Who can fund debt collectors?
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  1. #1

    Who can fund debt collectors?

    Looking for 1st position deal for a debt collection company. Seems to be prohibited industry by most. Direct funders only plz

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Good luck. Along with lawyers, these are probably the hardest guys to fund.

  3. #3
    Sponsor Reputation points: 429
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    I'm more than happy to one of our in-house underwriters take a look. No promises but it's possible. We've actually funded direct a few lawyers for our in house reps and we lost on one deal but made money with the others. Obviously we syndicated the deals but we are always looking to take shots. PM me if you would like. No pressure.


    Quote Originally Posted by upperlinecap View Post
    Looking for 1st position deal for a debt collection company. Seems to be prohibited industry by most. Direct funders only plz

  4. #4
    Senior Member Reputation points: 32658 Zach's Avatar
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    WBL has no problem funding these over 12-18 months.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  5. #5
    Senior Member Reputation points: 7360
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    I am a direct lender and we fund just about any industry. What matters most to us is that the client is profitable and has a demonstrated ability to meet their obligations. No collateral necessary. 12-18 month term, monthly payments.

    Please drop me an email if you are interested in discussing.

    Thanks,

    Dan Page
    dan@fundingstrategypartners.com

  6. #6
    LoanMe is a direct lender (100% funded in house) and can take a look at this file. We do not have any restricted industry types other than non-profits.
    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

  7. #7

    re

    Quote Originally Posted by upperlinecap View Post
    Looking for 1st position deal for a debt collection company. Seems to be prohibited industry by most. Direct funders only plz
    If youre looking to fund Martin Reed from Collection Concepts, hes a douchebag...dont bother

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