Results 26 to 38 of 38
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07-08-2013, 11:39 AM #26Senior Member
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YSCW did 50% and syndicated the other 50% out..it was funded on YSCW paperwork though!
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07-08-2013, 12:21 PM #27Member
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Congrats! That 132K is still a significant amount so I know everyone did some heavy underwriting.
Good luck to you guy's and the other funders in on this one.
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07-08-2013, 01:28 PM #28Senior Member
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Congrats! My only concern is that it is never of good fortune to brag about funding a big deal as many on here remember a big deal that was funded a while back and discussed on another forum only a few months before finding out it went bad for a few million dollars.
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07-08-2013, 01:55 PM #29Member
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Transparency wont cause a deal to go bad, it comes down to underwriting on all sides. A deal could go bad for many reasons, posting it on a forum should not be one of them.
Originally Posted by funding pro
IMO, this industry will grow larger the more transparent it becomes.Last edited by Duvdevan; 07-08-2013 at 05:48 PM.
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07-08-2013, 02:27 PM #30Senior Member
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not bragging at all here...just letting all the isos we work with that we are funding away in California...we sat on the sidelines for 2 years waiting for our Cali license to come through...we are now funding 3-5 deals a day in California and beyone excited about it
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07-08-2013, 05:57 PM #31Member
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I'm sure it was worth the 2 year wait
Isaac, what type of marketing program is giving you guy's at YSC/YSCW the highest ROI on new business? (SEO/SEM, lead list purchase, mailers, dialers, UCC's, even taking in consideration iso apps etc.)
And what would you say the default rates are for you guy's for deals you syndicate vs. deals that are not syndicated?
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07-08-2013, 06:05 PM #32Senior Member
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We do all PPC/SEO and a little bit of email blasting...we have alot of brokers that send us their files they can not get funded elsewhere...which is perfect because that is what we specialize in...I would say our internal default rate is slightly higher then our default rate with outside funders.
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07-08-2013, 06:06 PM #33Senior Member
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and yes well worth the wait!!!
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07-08-2013, 06:17 PM #34Member
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Very brave! With the changes that Google is constantly making you seem to be on your game with those changes.
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07-08-2013, 06:26 PM #35Senior Member
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Lets hope so, we are spending a small fortune every month with them
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07-09-2013, 10:04 AM #36Senior Member
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Well thats how you have to do it. But being a monster like yellowstone it shouldnt be a big deal. Isaac see's a lot of returns for being a monster in the industry.
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07-09-2013, 10:38 AM #37A forum user
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for email blasts, did you make your own list or do you buy lists?
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07-09-2013, 11:25 AM #38Senior Member
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4.5 years of heavy marketing gets you alot of email address's, buying lists is very dangerous...they are all full of spam traps and stuff like that will get your IP blacklisted fast
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