Results 26 to 50 of 69
-
02-03-2015, 04:59 PM #26
-
02-03-2015, 05:04 PM #27
-
02-03-2015, 05:08 PM #28John 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
-
02-03-2015, 10:24 PM #29
This forum is wide open for litigators to get their data from, call on for witness, and discovery. Basically, being handed to them on a silver platter
-
02-04-2015, 09:48 AM #30
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
I've seen On Deck stack merchants as well. They should watch out!
-
02-04-2015, 12:57 PM #31
- Join Date
- Apr 2013
- Posts
- 359
-
02-04-2015, 01:01 PM #32
- Join Date
- Sep 2014
- Posts
- 720
-
02-04-2015, 01:23 PM #33
- Join Date
- Sep 2014
- Posts
- 55
Ondeck and Kabbage just stacked on my merchant that is D Paper and already has 2 D paper loans. Lol. Ondeck did a 4 year term deal. His cash flow has and had been declining too. And they both gave him larger loans than the 1st and 2nd position lenders. Crazy.
Last edited by Fly; 02-04-2015 at 01:28 PM.
-
02-04-2015, 01:35 PM #34
- Join Date
- Sep 2014
- Posts
- 430
The larger lenders (OnDeck, CAN, BFS, TBB, etc.) aren't stacking intentionally. They are selling most of their paper into warehouse lines, or in the cases of OD and CAN, securitization facilities. Originating a deal that's a stack would violate the covenants of those facilities. It is most likely the broker (or owner) that is double funding the business. There might be some instances where it legitimately fell through the cracks, but I very highly doubt it is intentional.
-
02-04-2015, 03:11 PM #35
-
02-04-2015, 04:56 PM #36
- Join Date
- Sep 2014
- Posts
- 430
On Deck's max term is 24 months per their website.
-
02-04-2015, 07:48 PM #37
- Join Date
- Sep 2014
- Posts
- 55
It's a new program that goes longer than 24 months.
-
02-04-2015, 07:49 PM #38
- Join Date
- Sep 2014
- Posts
- 55
-
02-04-2015, 07:51 PM #39
-
02-04-2015, 07:55 PM #40
- Join Date
- Sep 2014
- Posts
- 55
They have one of the largest advertising campaigns in the space right now, you think 10 people can field all those inbound web leads and phone inbounds? I would guess close to 100 by now.
-
02-04-2015, 08:23 PM #41
-
02-05-2015, 09:49 AM #42
- Join Date
- Sep 2014
- Posts
- 430
-
02-16-2015, 03:14 PM #43
- Join Date
- Jan 2015
- Posts
- 3
-
02-16-2015, 03:28 PM #44
-
02-16-2015, 04:34 PM #45
-
02-18-2015, 05:07 PM #46
- Join Date
- Jul 2013
- Location
- Chicago
- Posts
- 10
Wow, I've never seen numbers like that. Whatever the market will bear right?
Joe McCready
ISO Development Manager
Wellen Capital
Web: www.wellen.com
Email: jmccready@wellen.com
Direct: 847-736-0333
-
02-19-2015, 08:38 AM #47
- Join Date
- Nov 2014
- Posts
- 1
Does any
one know the contact info for Advance Payment?
-
03-27-2015, 02:19 PM #48
20k, 1.70, 37 days 10% psf - funded again!
Anthony Diamond
Underwriter
-
03-27-2015, 02:29 PM #49
-
03-27-2015, 02:35 PM #50
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Similar Threads
-
Dated MCA Leads @ $.40 per Lead Record
By leads4cashadvance in forum PromotionsReplies: 0Last Post: 01-13-2015, 03:42 PM -
New Month Record Goals
By Eagle Funding in forum Deal BinReplies: 0Last Post: 11-05-2014, 10:16 AM -
Lendio sets record 6x in 10 days
By dave.lendio in forum Merchant Cash AdvanceReplies: 27Last Post: 09-27-2014, 09:39 AM -
Record day in Funding for Yellowstone
By isaacdstern in forum Merchant Cash AdvanceReplies: 12Last Post: 02-09-2014, 07:29 AM -
Record year for Yellowstone Capital
By isaacdstern in forum Merchant Cash AdvanceReplies: 16Last Post: 01-08-2014, 10:54 AM