[Fund Exposer]

If you have any to add, please share. These funders have been caught with shady practices. Carroting the day after funding, promising lines of credit for taking 1.699 with 20% fees and so on.

Advance Capital
All Shore Capital
Art Funding
Everyday
Family Funding Group
Go Fund
Image
Independent Fund
Jett Funding
Master Fund
Puttnam
Redstone
Regal Capital Group
Revive Capital
United
Wincap
World Global

[FunYouMan]

I dont think anyone is activley signed up with these groups. They are either brokers who fund or just backdoors from funding companies. "Cutting them off" or "Calling them out" will do nothing

[Bscs]

If you have any to add, please share. These funders have been caught with shady practices. Carroting the day after funding, promising lines of credit for taking 1.699 with 20% fees and so on.

Advance Capital
All Shore Capital
Art Funding
Everyday
Family Funding Group
Go Fund
Image
Independent Fund
Jett Funding
Master Fund
Puttnam
Redstone
Regal Capital Group
Revive Capital
United
Wincap
World Global

Hybrid Advance

[Back Pocket Funder]

united funds usa
Gold Capital
City Capital

[Chambo]

The fact that a list has been compiled this long already does NOT speak well for this industry

[GoldStandard]

The fact that a list has been compiled this long already does NOT speak well for this industry

Very true most observations seem accurate and some of these may be back doors or whitelabels. 1or 2 you can sign up with like Everyday but they are all connected to other shops.

[J.Celifarco]

The fact that a list has been compiled this long already does NOT speak well for this industry

The long lost Chambo. How are you buddy? And yeah there be ****birds everywhere these days.

[powerhousecapital]

united funds usa
Gold Capital
City Capital

idk whos worst out of these 3 prob owned by same guy stay away

[BR-Nightmare]

I wont say who, but one of these listed above communicated with a Merchant I was underwriting (this deal had at least 12 Brokers fighting for it) and pretended to be my company.

I sweet talk the Merchant for the number that called and I reached out myself. I asked who he was and of course I ask If I can go to your office and beat your ass since we are apparently in the same company. I don't think I could have has my number blocked faster than that.

Good times......

[J.Celifarco]

why anyone works with any of these companies or any company in general with no funding history or reputation is what I will never understand. Nothing good comes from working with these companies, the 1 or 2 random deals that might get sone is not worth the aggravation or risk that comes with sending deals to unproven funding companies

[closer129]

The brokers that deal with these funders are either the **** brokers out there or new young ones that do not know any better. This was a great industry when i started around 11 some odd years ago and still is a great industry. We just need to clean the garbage out of here.

[Back Pocket Funder]

Never knew just because I joined a forum recently meant I'm new to the industry haha. Good one Allen. As long as you sleep good at night I guess.

[TheConfidentBroker]

NICE TRY FROM SOMEONE WHO JOINED DF IN MAY AND POSTED THEIR 'FIRST' POST TO BASH PEOPLE!!!

Please bring Court documents or statements to substantiate your foul-mouthed claims.

Gold Capital has a superb reputation with ISOs nationwide and has never been accused of wrongdoing in any Court. (highly unlikely in the industry)

We provide quality service to quality ISO shops.

Reach out to us today.

subs@goldcapiltalusa.com

Your website doesn't even work.

[TheConfidentBroker]

Go to Funders linkedin Page
Go to People who work there
Go to persons page
Scroll down to "people also viewed"

If said people are all in the high risk circle jerk on Linkedin, they should not be on your list.

If you go to their activity and see them post or comment on shady rogue people from other funding companies, you should take them off your list.

*If no Linkedin and **** website/no website or first thing you see is PARTNER WITH US or ISO PARTNERSHIPS they are funding vampires with no foundation.

[SuperFastJoe]

SuperFastCap - Shady AF - Don't send your deals there.

[Bscs]

SuperFastCap - Shady AF - Don't send your deals there.

Lol... Reverse psychology, love it.

[SmartAdvanced]

If you have any to add, please share. These funders have been caught with shady practices. Carroting the day after funding, promising lines of credit for taking 1.699 with 20% fees and so on.

Advance Capital
All Shore Capital
Art Funding
Everyday
Family Funding Group
Go Fund
Image
Independent Fund
Jett Funding
Master Fund
Puttnam
Redstone
Regal Capital Group
Revive Capital
United
Wincap
World Global

Pickle juice capital

[closer129]

People are on her blasting out funders which some should be put on blast for doing the wrong things. What about the shady brokers. I funded a used car dealer in March for 44k based on his actual revenue of 44k after cost of goods. We get a call from a debt settlement company 32 days later and i call the broker to find out after he told me he had spoken o the merchant before that he co-brokered it because the broker that sent it to him could not get it funded. So that was a brokers lie. Then the broker who get the file submitted the file today and we saw the merchant got funded by another funder the same day for 114k and the broker that sent it today said he did not know about it after saying that we stacked someone else so he know about it and then said he did not send the file so lie number 2 from different broker. On the merchant interview my underwriter asked were you promised any money with or after this funding on a recorded call and the merchant said no so lie number 3 from the merchant. We gave a 6 month 1.25 as a first and the other company gave like a 1.30 for like 65 dais.

[srslyfunding]

Adding to the list of shady brokers/shady lenders - TMT Funding and WISE/wise ventures - bad experiences with merchants being reached out to directly/harassed by both.

Additionally for new brokers - do not send your full submit deals to any lender that hasn't already sent you a co-signed copy of your ISO agreement beforehand...seems obvious but i've seen many who attempt to do this

[topcloser1]

Adding to the list of shady brokers/shady lenders - TMT Funding and WISE/wise ventures - bad experiences with merchants being reached out to directly/harassed by both.

Additionally for new brokers - do not send your full submit deals to any lender that hasn't already sent you a co-signed copy of your ISO agreement beforehand...seems obvious but i've seen many who attempt to do this

i heard the same

[DailyCloser]

People are on her blasting out funders which some should be put on blast for doing the wrong things. What about the shady brokers. I funded a used car dealer in March for 44k based on his actual revenue of 44k after cost of goods. We get a call from a debt settlement company 32 days later and i call the broker to find out after he told me he had spoken o the merchant before that he co-brokered it because the broker that sent it to him could not get it funded. So that was a brokers lie. Then the broker who get the file submitted the file today and we saw the merchant got funded by another funder the same day for 114k and the broker that sent it today said he did not know about it after saying that we stacked someone else so he know about it and then said he did not send the file so lie number 2 from different broker. On the merchant interview my underwriter asked were you promised any money with or after this funding on a recorded call and the merchant said no so lie number 3 from the merchant. We gave a 6 month 1.25 as a first and the other company gave like a 1.30 for like 65 dais.

wow this gave me a headache.

[KINGCASH]

Funders people FUNDERS!! We're talking 101 here!
@chambo, nice to see blast from past- Where's Karen??!! Miss her
And Hybrid Advance sucks- Ariel, AKA "Kevin" is a thief.. literally

-Stay classy

[ADiamond]

United

Saw "United Funds" carrot a merchant with 20K (14K NET - 6K FEE) debit his bank for 2x $1k pmts, and had the merchant wire back $29,990 the same day

It doesn't matter what their name is - they have a million different labels, these are mostly Brooklyn guys (you know who) using and abusing Metropolitan Commercial Bank

I would go to far as to say that M.C.B. is in on it at this point, but that's speculation and circumstantial.

What they're all doing is committing fraud, money laundering, among a ton of other things - and it will catch up to them eventually.

Shine a spotlight on Metropolitan Commercial Bank if you really want to nip it in the bud, for starters.

It's really just sad to see them all get away with it for this long and straight up take advantage of ordinary working people.

[simonwein12]

definitely some really bad funders in this industry, But the ridiculous amount brokers promising the LOC pending a 30 day 1.499 with 20% fees is getting out of control.

funders need to start asking the merchants on funding call if any LOC or term loan was promised in any way in the presentation of their mca offer.

[N_Snoot]

Puttnam is definitely up to no good - promising a fake line of credit to a merchant I spoke with recently and saw them in the statements funding him 150K 1.499 20% fees over 25 days “for reporting to get a credit a line” lol (merchants volume was 120k in his best months) conveniently right after his SBA money hit as well
Guys are pigs