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  1. #1
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
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    Have you worked with these companies?

    Few companies I am looking for some honest feedback on from other brokers & funders.

    1. BOOM FUNDED LLC
    2. Secure Funding Source
    3. Smart Step Funding (principis)
    4. Preferred Funding Group
    Last edited by fundinggrasshopper; 02-14-2024 at 09:50 AM.

  2. #2
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    1. BOOM Funded is Matt Washington, he's an upstanding person, he was with PIRS for several years and I had a great experience with him. I also met him in person at Debanked in Oct 2022.
    2. (placeholder - I don't know anything about them good or bad to comment)
    3. Smart Step: One of the best kept open secrets in the industry (nobody talks about them here, but they're fantastic), long first/second positions, CC splits/ACH daily and weekly, great rates
    4. Preferred Funding Group: They aren't a lender, they're a broker who does personal loans and 0 APR credit cards, they charge 15 points to the merchant and give you 2.5. There are others who do this at a much cheaper rate and you get paid better.
    Last edited by abfunders; 05-01-2024 at 04:50 PM.

  3. #3
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    Quote Originally Posted by abfunders View Post
    1. BOOM Funded is Matt Washington, he's an upstanding person, he was with PIRS for several years and I had a great experience with him. I also met him in person at Debanked in Oct 2022.
    2. (placeholder)
    3. Smart Step: One of the best kept open secrets in the industry (nobody talks about them here, but they're fantastic), long first/second positions, CC splits/ACH daily and weekly, great rates
    4. Preferred Funding Group: They aren't a lender, they're a broker who does personal loans and 0 APR credit cards, they charge 15 points to the merchant and give you 2.5. There are others who do this at a much cheaper rate and you get paid better.
    What Micah said before...Ill add though #2 has only 1 ISO in that same building, with connection to Pirs. What are the odds of that?!

  4. #4
    Senior Member Reputation points: 45052 SendDocsPlox's Avatar
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    SmartStep is an absolutely excellent company, they used to be called Principis and they are true quality Industry OGs

  5. #5
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
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    Thank you for the feedback guys it is greatly appreciated

  6. #6
    1. havent funded with them yet but hear they are very agressive
    2. been working with secure for years now, great honest straightforward dudes. mostly 2nd+ positions 80-160 days
    3. didnt know principis is back in biz lol
    4. never heard of them

  7. #7
    Secure Funding Source is a very solid spot. Quick underwriting. Their uw used to work at Kalamata. Great guys and they are creative. I used to enjoy their marketing emails.

  8. #8
    Secure funding Source are full of honest people, and are great to fund with.

  9. #9
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Matt at Boom is good people. Know him for years and worth giving a try. I dont work with the others but do know smart step was born out of Principis who have been around forever
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

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