Results 1 to 2 of 2
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10-13-2023, 03:51 PM #1
- Join Date
- Aug 2023
- Location
- STATEN ISLAND, NY
- Posts
- 15
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) 368-7707Information Department
Arena Funding Source LLC
1457 Richmond Rd
Staten Island, NY 10304
Office: (786) 815-6763
Email: info@arenafundingsource.com
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10-13-2023, 03:55 PM #2
- Join Date
- Aug 2023
- Location
- STATEN ISLAND, NY
- Posts
- 15
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 YouInformation Department
Arena Funding Source LLC
1457 Richmond Rd
Staten Island, NY 10304
Office: (786) 815-6763
Email: info@arenafundingsource.com
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