Virginia // cali funding
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  1. #1

    Virginia // cali funding

    Who's currently funding high risk in VA/CALI?

  2. #2
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    for anyone who doesn't think AGs and states have authority over this business,

    https://www.njoag.gov/ag-platkin-ann...ion-practices/

    how does anyone survive this blow

  3. #3
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    for anyone who doesn't think AGs and states have authority over this business,

    https://www.njoag.gov/ag-platkin-ann...ion-practices/

    how does anyone survive this blow
    My former boss (direct lender) enamored them due to their collections.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  4. #4
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    Quote Originally Posted by fundingsmbs View Post
    for anyone who doesn't think AGs and states have authority over this business,

    https://www.njoag.gov/ag-platkin-ann...ion-practices/

    how does anyone survive this blow
    Because if you read closely they didn't pay 27MM they forgave a bunch of bad debt. opened under new name and "adopted better practices"

  5. #5
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    Torro is funding Cali and Virginia. Doing more C paper than high risk but it might be a fit. Feel free to reach out if interested in signing up.
    Eric Christensen
    ISO Relationship Manager
    Torro

    eric.christensen@torro.com
    (801)-441-7958

  6. #6
    Eminent funding funds Cali and Va
    Cali and VA deals need 50k in revenue tho
    Email me alex@eminentfunding.com or call 3329001005

  7. #7
    Quote Originally Posted by LukaMagic View Post
    Who's currently funding high risk in VA/CALI?
    We are currently funding in California
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

  8. #8
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    Lending Valley is funding Cali and Virginia, we have a file pending final right now located in Cali.
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  9. #9
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    We exclusively fund based on the credit card sales volume in every state with no restrictions. Quikstone must be first position and will consider consolidating other positions if it will benefit the merchant. We like the merchant to net 70%+ on consolidations.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  10. #10
    Quote Originally Posted by LukaMagic View Post
    Who's currently funding high risk in VA/CALI?
    We are doing CA on a case by case basis

    Lendbug Is Now Doing Asset Based Funding !!!
    We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.

    Our Asset Based Lending Criteria:

    - Non-primary residences only
    - Commercial and investment properties only
    - funding up to 50% LTV
    - Up to 18 month terms
    - Funding in as quickly as 5 days
    - 10 point commission

    Our MCA Criteria:

    - As low as 2k micro funding
    - 6 month Min.time in business
    - B, C, D paper
    - Offers not based on credit score - low credit ok
    - Response time (realistically) as low as 60 minutes
    - 1st - 5th position - Up to 38% withhold of net deposits
    - As low as 1.32 buy rates
    - Terms up to 140 days (weekly's upon approval)
    - Max Upsell to 15 points
    - Early Payoff Discounts
    - 25k a month average revenue
    - Minimum of 5 deposits per month
    - Minimal stips for contract (VC & ID)
    - Docusign Contracts

    - We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.

    ISO Agreement Link Bellow;
    https://na4.docusign.net/Member/Powe...db752ace08&v=2

    Michael Ross
    Lendbug LLC
    New York, NY
    Mross@lendbug.com
    646-360-0411

  11. #11
    Bow Apple Capital Funds VA and gives low rate offers as well!

  12. #12
    BizFund does fund in California ... Feel free to reach out.
    Danny Warren | BizFund
    _______________________

    Mobile 917-710-5799
    dannyw@bizfund.com


  13. #13
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    Lets work together
    i pay my isos up to 15 points and fund same day



    No lender funds a file in one day No One ---- Love to see copies of deals FROM ANY LENDERS WHO funded in one day date stamped same day - from the app to the approval to the contract to the bank statement that shows a deposit all in one day - ANY LENDERS OUT THERE WANT TO STEP UP AND SPEW MORE BULL**** ABOUT SAMEDAY FUNDING? let us see an example ---- lol you lenders are soooooo funny and full of **** at the same time ------ lol

  14. #14
    Senior Member Reputation points: 121615 BR-Nightmare's Avatar
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    Quote Originally Posted by G2efunding.com View Post
    [COLOR=#333333][FONT=Verdana]
    No lender funds a file in one day No One ---- Love to see copies of deals FROM ANY LENDERS WHO funded in one day date stamped same day - from the app to the approval to the contract to the bank statement that shows a deposit all in one day - ANY LENDERS OUT THERE WANT TO STEP UP AND SPEW MORE BULL**** ABOUT SAMEDAY FUNDING? let us see an example ---- lol you lenders are soooooo funny and full of **** at the same time ------ lol
    If the file submitted is clean, it has been done.

    Trust me
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  15. #15
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    Do you have special funding for the LGBT community - we are special and need special funding - Im talking about the LGBTs who don't have earrings in their nostrils or tattoos on their asses lol thanks Michael

  16. #16
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    Quote Originally Posted by G2efunding.com View Post
    Lets work together
    i pay my isos up to 15 points and fund same day



    No lender funds a file in one day No One ---- Love to see copies of deals FROM ANY LENDERS WHO funded in one day date stamped same day - from the app to the approval to the contract to the bank statement that shows a deposit all in one day - ANY LENDERS OUT THERE WANT TO STEP UP AND SPEW MORE BULL**** ABOUT SAMEDAY FUNDING? let us see an example ---- lol you lenders are soooooo funny and full of **** at the same time ------ lol
    What are you talking about? I have been a broker since 2019 and have funded many deals same-day.

  17. #17
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Gilbert - stop smoking that Canadian wowie....
    Steve Benjamin
    Professional Business Loans

    1012 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.

  18. #18
    Senior Member Reputation points: 42992 SendDocsPlox's Avatar
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    Quote Originally Posted by Olderguy View Post
    Gilbert - stop smoking that Canadian wowie....
    The smoke wasnt from a wildfire it was from all the big doinks Gilbert is smoking up there in Canadia

  19. #19
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    We fund in all 50 states you can send the files over to David.m@equitaadvance.com

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