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  1. #1
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    and where do these #'s come from?

  3. #3
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    ondeck #'s came from the earnings report the other numbers I would like to know if they are estimated or actual
    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

  4. #4
    Senior Member Reputation points: 32658 Zach's Avatar
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    Makes perfect sense to me -- CAN had a monopoly for long enough to dwarf OD's numbers.

    What surprised me, however, is Kabbage.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  5. #5
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    I simply don't believe that YSC has funded over $1B LTD and $290M in 2014. Syndicated, brokered out, and participated in LTD....maybe, but it strains credulity that they have funded over $1B.

  6. #6
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by CreditGuy View Post
    I simply don't believe that YSC has funded over $1B LTD and $290M in 2014. Syndicated, brokered out, and participated in LTD....maybe, but it strains credulity that they have funded over $1B.
    I'm pretty sure it includes deals that are brokered out...

    Nothing wrong with that. Every other company on there includes deals that were syndicated, sold off, or just got ran through their platform including OnDeck.

  7. #7
    Veteran Reputation points: 135672 Chambo's Avatar
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    the lifetime numbers, they include the first quarter of 2015?

  8. #8
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by Chambo View Post
    the lifetime numbers, they include the first quarter of 2015?
    they do for some
    Last edited by Sean Cash; 06-23-2015 at 03:28 PM.

  9. #9
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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    our numbers include deals that we funded directly and brokered out.

    The first deal funded April 17th 2009

    sometime in may we funded our 60,000 deal

  10. #10
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    Impressive, but considering that ONDK had $56MM(~12-20%) of its new originations as "unpaid principal rollover" in Q1 15' I wonder how much of the referenced data is simply renewal business. And if it is a significant amount, as most in the industry would expect, then the numbers are not as rosy as they look. There's a reason their stock is in the trash, and I am not sure it will reverse itself anytime soon.

  11. #11
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    I work with Avi at Yellow and I want to know how much of that $1.1Billion he has funded over there?

  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Avi, tell your sister to stop posting on here!

  13. #13
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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    Lol Chambo

  14. #14
    Senior Member Reputation points: 13596 isaacdstern's Avatar
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    The Rest of the Alternative Lending Industry’s Funding Numbers

    http://debanked.com/2015/07/the-rest...nding-numbers/

  15. #15
    What's with this article https://www.sba.gov/content/sba-hits...record-fy-2014 ???
    And this https://www.sba.gov/sites/default/fi...07_11_2015.pdf ???
    Does Sean mean something else, or maybe I'm blind? what's going on here?

  16. #16
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    are you referring to me??

  17. #17
    Yes. I was just not getting your numbers- in contrast to that articles

  18. #18
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    My rankings said SBA 7(a) loans under 150k for 2014 were $1.86 billion.

    The first link you posted says the same thing:
    Other SBA loans that did well in fiscal 2014 were those $150,000 and under. Spurred by the fee relief implemented at the beginning of the fiscal year (fees were set to zero), these loans saw an increase of 23 percent in number of loans (30,675) and 29 percent in approved dollars ($1.86 billion) over fiscal year 2013 (24,923 and $1.44 billion respectively).

    The second link you posted shows the dollar amount of SBA 7(a) loans under 150k for only between 1/1/14 and 7/11/14 to be at $1.37 billion. The full year number was $1.86 billion

    Everything matches.
    Last edited by Sean Cash; 07-19-2015 at 09:09 PM.

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