[omegafund]

They have good buy rates, but as stated before our experience is slow with them. The UW cannot seem to wrap their heads around a 75k+ deal. A 250k deal took 18 days after repricing. They often reprice a deal after first contracts are signed. For a sophisticated business owner I tend to use other funders. Just set the expectations with merchant and you should be ok with them.

Whats your guys experience with them?

For us :

Small Loan below $10K take 1 week to close
Medium Loans between $10k to $50K take from 1 week to 2 weeks to close
Large Loans between $50k to $300k take from 2 weeks up to 60 days to close