM #21
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
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
-
01-31-2023, 05:22 PM #22
- Join Date
- Apr 2021
- Posts
- 43
good list here. ill change it a bit
1. Fundworks (although picky with approvals best renewal program in the industry and just clean ,honest spot )
2. Spartan Capital : They saved my month with 3 new deals today 15pts and 5 renewals.;2 of those i didnt even talk to merchants
3. Ufs ( dont do a ton of fudings with them but great to work with and trust them more than any other funder), very slow
4. IOU( victor is awesome)
5. everest( do kill a lot of deals in final but definitley need them on your list)
6. Forward
7. Delta bridge( do the most funding overall with them for 2nd position paper and I have only had a good experience in 5 years. Jay aryeh gets it done)
9. Merchant global aka wall
Similar Threads
-
Need strong 3rd position funder
By Quickfunder in forum Deal BinReplies: 12Last Post: 08-08-2022, 11:08 AM -
1st position funder who does Livestock ?
By moneypenny1 in forum Merchant Cash AdvanceReplies: 3Last Post: 10-04-2019, 04:45 PM -
Aggressive 2nd position funder
By tcraig in forum Merchant Cash AdvanceReplies: 19Last Post: 03-22-2019, 03:52 PM -
Need CA funder for $100K 2nd position
By Quickfunder in forum Deal BinReplies: 7Last Post: 03-12-2019, 10:27 AM -
BEST 3rd, 4th & 5th Position Funder in the Industry! ++CONSOLIDATIONS!
By AdvanceFund in forum PromotionsReplies: 0Last Post: 10-06-2016, 12:30 PM