Top 5 Best ISO Companies - Who are they?
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. #1

    Top 5 Best ISO Companies - Who are they?

    Interested to see who the forum rates as the best ISO companies in the industry

  2. #2

    Top 5 Best ISO Companies - Who are they?

    I think Cardinal Equity is the best.

  3. #3
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    Quote Originally Posted by CaptainCashAdvance View Post
    Interested to see who the forum rates as the best ISO companies in the industry
    the ones that use UCC's and stack
    Anthony Diamond
    Underwriter

  4. #4
    Skycap!

  5. #5
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Just for the sake on entertainment, How would one rate an ISO? (Just to be upfront Cresthill Would never discuss a submitting ISO).

    Number of submissions?
    Quality of files?
    Offer to closing ratios?
    How they chat to my salaried underwriting department?
    Default Rate?
    How helpful they are they when we have a question regarding a bad file?
    Renewals?
    the list goes on and on....

  6. #6
    The better question is how do you rate Cardinal?

    Quote Originally Posted by mcaguru View Post
    Just for the sake on entertainment, How would one rate an ISO? (Just to be upfront Cresthill Would never discuss a submitting ISO).

    Number of submissions?
    Quality of files?
    Offer to closing ratios?
    How they chat to my salaried underwriting department?
    Default Rate?
    How helpful they are they when we have a question regarding a bad file?
    Renewals?
    the list goes on and on....

  7. #7
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    I probably have 100K Plus in salaries just to support your deal flow HAHA !

  8. #8

    Top 5 Best ISO Companies - Who are they?

    Advance America is looking for new isos, we're looking for long lasting relationships. We're a new direct lender with fresh money to lend out. Please email greg@advanceamericacap.com or Call/txt 516 754 6483

  9. #9
    Senior Member Reputation points: 50583
    Join Date
    Jul 2014
    Location
    Online
    Posts
    965

    Ugh. Everyone is looking for ISOs. It is completely obvious that most lenders utilize ISOs as resellers of their programs instead of having a direct sales floor to do so.

    What if I told you trying to pick out the top 5,10, or even 20 blindly is the wrong way to go? Have you ever heard the saying you can lead a horse to water but you can't make him drink? This is the same situation, you can find ISOs but you can't MAKE them send you deals.

    Unfortunately, there is no miracle way of doing so- but soon enough there will be an easier process (I am itching to press "GO" on this!!!)

    BUT think about this- Why don't you as a FUNDER, go into promotions and explain your company and what you do and how you can assist these ISOs in helping them sell by making it easier to resell your program... then maybe, just maybe they will. You can't be just another Stack 1.40+ 6 month lender and expect everyone to utilize your money...
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

  10. #10
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by WhoisKingsley View Post
    Ugh. Everyone is looking for ISOs. It is completely obvious that most lenders utilize ISOs as resellers of their programs instead of having a direct sales floor to do so.

    What if I told you trying to pick out the top 5,10, or even 20 blindly is the wrong way to go? Have you ever heard the saying you can lead a horse to water but you can't make him drink? This is the same situation, you can find ISOs but you can't MAKE them send you deals.

    Unfortunately, there is no miracle way of doing so- but soon enough there will be an easier process (I am itching to press "GO" on this!!!)

    BUT think about this- Why don't you as a FUNDER, go into promotions and explain your company and what you do and how you can assist these ISOs in helping them sell by making it easier to resell your program... then maybe, just maybe they will. You can't be just another Stack 1.40+ 6 month lender and expect everyone to utilize your money...
    Couldn't agree with you more. When lenders actually come in for an office visit - you have a chance to pick their brain, find out about a lot of benefits that are not found in their general uw guide, and determine which guidelines can realistically be bent/broken. Plus it gives the lender a chance to actually gauge the ISOs business. Can't imagine how many 2 man shops funding virtually nothing, put $2MM+ funded/month and 10 full time brokers on their application lol.

    Long story short, if you want to pick up notable deal flow from a real ISO, go there in person. Save the template email for your next DF post.

  11. #11
    ha ha ha..

    Quote Originally Posted by mcaguru View Post
    I probably have 100K Plus in salaries just to support your deal flow HAHA !

Similar Threads

  1. Best A/R - Factoring Companies?
    By BusinessLendingMadeSimple in forum All Other Lending
    Replies: 12
    Last Post: 11-29-2016, 12:44 PM
  2. Best MCA funder for UK companies
    By Phoenix in forum Deal Bin
    Replies: 2
    Last Post: 04-23-2015, 09:23 AM
  3. Looking for lead companies
    By Moneyformerchant in forum Merchant Cash Advance
    Replies: 0
    Last Post: 03-31-2015, 04:32 PM
  4. ACH processing companies.
    By omegafund in forum Financial Services
    Replies: 0
    Last Post: 01-06-2015, 09:09 PM
  5. New iso looking for funding companies
    By DL8 in forum Merchant Cash Advance
    Replies: 5
    Last Post: 07-19-2014, 11:54 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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY