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  1. #1
    Senior Member Reputation points: 6465
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    Whos is left in term loan and non mca unsecured loan space?

    Funding Circle - still taking deals from Brokers Up to 500K
    Dealstruck - Still taking deals from Brokers up to 350
    Street Shares - up to 100k
    Bluevine - up to 50k
    Fundation - Cancelling brokers
    Able - Cancelled all Brokers
    Kabbage - Cancelled all Brokers

    who am I missing?

  2. #2
    Senior Member Reputation points: 7360
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    While I don't have the big name that some of these guys do, certainly add Funding Strategy Partners to the mix:

    Funding Strategy Partners: Will always take deals from brokers. Minimum funding: $100k, Max Funding: $2MM

    Best,

    Dan Page
    dan@fundingstrategypartners.com
    Direct: (303) 938-8280

  3. #3
    Quote Originally Posted by michaelh View Post
    Funding Circle - still taking deals from Brokers Up to 500K
    Dealstruck - Still taking deals from Brokers up to 350
    Street Shares - up to 100k
    Bluevine - up to 50k
    Fundation - Cancelling brokers
    Able - Cancelled all Brokers
    Kabbage - Cancelled all Brokers

    who am I missing?
    QuarterSpot - deals up to $150k and 18th months. No PG. No UCC. No prepayment penalty. https://www.quarterspot.com/partner-registration

  4. #4
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Atlanta
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    Whos is left in term loan and non mca unsecured loan space?

    What's that about Fundnation? Just got an email from them last week about the newly launched partner portal.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  5. #5
    Member Reputation points: 385 BoostAaron's Avatar
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    I feel like all we're going to hear is crickets now that Dan has chimed in... It's a pretty vacant space, much to the dismay of many direct advance funders such as ourselves looking for homes for traditional deals.
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  6. #6
    Senior Member Reputation points: 68233
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    Quogue, NY
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    We deploy our own Capital on deals that we feel need a bridge to longer term credit facilities. If a client has been a decline from any of the folks mentioned above and needs a home while they are preparing to be re-submitted what we offer might be ideal:

    Program guideline- 14 monthly payments

    Consolidations are welcome without any cash out percentage needed

    Prefer to deal with firms that have assets on the balance sheet

    There needs to be a projected profit in Debt service coverage with new facility

    If there is FICO damage to the guarantor, it must something that will ultimately allow them to be placed to a longer term facility in near future

    No Judgments or Tax liens (unless in a documented payment plan)

    We must be senior debt

    Again: this is a Bridge... Not a 3-10 year facility

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

    Direct 516 510 3855

    www.businesscapitalconsultants.com

  7. #7
    Member Reputation points: 11
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    Apr 2015
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    New York City & Florida
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    82

    When did Able cancel brokers ?

  8. #8
    LoanMe is here. Unsecured loans up to $75k.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  9. #9
    Senior Member Reputation points: 54975
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    from what i hear some of the High Risk shops are at the drawing board to perhaps enter the A paper space...
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  10. #10
    Senior Member Reputation points: 30475 Zach's Avatar
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    Nov 2013
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    1,732

    WBL can structure multi-year transactions. Plus, we are much less strict on financials than our competitors -- most deals don't even require P&L or Balance Sheet.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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