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  1. #1
    Senior Member Reputation points: 99426
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    Quote Originally Posted by iso@wallfunding View Post
    I have gotten far more deals declined because giving ANY more money would bring them to 30% of monthly deposits going to advances, then I have gotten 4th position deals funded. On this particular deal, even with our funding, all the dailys will be below 30%.
    It's funny how the blue chip funders have a guideline of <15% of gross sales going to advances, but the stackers think <30% of gross sales is okay. The problem is that the stackers don't know how to properly underwrite deals. smh
    Last edited by MCNetwork; 02-03-2016 at 10:52 AM.

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by MCNetwork View Post
    It's funny how the blue chip funders have a guideline of <15% of gross sales going to advances, but the stackers think <30% of gross sales is okay. The problem is that the stackers don't know how to properly underwrite deals. smh
    100% agreed
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

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