From Broker To Funder
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10

Hybrid View

  1. #1
    Quote Originally Posted by Michael I View Post
    those are high cost of capital . they charge like a 1.17 to 1.25 so figure out the interest you paying on that . If you do not put out all that capital each month and have under a 10% default rate with doing max 6 months on deals your screwed . Also i believe they require you to already be funding and they use your existing rtr as their collateral
    If you do not have your own capital or a source to get cheap money than you can not really become a funder .
    do you know funders that actually used banana service?

    from what your saying and from what i have heard its way too expensive and makes no sense
    Russell B.
    Fort Lauderdale FL

  2. #2
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,325

    Quote Originally Posted by RBcapital View Post
    do you know funders that actually used banana service?

    from what your saying and from what i have heard its way too expensive and makes no sense
    i do not , but i doubt anyone will advertise it. The fact that they have multiple employees and are by every industry event ,you can assume that yes . Marcus keeps saying that he knows funders that pay mca rates , maybe that is what he is referring to

Similar Threads

  1. Looking For MCA Leads Broker & Inhouse Funder/Closer
    By Mark Redford in forum Help Wanted
    Replies: 1
    Last Post: 06-16-2021, 10:44 PM
  2. Broker-to-Broker ISO Agreement Template
    By capfront in forum Merchant Cash Advance
    Replies: 1
    Last Post: 11-16-2017, 03:49 PM
  3. Replies: 0
    Last Post: 11-15-2015, 11:12 AM
  4. Growing Broker/Funder Seeking Telemarketers
    By EBLM in forum Help Wanted
    Replies: 1
    Last Post: 05-06-2015, 02:48 PM
  5. 20 Year old Broker Friendly Factor & PO Funder
    By ccurtin1 in forum All Other Lending
    Replies: 0
    Last Post: 06-13-2014, 11:05 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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY