Results 1 to 25 of 32
-
12-19-2023, 11:49 AM #1
- Join Date
- May 2014
- Posts
- 187
Everest - Stuck In Final Review
Does anyone know what's going on at Everest/Vader? Deals have been getting stuck in final review for over 3-4 days now.
-
12-19-2023, 12:20 PM #2
- Join Date
- Mar 2020
- Posts
- 133
-
12-19-2023, 01:34 PM #3
- Join Date
- Nov 2013
- Posts
- 598
-
12-19-2023, 04:04 PM #4
- Join Date
- Feb 2023
- Posts
- 6
Just heard from multiple brokers that EBF fell off for no legitimate reason today in final review.
-
12-19-2023, 04:24 PM #5
- Join Date
- Mar 2023
- Location
- Miami
- Posts
- 40
Couple of brokers I work with have been saying the same.
If you're looking for a new home, we generally beat out Everest on $$$
Hit me up, happy to chat.Moe Braun
Rocket Capital
(C)848-318-2598
(O)786-937-3556
Moe@rocketcapllc.com
http://rocketcapllc.com
-
12-19-2023, 04:32 PM #6
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 260
EBF lost the edge when they dropped max points from 15 to 12
Vader is more useful than EBF
-
12-19-2023, 04:50 PM #7
- Join Date
- Jun 2022
- Posts
- 16
Consider this of an outlook of how bad Vader and EBF have been lately.. Our last 15 signed deals only 2 have closed. The rest died in Final.. Not mention they were all quality SIC'S, mechanic, Wholesale, manufacturing, and even a dental office.
-
12-19-2023, 04:58 PM #8
- Join Date
- Aug 2021
- Posts
- 163
-
12-20-2023, 10:23 AM #9
- Join Date
- Mar 2020
- Posts
- 133
-
12-20-2023, 11:29 AM #10
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 260
It depends, all the usual suspects but mileage varies by how much they like your ISO.
Funding Metrics has always been good to me, Forward, I have a good ISO Rep at Delta, Fox is good when they want to be, Velocity CG can compete, Greenbox on their riskier paper, Rival are cool if you've worked with FM a long time in the past and they know you, Zahav are good on the riskier side of the Everest wheelhouse. Vital Cap competes as well but on the better side of the wheelhouse, they wont approve the low spectrum EBF type deals more often than not
Paper quality, position number, deposit count definitely are a factor, still need to abide by the boxes
A 110-130 day deal you have so many options now, plenty of smaller Funders that can do the same approvals if you have the relationship
Vader is still the baby deal GOAT. Wish SuperFast was still doing micro deals JOE
-
12-20-2023, 03:21 PM #11
- Join Date
- Oct 2023
- Posts
- 12
Are these clients looking for working capital or equipment? If it's equipment I'd be happy to see what I can do to get them funded
Naisha Hemphill
HIL Financial
425-296-8273
Naisha@hilfinancial.com
www.hilfinancial.com
-
12-21-2023, 11:04 AM #12
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 200
I am not Everest or Vader, but from a funder's perspective, it's the time of the year where a lot of files die in final review because of revenue. People closing up for vacations, potential impacts from weather for outdoor businesses up north. Of course if it's other reasons, a lot of it can be avoided by underwriting up front. But we have seen quite a few files die for the aforementioned reasons.
-
12-27-2023, 05:33 PM #13
PAZ Funding Source can and will fund your deals the same day.
We are a leader in the direct funding of ISO's. Our team averages 3O MIN or less to put out an offer or decline- Once we send out an offer, you can be sure we will fund the deal. WE ARE DIRECT IN-HOUSE FUNDERS
We be happy to look at your deals - Previous Defaults are auto decline - We can fund 2nd - 5th position.
ALL submissions should be sent to Partners@PazFundingSource.com with CC to dan@PazFundingSource.com for quickest response.
Funding Guidelines Lines: www.pazfundingsource.com/funding-guide-line/
- Funding all states
- 98% customer satisfaction referral
- Commissions at 14%
- Direct Funder
- 1 hour approval
- Full commission on renewals
- Weekly payment available
- Early payment discounts
- Over 7 years in business
Daniel Gold
Paz Funding Source LLC
310-845-6112
Dan@PazFundingSource.com
-
01-02-2024, 11:37 AM #14
- Join Date
- Nov 2023
- Posts
- 14
Capitalize Group can get these done for you. Please reach out to charles@capitalizegroup.com if you're still working any of these or have any new ones that need to get funded.
-
01-03-2024, 10:22 AM #15
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
-
01-05-2024, 01:39 PM #16
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Rocket is one of my faves!
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
01-05-2024, 01:43 PM #17
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Vital Cap is amazing too!
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
01-05-2024, 01:50 PM #18
- Join Date
- Mar 2023
- Location
- Miami
- Posts
- 40
Thanks for the love!
We love working with you too!Moe Braun
Rocket Capital
(C)848-318-2598
(O)786-937-3556
Moe@rocketcapllc.com
http://rocketcapllc.com
-
01-05-2024, 02:26 PM #19Joey Andreoni
Rocket Capital
(C)848-318-2721
(O)786-954-5086
Joey@rocketcapllc.com
https://rocketcapllc.com/
-
01-05-2024, 03:02 PM #20
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
-
01-12-2024, 06:15 PM #21
- Join Date
- Dec 2022
- Posts
- 12
Vital Cap is truly amazing and at one time accounted for 60%+ of my monthly volume. super creative to win deals.
Everest however, they went from offers in 1-3 hours, to offers in24-48 hours. They give aggressive offers on deals others dont, but their offers went from fully vettedUW to soft offers that they kill after you sell it.
But they do what many dont. I think their issue is they kind of moved away from the iso rep personal service to a general support thing, atleast once my rep of 5 years left.
-
01-13-2024, 12:23 AM #22
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,959
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
01-13-2024, 06:58 PM #23
- Join Date
- Dec 2022
- Posts
- 12
I have no idea what you are getting at, As a broker, you want them to do a bit of background and actually look at the statements when they give offers so they do not die on the funding table for things that are absolutely visible even without a login.
for instance: Everest gave me an offer 2 days ago for 60k 150p 1.32+12, I requested contracts, and they responded to the request by killing the deal with the only reasoning being :not eligible to be funded"
soft offers suck, they waste everyones time and make brokers lose trust with new clients that they can provide the service.
So explain what you mean yankee.
-
01-22-2024, 10:24 AM #24
- Join Date
- May 2022
- Posts
- 87
-
01-22-2024, 03:01 PM #25
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
Similar Threads
-
Bitty killing everything in final
By MCN in forum Merchant Cash AdvanceReplies: 18Last Post: 04-04-2023, 08:58 AM -
Deal in final & lender ask my broker shop for our site pictures & new iso agrmnt?
By ControlTheSale in forum Merchant Cash AdvanceReplies: 13Last Post: 03-15-2021, 10:16 PM -
Did anyone else get stuck in NY?
By capaxess in forum Merchant Cash AdvanceReplies: 1Last Post: 05-18-2018, 09:22 AM -
Song stuck in my head.....
By Kevin Henry-Seacoast in forum Everything elseReplies: 0Last Post: 12-04-2017, 02:00 PM -
Final days to qualify for Buckets of Beer for Memorial Day
By HeatherF in forum PromotionsReplies: 1Last Post: 05-15-2014, 03:44 PM