[2014FUNDING]

Anyone having issues with them? I have submitted several deals for funding and all I keep hearing is that they are backed up. Its been almost a week and still no funds. I hope they aren't going out of business. Please advise.

[bizloanbroker]

I am seeing the same thing. The word on the street is their is a major hiccup getting their new credit line funded and they are out of fresh money on their old one

[AndyYSCISOdept]

^Has the "Word on the street" been verified by anyone with inside knowledge? Could just be hearsay yah know?

[Funder Mark]

^Has the "Word on the street" been verified by anyone with inside knowledge? Could just be hearsay yah know?

These are all rumors, so take them with a grain of salt. It could be true, or could be a similar thing with what happened with Everest, when they got very busy, and people wondered what was happening.

[AndyYSCISOdept]

Figured as much, that's why I am always interested to hear from someone who actually has something to do with Knights Finances. Not that I expect a funding company to come out and say, "Don't send us your deals bc we're broke!" But you never know?!?

[Funder Mark]

Even then, lets say they are running a little low on their line. All it really takes is one or two admins leaving, and their whole submission process could grind to a stop.

[AndyYSCISOdept]

Even then, lets say they are running a little low on their line. All it really takes is one or two admins leaving, and their whole submission process could grind to a stop.

You are correct. Spot on. I have had this issue a few times. The worst is when you have a skeleton crew and then maybe a server issue or some tech difficulties and all Hell breaks loose. The next thing you know you have a headline of "So and So GOES BANKRUPT"!! What a joke.

[CLucas]

They are either that busy or running out of money employees don't even respond to kind words like thank you and please

[Powerline_factor77]

Knight is still rocking

[Michael I]

They are either that busy or running out of money employees don't even respond to kind words like thank you and please

i fully agree . something is up with them

[Worldwide Capital]

I had 2 deals with them from last Thursday got funded today, Roodley my previous ISO manager left them and I am working with someone call Rita Covington, She was very responsive but all she said was " In Verification" I spoke to some senior guys in there and found out they have 2 verification team, One of the team doesn't work out from the same office so they have a lot of dependency on them. I was told that "we know exactly what you know but, I will go ahead and call them for you" So I guess they are having some man power issues.

[FUNd]

Does anyone have a good ISO rep at Knight? We are getting rid of our current lower tier lender, they have become a nightmare to deal with.

[Michael I]

Does anyone have a good ISO rep at Knight? We are getting rid of our current lower tier lender, they have become a nightmare to deal with.

its pick your poison , the responsive ones are dumb and the non responsive are good .

[MX211]

i fully agree . something is up with them

Anyone still experiencing slow movement?? I see no recent posts confirming things are back to the norm and well oiled or if the word on the df street is there is still "something up with them"

[Chambo]

Anyone having issues with them? I have submitted several deals for funding and all I keep hearing is that they are backed up. Its been almost a week and still no funds. I hope they aren't going out of business. Please advise.

I reached out and got Shlomo....they were jammed up for two weeks. Has to resent about 30 deals