Difference between Everest Funding & Fast Business Funding?
Need a Funder or Vendor? START HERE

Results 1 to 19 of 19
  1. #1
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    Difference between Everest Funding & Fast Business Funding?

    Does anyone know the difference between the two? Or just two names for the came co.?

  2. #2
    Senior Member Reputation points: 16735
    Join Date
    Jul 2013
    Posts
    350

    I believe they are both owned by Whetstone Partners LLC- (Scott Crockett seems to be the principal). Looks like they got their start and did pretty well in the auto title loan business.

  3. #3
    Senior Member Reputation points: 13325 isaacdstern's Avatar
    Join Date
    Feb 2013
    Posts
    1,285

    Same parent company

    Everest is run out of Florida by Scott and Tracy

    Fast is run out of NYC by Saffer

    both are amazing and i would highly recommend working with them

  4. #4
    Thank you Isaac, you are correct. Whetstone is the parent company and Fast and Everest are two separate companies with two different underwriting departments.

    Both companies provide great service and are extremely competitive on ACH/MCA deals. To set up a relationship with Fast Business Funding please e-mail me directly at Steve@FastBusinessFunding.com

    We fund within 24 hours of receiving a signed contract and pay very competitive commissions next day.

    Steven Saffer | Managing Director

    W www.FastBusinessFunding.com

    T 646.432.5030 E Steve@FastBusinessFunding.com

  5. #5
    Senior Member Reputation points: 30475 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,732

    Difference is 1.40 and 1.399
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
    Senior Member Reputation points: 13325 isaacdstern's Avatar
    Join Date
    Feb 2013
    Posts
    1,285

    lol

  7. #7
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    I'm just trying to figure out who to send business to... I called Everest to sign up and they had me call Saffer's Fast Business Funding, who I am already signed up with.... That just lead me to believe it's the same house - not necessarily any difference in deals... Also, am I correct that FBF is one of the in-house funders at Yellowstone? Therefore, can't necessarily take deals w/ Yellowstone to Everest or FBF if it's all the same place. That's why I am asking.

  8. #8
    And apparently they also have the same design guy:
    FBF Everest.jpg

  9. #9
    Senior Member Reputation points: 2218
    Join Date
    Apr 2013
    Location
    NY
    Posts
    203

    Quote Originally Posted by Quickfunder View Post
    I'm just trying to figure out who to send business to... I called Everest to sign up and they had me call Saffer's Fast Business Funding, who I am already signed up with.... That just lead me to believe it's the same house - not necessarily any difference in deals... Also, am I correct that FBF is one of the in-house funders at Yellowstone? Therefore, can't necessarily take deals w/ Yellowstone to Everest or FBF if it's all the same place. That's why I am asking.
    Everest sent you back to FBF because when they pulled you up in their system, they saw you are already signed up with FBF. For all practical purposes consider them the same company. Everest/FBF is NOT Yellowstone, so you can submit Yellowstone deals to FBF/Everest, and vice versa.

  10. #10
    That is not the case, you can submit to both companies if you would like to. FBF/Everest's pricing on deals is not the same and for that reason you will receive different offers from both companies. Quickfunder, I am not sure why you were sent to FBF if you asked to sign up with Everest, maybe it was a miss-communication. Also, to clear up the last question, we do business with Yellowstone but are in no way an "In-House Funder" for Yellowstone and have our own office in Midtown NYC.

    Steven Saffer | Managing Director

    W www.FastBusinessFunding.com

    T 646.432.5030 E Steve@FastBusinessFunding.com

  11. #11
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    OK - so as I had thought, for all practical purposes, they are the same company... Just want to make sure - thank you.

  12. #12
    Senior Member Reputation points: 13325 isaacdstern's Avatar
    Join Date
    Feb 2013
    Posts
    1,285

    It is true that we do a ton of business with both FBF and Everest anf they treat us with absolutely incredible customer service but we have no official association and they are not an in house funder of ours.

  13. #13
    Veteran Reputation points: 135029 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,178

    Devin, you causing trouble again?

  14. #14
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    LOL. Innocent question Chambo. Who knew I could get 2 banks for 1?!

  15. #15
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,437

    Definitely two different companies, submitted a deal to both yesterday, one declined due to industry, the other gave a nice offer, big fans of both.

  16. #16
    Pretty good strategy, after all those 51 complaints on whetstone on the BBB and around the web.. It doesn't take any peanuts to change the DBA to a different cleaner version..
    LOL guys.

  17. #17

    Difference between Everest Funding & Fast Business Funding?

    I heard recently they separated and are 2 separate companies. Anyone know if it's true?

  18. #18
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    used to be two then were 1, added EBF North, now its back to just EBF (Florida)

    As far as I know.
    Andrew J. McDonald
    Director of ISO Development
    Yellowstone Capital LLC
    1 Evertrust Plaza
    Suite 1401
    Jersey city, NJ 07302
    PH - 347.464.0785
    FX - 646.213.1790

  19. #19
    Member Reputation points: 15
    Join Date
    Oct 2015
    Location
    CA
    Posts
    63

    If you need a contact at Everest, feel free to give me a call.

Similar Threads

  1. Merchant Cash Group's Fast Funding Equity Program???
    By Sean Cash in forum Promotions
    Replies: 15
    Last Post: 04-09-2018, 05:07 PM
  2. Everest business funding
    By Michael Steinberg in forum Merchant Cash Advance
    Replies: 5
    Last Post: 06-19-2015, 01:35 PM
  3. Small Business Loans - Fast Funding and Easy Qualification
    By MichaelG@LOANME in forum Business Loans
    Replies: 0
    Last Post: 12-30-2014, 03:42 PM
  4. How do you sign up with Fast Business Funding
    By Zach in forum Merchant Cash Advance
    Replies: 8
    Last Post: 08-07-2014, 12:40 AM
  5. What's the Skinny on Horizon Business Funding?
    By Chambo in forum Merchant Cash Advance
    Replies: 8
    Last Post: 03-25-2013, 05:25 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

Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe


DIRECTORY