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  1. #1
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    I hear you, so much competition forcing funding companies to put money on the street. Most 1st position funding companies keep the hold back % between 12-15%, as you know this leaves room for stacking. 1st position companies are going to need to give more capital or find other ways to keep brokers loyal etc. If not it will continue in a growing industry. I have joined the "Dark Side".

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by The****zuofMCA View Post
    I hear you, so much competition forcing funding companies to put money on the street. Most 1st position funding companies keep the hold back % between 12-15%, as you know this leaves room for stacking. 1st position companies are going to need to give more capital or find other ways to keep brokers loyal etc. If not it will continue in a growing industry. I have joined the "Dark Side".
    not worth risking the relationship with the A paper banks
    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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