Arena Funding Source is the NEW STANDARD
Need a Funder or Vendor? START HERE

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  1. #1
    Member Reputation points: 4372
    Join Date
    Aug 2023
    Location
    STATEN ISLAND, NY
    Posts
    14

    Arena Funding Source is the NEW STANDARD

    Dear ISOs/Brokers,

    At Arena Funding Source, we are thrilled to announce that we have successfully funded over 500 merchants, totaling more than $25 million in contracts. In our first 6 months of operations.

    As a merchant funding provider, we are dedicated to providing outstanding service, flexible solutions, and timely funding to help businesses thrive. We understand the challenges faced by merchants, and our mission is to support their growth by delivering tailored financial solutions.

    We will value your partnership and appreciate your trust in our services. Rest assured that we will continue to work tirelessly to exceed your expectations and provide you with the best possible experience. We are excited about the prospect of developing a business relationship and achieving great milestones together.

    Feel free to reach me at anytime. I look forward to meeting new people in the industry.

    Best regards,

    Al Vega (ISO Rep)
    (908) 368-7707
    Information Department
    Arena Funding Source LLC
    1457 Richmond Rd
    Staten Island, NY 10304
    Office: (786) 815-6763
    Email: info@arenafundingsource.com

  2. #2
    Member Reputation points: 4372
    Join Date
    Aug 2023
    Location
    STATEN ISLAND, NY
    Posts
    14

    AFS Programs:

    *

    NO CLAWBACK - UNLESS DEAL WAS CANCELED

    Consolidation Program: max 200k up to 240 days.( up to 4 MCA's positions)

    Sell Rate 1.399

    Broker Fees: 12 points (incrementally) - Contract Fees: $0 - Buy Rate 1.279.

    Sell Rate 1.349

    Broker Fees: 10 points (incrementally) - Contract Fees: $0 - Buy Rate 1.249.

    *

    *

    Regular MCA's: up to 25k max

    Sell Rate 1.299 - 80 days.

    Broker Fees: 12 points upfront - Contract Fees: $0 - Buy Rate 1.179.

    *

    *

    Prohibited Industry/Guidelines

    Transportation industry
    Auto sale
    Cannabis
    Check Cashing places.
    Credit Repair
    Collections agency
    Construction with limited AR
    No FICO under 550/Past due amount over 5k
    Any type of Defaults (Datamerch, NY court system, Clear)
    *Submit deals to:*processing@arenafundingsource.com

    To request Agreement, we require only Merchant's Email Address

    Send request to: contracts@arenafundingsource.com

    Documents to close Deal are: Driver License, Voided Check.

    Underwriting Department may request additional documents, if some of the information need to be confirmed.

    Thank You
    Information Department
    Arena Funding Source LLC
    1457 Richmond Rd
    Staten Island, NY 10304
    Office: (786) 815-6763
    Email: info@arenafundingsource.com

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