Zahav Asset Management - Underwriter
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  1. #1

    Zahav Asset Management - Underwriter

    Hello!

    Our office is looking for a full time Underwriter.

    If you have underwriting experience within the cash advance industry, please feel free to give a us a call.

    We are happy to answer any questions you have regarding our office and guidelines.

    You can contact us via email or phone:

    Office: 516-464-1700
    Email: Info@zahavassetmgmt.com


    Thank you!

  2. #2
    theres a different section for this kind of post

  3. #3
    Senior Member Reputation points: 39309
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    Quote Originally Posted by perrytheplatypus View Post
    Hello!

    Our office is looking for a full time Underwriter.

    If you have underwriting experience within the cash advance industry, please feel free to give a us a call.

    We are happy to answer any questions you have regarding our office and guidelines.

    You can contact us via email or phone:

    Office: 516-464-1700
    Email: Info@zahavassetmgmt.com


    Thank you!
    What kind of guidelines do u have on your mca deals? Ive seen you in some deals.

  4. #4
    Senior Member Reputation points: 23755
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    Quote Originally Posted by Zonefund View Post
    What kind of guidelines do u have on your mca deals? Ive seen you in some deals.
    I too, see them in statements very often

  5. #5
    For industries not on our restricted list, we require the following:
    ● Net deposits > $40,000 / month and minimum 4 deposits.
    ● Time in business > 1 year
    ● Credit score > 600 for longer terms; > 500 for higher risk.
    ● Negative days less than 6 per month.
    ● Average daily balance > 3x the daily payback amount in our offer.
    ● Background clear of finance-related criminal record.
    ● Judgments – Unsatisfied judgments from a financial institution or MCA is
    an auto-decline.
    ● Tax Liens must be satisfied or under a payment plan.
    ● Bankruptcies – Case by case.

    Restricted:
    ● Trucking & logistics
    ● Nonprofit organizations
    ● Debt consolidation / credit counseling
    ● Financial institutions / investment firms

    Limited: MUST HAVE A NATIONAL BANK ACCOUNT AS MAIN ACCOUNT
    ● Real estate / property management
    ● Gas & oil sales - Good credit and background.
    ● Construction - 5 years in business, monthly revenue > $200K
    ● Flooring- $100k
    ● Most law firms (case by case)
    ● Consulting
    ● Auto sales - minimum 100k monthly revenue
    ● Staffing / Brokerage Firms

    ● Early Payoff Discounts for 30/45/60 business days on a deal-by-deal basis.
    ● Weekly payment schedule is available if all other positions are weekly.
    ● Up to 5 existing positions (us being 6th) but must stay less than 50%
    leveraged. And yes we fund 1st positions.

    For those who are interested in signing up as an ISO you can apply on the website and a rep will reach out - https://zahavassetmgmt.com/

  6. #6
    Quote Originally Posted by perrytheplatypus View Post
    Hello!

    Our office is looking for a full time Underwriter.

    If you have underwriting experience within the cash advance industry, please feel free to give a us a call.

    We are happy to answer any questions you have regarding our office and guidelines.

    You can contact us via email or phone:

    Office: 516-464-1700
    Email: Info@zahavassetmgmt.com


    Thank you!
    i see you guys in high risk deals. can you please reach out to me james@click-n-loans.com i have a broker shop were looking for more high risk lenders

  7. #7
    Senior Member Reputation points: 150 CornerStoneFunding's Avatar
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    Quote Originally Posted by 14Funded99 View Post
    i see you guys in high risk deals. can you please reach out to me james@click-n-loans.com i have a broker shop were looking for more high risk lenders
    we fund high risk, let me know if you'd like for me to send over our guidelines and iso agreement to the email you provided. We would love the opportunity to fund your deals
    Mike Guiliano
    ISO Relations Manager
    (786) 629-5771
    3111 N University Blvd Suite 604
    Coral Springs, FL
    michael@cornerstonefundingllc.com

  8. #8
    Quote Originally Posted by CornerStoneFunding View Post
    we fund high risk, let me know if you'd like for me to send over our guidelines and iso agreement to the email you provided. We would love the opportunity to fund your deals
    please do that would be great. can we set up a call for tomorrow as well?

  9. #9
    Senior Member Reputation points: 150 CornerStoneFunding's Avatar
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    Quote Originally Posted by 14Funded99 View Post
    please do that would be great. can we set up a call for tomorrow as well?
    sent!
    Mike Guiliano
    ISO Relations Manager
    (786) 629-5771
    3111 N University Blvd Suite 604
    Coral Springs, FL
    michael@cornerstonefundingllc.com

  10. #10
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  11. #11
    Good afternoon, We are yet again looking for underwriters in the Tri-state area. Leads are much appreciated.

  12. #12
    Senior Member Reputation points: 73139 Olderguy's Avatar
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    Quote Originally Posted by perrytheplatypus View Post
    Good afternoon, We are yet again looking for underwriters in the Tri-state area. Leads are much appreciated.
    There really is a help wanted section...

    You just have to scroll down until you see it....ahh, there it is:

    https://dailyfunder.com/forumdisplay.php/14-Help-Wanted
    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.

  13. #13

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