SuperFastCap is NO longer a micro funder - Bigger deals, longer terms, and low BR's
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  1. #1
    Senior Member Reputation points: 22609
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    Dec 2019
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    SuperFastCap is NO longer a micro funder - Bigger deals, longer terms, and low BR's

    Valued ISO's,

    We are excited to announce that SuperFastCap is no longer a micro funder and that is all thanks to you!

    Buy rates as low as 1.18 and terms as long as 12 months.

    Consider SFC+ an A- to C type paper type funder.

    WHAT TYPES OF DEALS SHOULD WE NOW START SENDING YOU GUYS? GREAT QUESTION!

    - Send us the same type of paper you would send to funders like Kalamata, Newco, Everest, Lendini, and any other funders with low buy rates and 12 month terms.

    - New guidelines are attached and below.

    - Instant checkout and extremely minimal stips (only POO) is still available on ALL deals

    Please reach out with any/all questions

    SUPERFASTCAP NEW GUIDELINES (or just see attached)

    A TIER

    Deal Specifications
    - 35k-150k
    - 1st and 2nd positions
    - 35k-150k
    - 10 point max upsell
    - 4% origination fee

    Requirements:
    - $100k+ avg revenue
    - 700 min FICO
    - 4 years TIB min
    - 2 NSFs avg (per month)

    BUY Rates and terms (10 points upsell can be added to any of these)

    7 Month – 1.18
    8 Month – 1.206
    9 Month – 1.232
    10 Month – 1.258
    11 Month – 1.283
    12 Month – 1.309

    B TIER

    Deal Specifications
    - 35k-100k
    - 1st, 2nd and 3rd positions
    -Up to 75k on 3rd positions
    - 12 point max upsell
    - 6% origination fee

    Deal Requirements
    - $70k+ avg revenue
    - 650 min FICO
    - 2 years TIB min
    - 3 NSFs avg (Per month)

    BUY Rates and terms (12 points can be added to any of these)

    - 7 Month – 1.237
    - 8 Month – 1.271
    - 9 Month – 1.305
    - 10 Month – 1.339

    C TIER

    Deal Specifications
    - 1st,2nd and 3rd positions
    - 12 point max upsell
    - 8% origination fee


    Deal Requirements
    - $40k+ average revenue
    - 650 min FICO
    - 2 years TIB min
    - 4 NSFs avg (per month)
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

  2. #2
    Senior Member Reputation points: 35870
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    Awesome! You guys are always so easy to work with!!!

  3. #3
    Senior Member Reputation points: 22609
    Join Date
    Dec 2019
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    Thank you!
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

  4. #4
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
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    637

    They are really fast --- recently someone swore they got an offer before they sent the submission (after further investigating broker said he meant it was so damm quick it was as he never sent it yet)...
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  5. #5
    Senior Member Reputation points: 22609
    Join Date
    Dec 2019
    Posts
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    Quote Originally Posted by MCA-VET View Post
    They are really fast --- recently someone swore they got an offer before they sent the submission (after further investigating broker said he meant it was so damm quick it was as he never sent it yet)...
    #truth
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

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