Insurance, Real Estate, or Acounting Offices
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  1. #1
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    Insurance, Real Estate, or Acounting Offices

    Has anyone had any trouble funding any of these industries?

  2. #2

    Insurance, Real Estate, or Acounting Offices

    yes it hard to get these approved due to the industry type

  3. #3
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    Insurance, Real Estate, or Acounting Offices

    I've funded those and attorney offices at capstack.

  4. #4
    Senior Member Reputation points: 3217 CO1's Avatar
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    I just yellow! Anything that has cash flow, I believe yellow will do, non of this restrictions list crap, sic code crap!

  5. #5
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    MFS Global funds Insurance, Real Estate, and Accounting for you guys who are having trouble with it. We are funding quite a bit of Accountants over the past month in particular.
    Last edited by mfs01; 12-16-2013 at 05:20 PM.

  6. #6
    Senior Member Reputation points: 32658 Zach's Avatar
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    Alliance Funding Group can handle insurance, real estate, and accounting firms, as well as most other typically-restricted SIC's (ACH PROGRAMS ONLY).

    If you have any deals you can't find a home for, give us a shot!

    -Zach
    zramirez@alliancefunds.com
    office: 714-450-1275
    fax: 714-464-6067

  7. #7
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    Insurance, Real Estate, or Acounting Offices

    Anybody here know alliance? Are they a real foundering co.

  8. #8
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    Quote Originally Posted by cashguy View Post
    Anybody here know alliance? Are they a real foundering co.
    It looks like they just got into the cash advance marketplace pretty recently. But I don't know if they are a real funding company or a brokerage....

  9. #9
    Senior Member Reputation points: 32658 Zach's Avatar
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    We have been in the equipment leasing game for 15 years. We started as a broker, and rapidly moved into the top 3 equipment financing firms.

    Due to our success at leasing, we recently moved to the ancillary working capital product. We do not cannibalize our competitors, as our product is unique in the marketplace.

    Typically we offer 10-month terms at 1.52 with no prepayment penalty.

    We normally approve and fund same-day. Think FINPAC, for those of you familiar with leasing.

    We have almost no SIC code restrictions (only a select few that we cannot do, eg. attorneys).

    We originated $60 million this year, and we just secured another line for $65 million.

    We do not currently offer any MCA options, as we have no desire or inclination to participate in that area.

    Feel free to contact me at 714-450-1275. Name is Zach.

    Zramirez@Alliancefunds.com

  10. #10
    Veteran Reputation points: 135672 Chambo's Avatar
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    10 month 1.52? Steep....

  11. #11
    Senior Member Reputation points: 32658 Zach's Avatar
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    Definitely not a cheap product. We also pay less points than CAN and OD would.

    I recommend to exhaust your "A" lenders first, and subsequently send us deals that you believe might deserve better than a 3 or 4-month 1.49 type product.

    If a client repays our loan within 3-4 months, they can reduce their factor to 1.28 or 1.32.
    Last edited by Zach; 12-17-2013 at 04:36 PM.

  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Zach View Post
    Definitely not a cheap product. We also pay less points than CAN and OD would.

    I recommend to exhaust your "A" lenders first, and subsequently send us deals that you believe might deserve better than a 3 or 4-month 1.49 type product.

    If a client repays our loan within 3-4 months, they can reduce their factor to 1.28 or 1.32.
    any of the A (and some B) lenders can do better than 10 month 1.52....

  13. #13
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    We can deal with them.
    We have almost no SIC code restrictions.
    Info@lexgf.com

  14. #14
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    No. We can fund them.

    Please contact us:
    Info@lexgf.com

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