Looking for Direct Lender for low volume merchants

**BigIz** · 10-09-2015, 08:22 PM

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?

**FUNd** · 10-09-2015, 10:13 PM

Pearl

**John Galt** · 10-09-2015, 10:52 PM

Lex

**DanielD** · 10-09-2015, 11:00 PM

mantis or Yellowstone

**BigIz** · 10-10-2015, 12:03 AM

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

**isaacdstern** · 10-10-2015, 09:17 PM

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

**Funder Mark** · 10-10-2015, 11:59 PM

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.

**Jason Sterling** · 10-12-2015, 12:45 PM

I will look at low volume deals

**Steven_O** · 10-12-2015, 02:32 PM

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)

**LoanMe** · 10-12-2015, 03:17 PM

Originally Posted by BigIz

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?

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.

**HGB** · 10-13-2015, 02:06 PM

CapAssist
Minimum Advance: $5,000
holley@capassist.com

**Jared_Weitz** · 10-13-2015, 03:32 PM

Try MCG or Elevate

**Mmarano** · 10-13-2015, 05:50 PM

YellowStone doesn't Steal deals.

Originally Posted by BigIz

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

**John Galt** · 10-13-2015, 05:59 PM

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!

**FUNd** · 10-13-2015, 06:06 PM

Originally Posted by Mmarano

YellowStone doesn't Steal deals.

2nd'd. I have never had a deal backdoored by Yellowstone. And, we have ways of checking, believe me.

**John Galt** · 10-13-2015, 06:16 PM

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.

**evercap** · 10-13-2015, 07:25 PM

info@everlastingcapital for ISO agreement Micro ACH PROGRAM min deal size $2000 2-4 months

**FUNd** · 10-13-2015, 07:35 PM

Originally Posted by evercap

info@everlastingcapital for ISO agreement Micro ACH PROGRAM min deal size $2000 2-4 months

Are you a direct lender?

Thread Tools

Display