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  1. #1
    Senior Member Reputation points: 752
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    WebBank

    Any one know who else underwrites web bank on daily payments? Just got a competitive offer from merchant source inc to give a 30K per month consulting outfit an offer over 315 days with 1.23 factor rate. Obviously a great offer. I saw the contract and it's between Webbank and the borrower.

    Funny...I thought companies like upstart used web bank...I had zero idea they're into dailies.

  2. #2
    Senior Member Reputation points: 54989
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    retail / new logic /
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Im a newbie, posted the other day, i thought Webbank was just the loan issuer, not the lender??

  4. #4
    Senior Member Reputation points: 2218
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    That sounds like a can/new logic offer. Submit the deal there and you should get the same offer , they are first back with signed contracts funder . You can downsell 1 point and win it that way

  5. #5
    Senior Member Reputation points: 752
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    Quote Originally Posted by Andy View Post
    That sounds like a can/new logic offer. Submit the deal there and you should get the same offer , they are first back with signed contracts funder . You can downsell 1 point and win it that way
    Thank you.

  6. #6
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Credibly partnered with WebBank last year as well. http://flexpointford.com/news/retail...loan-products/
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  7. #7
    Senior Member Reputation points: 54989
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    Correct i used your original name retail.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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