Results 1 to 18 of 18
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10-09-2015, 08:22 PM #1
- Join Date
- Oct 2015
- Location
- Brea, California
- Posts
- 88
Looking for Direct Lender for low volume merchants
I just ran a live transfer campaign and they mostly transferred low volume merchants (7k-9k a month). Does anyone know of a Lender funding low volume merchants?
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10-09-2015, 10:13 PM #2
- Join Date
- Jul 2014
- Posts
- 1,746
Pearl
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10-09-2015, 10:52 PM #3
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Lex
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10-09-2015, 11:00 PM #4
Looking for Direct Lender for low volume merchants
mantis or Yellowstone
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10-10-2015, 12:03 AM #5
- Join Date
- Oct 2015
- Location
- Brea, California
- Posts
- 88
Hey guys, I am new to the industry, so I do not know all the short names. I only know Yellowstone. Can you guys give me full names and/or contacts for each of the Lenders? Would really appreciate it.
By the way, I have been reading on here that Yellowstone steals deals from ISOs?
They also do not pay much commission.
Thanks
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10-10-2015, 09:17 PM #6
Looking for Direct Lender for low volume merchants
Yellowstone does not steal deals, we do have a 14 day exclusivity period which is lower than some. We may pay lower commissions on some deals but the vast majority of the deals we fund are deals declined by most other funding companies
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10-10-2015, 11:59 PM #7
Isaac is right, they will do deals that others will not, due to credit, daily balances, negative days, existing positions, and other reasons. From what I understand, and I could be wrong, Mantis is similar, but I am not actually familiar with their services. Pearl used to do what Yellowstone does now, but I have no idea what their current target merchants are now.
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10-12-2015, 12:45 PM #8
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 503
I will look at low volume deals
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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10-12-2015, 02:32 PM #9
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
I have a lender who does low volume deals ($2500 and up in monthly revenue for at least 3 months). Contact me at: sruiz@oneparkfinancial.com
1.40-1.49 factor rates
2-6 month terms
Pays 7 pts (I charge 5% PSF)
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10-12-2015, 03:17 PM #10
- Join Date
- Nov 2014
- Posts
- 438
LoanMe is a direct lender (100% funded in house). We are also located here is Southern California. We can take a look at these. We offer Loans from $3,500 - $100,000. We offer up to 2x gross deposits; so with low volume merchants earning between 7k- 9k a month, the maximum we would be able to offer them would be $14k- $18k business loans.
This program offers:
- Same Day Funding
- Monthly Payments
- Terms from 24-180 months
- No Pre-Payment Penalties
- Simple Interest/ Unsecured Loans
Please contact us for more information.LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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10-13-2015, 02:06 PM #11
- Join Date
- Feb 2015
- Location
- Kansas City
- Posts
- 34
CapAssist
Minimum Advance: $5,000
holley@capassist.com
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10-13-2015, 03:32 PM #12
- Join Date
- May 2014
- Posts
- 317
Try MCG or Elevate
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10-13-2015, 05:50 PM #13
- Join Date
- Feb 2014
- Location
- New York
- Posts
- 162
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10-13-2015, 05:59 PM #14
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Education is the best way to learn. There are 100s of funding ops, maybe 1000s. Learn the different vehicles to do the best for your clients as there are many options. There are unfortunately many scams too and too much misrepresentation by both the funders and clients. A lot of back dooring always goes on, keep the client engaged by being educated. Trust but verify!
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10-13-2015, 06:06 PM #15
- Join Date
- Jul 2014
- Posts
- 1,746
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10-13-2015, 06:16 PM #16
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Wasn't suggesting YS was back dooring. Just said it happens alot. Not all that happy with YS service but I haven't had any complaints with back dooring.
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10-13-2015, 07:25 PM #17
Looking for Direct Lender for low volume merchants
info@everlastingcapital for ISO agreement Micro ACH PROGRAM min deal size $2000 2-4 months
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10-13-2015, 07:35 PM #18
- Join Date
- Jul 2014
- Posts
- 1,746
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