Lendora Partnership with OnDeck?
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1

    Lendora Partnership with OnDeck?

    Sent a submission into Lendora last week and the emailed back stating if we would like the submission sent to OnDeck to resubmit the application with the merchants email and telephone number. Has anyone had any experience submitting to OnDeck through them? Seemed odd to us. Any information would be appreciated it.

  2. #2
    OnDeck has cut off a lot of brokers for missing KPIs. If they are willing to help facilitate that and you do not have OnDeck, that can be good for you.

    Edit: However it should be very clear exactly how this will go commission wise, renewal wise etc in writing before allowing a partner to submit to another lender/funder on your behalf.
    Last edited by diditevenfund; 04-16-2024 at 03:24 PM.

  3. #3
    Yes I do see the benefit. I was aware of the OnDeck cut offs. Lendora stated how all the commission stuff would go in the email. I just did not know if anyone has experienced this process with Lendora.

  4. #4
    Quote Originally Posted by MarvelBusinessFunding View Post
    Yes I do see the benefit. I was aware of the OnDeck cut offs. Lendora stated how all the commission stuff would go in the email. I just did not know if anyone has experienced this process with Lendora.
    Right on. Yeah I have never worked with them, but have engaged in similar activity over the years with others here and there. Always went fine for me.

  5. #5
    Lendora is a chop shop....

  6. #6
    Senior Member Reputation points: 3325
    Join Date
    Aug 2021
    Posts
    146

    Quote Originally Posted by taylormadefunds View Post
    Lendora is a chop shop....
    Funder signed up with ondeck def chop shop

  7. #7
    Lendora is a superbroker/funder

Similar Threads

  1. Lendora contact info!
    By Zonefund in forum Merchant Cash Advance
    Replies: 3
    Last Post: 01-16-2023, 09:18 PM
  2. Backdoor=Lendora Beware
    By mcaindustryveteran in forum Merchant Cash Advance
    Replies: 60
    Last Post: 09-14-2022, 01:16 AM
  3. used auto sales lendora
    By Friendly funder in forum Deal Bin
    Replies: 6
    Last Post: 11-18-2021, 02:00 PM
  4. Replies: 10
    Last Post: 03-15-2017, 03:43 PM
  5. Replies: 9
    Last Post: 05-04-2016, 10:58 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Credibly secures third securitization
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs


DIRECTORY