A paper lock box deals
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Senior Member Reputation points: 12452
    Join Date
    Jun 2013
    Posts
    351

    A paper lock box deals

    Where are you getting them done?

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    um.....everywhere?

  3. #3
    Veteran Reputation points: 159120 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    Quote Originally Posted by funding pro View Post
    Where are you getting them done?
    If its A paper that would mean that you have good banks.. If thats the case why do you need a lockbox? Do an ACH based on the CC processing. The lockbox id going to make the deal take longer to fund and make the merchant wait longer to receive the CC processing deposits, ACH based on processing is better for you and the merchant
    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
    Give Luke at Fora Financial a call he's given me great offers.
    Michael Jagiello
    Director of Client Acquisitions
    Blue Granite Funding LLC
    mjagiello@bluegranitefunding.com
    1(718)873-6407 Cell
    1(917)791-8911 Fax

  5. #5
    Senior Member Reputation points: 12452
    Join Date
    Jun 2013
    Posts
    351

    Quote Originally Posted by J.Celifarco View Post
    If its A paper that would mean that you have good banks.. If thats the case why do you need a lockbox? Do an ACH based on the CC processing. The lockbox id going to make the deal take longer to fund and make the merchant wait longer to receive the CC processing deposits, ACH based on processing is better for you and the merchant
    I meant all other things, credit, industry, TIB, etc but obviously bad banks.

  6. #6
    Veteran Reputation points: 159120 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    Quote Originally Posted by funding pro View Post
    I meant all other things, credit, industry, TIB, etc but obviously bad banks.
    with bad banks most companies wont look at it as an A paper deal even if everything else is strong they probably wont get top tier rates
    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

  7. #7
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    Quote Originally Posted by funding pro View Post
    Where are you getting them done?
    you can get them done at strategic funding source, sfscapital(dot)com
    Anthony Diamond
    Underwriter

  8. #8
    Senior Member Reputation points: 12452
    Join Date
    Jun 2013
    Posts
    351

    Quote Originally Posted by J.Celifarco View Post
    with bad banks most companies wont look at it as an A paper deal even if everything else is strong they probably wont get top tier rates
    I get it, I meant non C/D paper companies

  9. #9
    Senior Member Reputation points: 16720
    Join Date
    Sep 2014
    Posts
    430

    So, B paper?

Similar Threads

  1. We Fund All C&D Paper Deals...
    By SupremeCapitalGroupinc in forum Promotions
    Replies: 12
    Last Post: 08-11-2015, 02:47 PM
  2. We Fund All C&D Paper Deals...
    By SupremeCapitalGroupinc in forum Promotions
    Replies: 0
    Last Post: 08-09-2015, 07:29 PM
  3. Replies: 15
    Last Post: 02-23-2015, 12:58 PM
  4. Replies: 3
    Last Post: 02-02-2015, 04:50 PM


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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY