Are there any cash advance lenders that do weekly payments.

**wallerbusiness** · 07-23-2015, 05:44 PM

Are there any cash advance companies that do weekly payments?

**sigmundpannu** · 07-23-2015, 05:50 PM

Arf

**Zach** · 07-23-2015, 05:50 PM

Wbl!

**rick_clsfunding** · 07-23-2015, 05:59 PM

The Business Backer

**CO1** · 07-23-2015, 06:29 PM

Arf, wbl, tbb,sfs, bfs, ondk, name few. .

**WBL Westminster** · 07-23-2015, 06:53 PM

Wbl

**KM_Superior** · 07-23-2015, 06:58 PM

So long as the banks merit it we will do weekly.

**FUNd** · 07-23-2015, 08:20 PM

I hear a lot about WBL on this forum, and they spam me all the time. What makes them different again?

**Michael I** · 07-23-2015, 09:01 PM

Fund ,I know a bunch of them will come on and say good things . Bottom line they can get declines for nsf. Or to many balances done with colletaral. There rates for the most part compare to the rest of the cash advance industry .
They are always changing buy rates so it's good to keep on checking in with them . If a merchant can get funding from can , on deck or bfs then wbl we probably not be the best place for it .
Also since they are colletaral their process is a little longer .
If you send deals make you sure to use main branch (Chris Pepe is great ) as they are a lot of small shops they bought out that are ISO .
Zach also seems to be great from this forum but never dealt with him .
Good luck

**Zach** · 07-23-2015, 10:40 PM

Mike, thanks for the kind words. The three primary situations I would recommend our product line:

1. A client needs a loan higher than any other funder is offering (we offer the largest approvals)

2. The client has too many balances and needs a consolidation

3. It's an A paper deal and he won't pay On Deck or IOU rates

All of these situations are where WBL shines. Our rate for top tier merchants is 1.06 for 6 months, and 1.13 for 12. We will pay off all existing balances, and merchants do not need to net anything. We also lend a maximum of 3X their average deposit volume.

Come on... Of course our process takes longer... We are putting a lien on a house or vehicle! It's not a 24 hour turnaround product. If you've ever come across situation 1, 2, or 3 (and don't lie, you ALL have), you should absolutely have our products at your disposal.

I recommend to give me a call at 714-988-4413 and I can explain exactly why we are a valuable asset to our brokers. In addition, if you are looking for an exit strategy (or just want to make WAY more money), we are also acquiring all qualifying ISOs.

-Zach

**FUNd** · 07-23-2015, 11:55 PM

Originally Posted by Zach

Mike, thanks for the kind words. The three primary situations I would recommend our product line:

1. A client needs a loan higher than any other funder is offering (we offer the largest approvals)

2. The client has too many balances and needs a consolidation

3. It's an A paper deal and he won't pay On Deck or IOU rates

All of these situations are where WBL shines. Our rate for top tier merchants is 1.06 for 6 months, and 1.13 for 12. We will pay off all existing balances, and merchants do not need to net anything. We also lend a maximum of 3X their average deposit volume.

Come on... Of course our process takes longer... We are putting a lien on a house or vehicle! It's not a 24 hour turnaround product. If you've ever come across situation 1, 2, or 3 (and don't lie, you ALL have), you should absolutely have our products at your disposal.

I recommend to give me a call at 714-988-4413 and I can explain exactly why we are a valuable asset to our brokers. In addition, if you are looking for an exit strategy (or just a want to make WAY more money), we are also acquiring all qualifying ISOs.

-Zach

Thanks for both explanations. The collateral thing is interesting, but there are a couple lenders that have been around in the equipment leasing space for years that do 2-5 year working capital deals, A-F credit, with proper collateral, so nothing too groundbreaking here.

I was just curious to know what all the hype was about.

**Zach** · 07-24-2015, 12:16 AM

I came from the equipment leasing space, and frankly I can't picture Finpac, Dakota, or anyone else funding a client with 0% down for a C or D credit profile, even on a fully secured leaseback.

I imagine a 15-20% down product at 28% APR or higher, which frankly, our product is often superior to (except for term). Of course this varies from client to client, but there is definitely a time and place for the WBL product that equipment financing can't compete with.

**blKC** · 07-24-2015, 09:35 AM

Kalamata offers weekly

**FUNd** · 07-24-2015, 10:17 AM

Originally Posted by blKC

Kalamata offers weekly

Yeah, and EBITDA has to rival that of Uber Technologies Corporation.

**Regium** · 07-24-2015, 11:07 AM

We offer weekly as well

**aredmond** · 07-24-2015, 01:20 PM

Swift, Business Financial Services, Quarterspot

**WBL Westminster** · 07-24-2015, 01:33 PM

SOS Filing Inactive/Suspended Who will fund a Inactive/Suspended SOS filing? 1Mill AR, great banks, any suggestions?

**WBL Westminster** · 07-24-2015, 01:35 PM

2nd Position Canada Who stacks in Canada?

**FUNd** · 07-24-2015, 05:51 PM

Originally Posted by WBL Westminster

SOS Filing Inactive/Suspended Who will fund a Inactive/Suspended SOS filing? 1Mill AR, great banks, any suggestions?

Why is it suspended if they are so solid? Usually very cheap to fix if they don't owe back taxes.

**cpnbizdev** · 09-05-2015, 08:25 PM

We will do weekly payment structures with early payment discounts. Feel free to email me.

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