[BigIz]

Has anyone worked with Lion Capital Group out of New York, who advertises on deBanked?
You send them your deals and they place it with one of the Lenders they syndicate with and let you share in the syndication. They also let you keep the full commission, no splits.
Sound like a really good deal for a small shop like mine that does not have syndication money.
Anyone done deals with them?

[MCABroker]

So what's your position at lion exactly?

[BigIz]

So what's your position at lion exactly?

I do not work for Lion. I am an ISO and was presented with the opportunity to work with them. I wanted to get some feedback from the group here at the DF. Has anyone worked with them? What do you guys think of the opportunity? It seems like a win win situation, if it is true.

[Zach]

Syndication (or participation) is an excellent vehicle to fuel further funding profits of an established ISO with stable deal flow. It also leads to a form of consistent income and stabilized revenue streams to provide a reliable stream of cash flow. In a strange sort of way, it's similar to "discounting" in the equipment leasing industry. In laymans' terms, it's like a profit multiplier. Most larger ISO's have some sort of money on the streets.

One easy way to start participating is to work with lenders that allow you to roll your commissions into the deal. This way you don't incur any upfront expenses (except the commissions you pay to the rep). Despite the potentially exponential earnings, I don't 100% endorse participating for a few reasons: legality and risk (severity). Do your own research.

That being said, if you have a potentially legitimate group here that wants to help syndicate on deals you really need to ask yourself:

1. Am I providing them with any potentially sensitive data?

2. Have you had an attorney look at their contract documents?

3. Do they have references (preferably larger companies) that can back their claims?

4. Where did they get their money?

Just my two cents.

If you need a few pointers, give me a quick call.