[jjrouss]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

[MichaelP]

This has been my experience as well for the most part. My approval rate is down like 25%. Deals that would have gotten a pretty nice A- or B paper approval last year are getting small high risk deals or nothing right now. I imagine it's due to uncertainty in the economy, rates and an increased number of defaults, so I'm not sure that I would be acting any differently if it was my money, but I sure would like things to go back to normal.

[A. Grippo]

If Delta is your idea of High Risk you must not have friends in low places

[jjrouss]

Haha Agreed.

[VitalCapJeff]

Good Morning,

We are a B/C paper funder that goes out up to 12 months.

Reach out to discuss our guidelines and see if we would be a fit for each other.

Hope everyone has an excellent, "FUNDING FRIDAY"!

[taylormadefunds]

This has been my experience as well for the most part. My approval rate is down like 25%. Deals that would have gotten a pretty nice A- or B paper approval last year are getting small high risk deals or nothing right now. I imagine it's due to uncertainty in the economy, rates and an increased number of defaults, so I'm not sure that I would be acting any differently if it was my money, but I sure would like things to go back to normal.

100% a lot of funders holding back and last years A paper merchants are this years B-C clients (industry/tight Uw guidelines) IF they are still in business....

[closer129]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

My company does all types of paper and we cap at 12 months depending on the file on first positions. Our first position renewals work like a line of credit in a way as well. our second position deals cap at 10 months depending on the deal. We also do cc splits and adjustable ach's for seasonal business.

Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872

[joey funds]

Though our longest term is 9 months, We offer more aggressive dollar amounts than most funders!

Joey Andreoni
Rocket Capital
(C)848-318-2721
(O)786-954-5086
Joey@rocketcapllc.com
https://rocketcapllc.com/

[FLORIDAMAN]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

Tons of factors when considering deal terms and the current economic and political landscapes are always a large one since its all about risk mitigation. We are averaging a funding term of 6.5 months with a good amount of 10 month terms over the past few months. Less approvals but wayyy more aggressive offers on qualifying deals.

[ridextreme]

My company does all types of paper and we cap at 12 months depending on the file on first positions. Our first position renewals work like a line of credit in a way as well. our second position deals cap at 10 months depending on the deal. We also do cc splits and adjustable ach's for seasonal business.

Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872

What does this have to do with the conversation itt?

[RyanWi]

Good Morning,

We are a B/C paper funder that goes out up to 12 months.

Reach out to discuss our guidelines and see if we would be a fit for each other.

Hope everyone has an excellent, "FUNDING FRIDAY"!

I funded a few deals with you guys at the last company I worked for.

You guys were super easy to deal with.

[RyanWi]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

What is Delta Bridge's guidelines?

[BR-Nightmare]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

Bud, times have changed and funders have adapted or perished.

Can't have 2019 mindset in the 2023 Recession.

****s changed. You got to adapt.

[VitalCapJeff]

I funded a few deals with you guys at the last company I worked for.

You guys were super easy to deal with.

Thank you for the kind words!

Reach out if you need to get signed up with your new firm.

I'll get you up to date with our guidelines.

[ridextreme]

The answer is because of defaults, plain and simple. It's not because they're "scared", or "projecting how the economy's gonna look in x number of months".

The merchants are gonna keep stacking themselves until they can't get anymore cash, then they'll have no option but to cut everyone off in order to keep their doors open. I think it's only gonna keep getting worse, unfortunately.

[Franklin]

Most of my clients have only good things to say about VitalCap.







www.UccRadar.com - Large sales volume merchants filling out YOUR applications.

[Yankeeman07]

Though our longest term is 9 months, We offer more aggressive dollar amounts than most funders!

Joey Andreoni
Rocket Capital
(C)848-318-2721
(O)786-954-5086
Joey@rocketcapllc.com
https://rocketcapllc.com/

I love these posts .."longest term is 9 months," If you are funding a true MCA - there is NOT a definitive term.



Repayment could be quicker ( If revenue increases) or a longer period of time (revenues decrease)

[jjrouss]

Scott, I called you 5 times and no answer

[SendDocsPlox]

I love these posts .."longest term is 9 months," If you are funding a true MCA - there is NOT a definitive term.



Repayment could be quicker ( If revenue increases) or a longer period of time (revenues decrease)

This is the "every sixty seconds in Africa, a minute goes by" of DailyFunder posts

[DonMcGrath]

This is the "every sixty seconds in Africa, a minute goes by" of DailyFunder posts

LMAO



That was funny, but I'm very offended...... for the other party...

[BigDogFinancing]

25 FUNDED DEALS WITH DELTA IN 3 MONTHS........ WT...

We all know Ondeck, Mulligan, Kapitus, Credibly are barely funding... but.....
Where the hell are my B position lenders..... GBX, KCG........ They are nowhere in bank statements.....

What the hell is happening to this industry....

Is it me or EVERYTHING is HIGH RISK now!?

Where are my lenders that do 8-12 month terms all day!?

Delta is the best in the biz they get in the best deals I use them as b paper all day

[closer129]

Scott, I called you 5 times and no answer

I never got the call and just saw this. You can call me now. 212-220-9872.

[ghost]

Bud, times have changed and funders have adapted or perished.

Can't have 2019 mindset in the 2023 Recession.

****s changed. You got to adapt.

Winter is coming time to bundle up and be prepared!

[VitalCapJeff]

Most of my clients have only good things to say about VitalCap.







www.UccRadar.com - Large sales volume merchants filling out YOUR applications.

Appreciate the kind words!

[Finance Guru]

We are making great offers and our terms are 4-12+ months, funding 1-6 position deals. Not sure who is slowing down, we do see more competition within the same deals being submitted by different ISO's. Reach out and let's get your deals FUNDED now!