Results 1 to 14 of 14
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09-30-2016, 10:31 AM #1
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
Empire Funding
What's up DF? Anyone actually use this group? They are making some pretty heavy claims in their posts - could be a good way to monetize a few of the "unfundables" I have, if they actually do some of the stuff they are saying.
Any feedback on these guys? Thanks
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09-30-2016, 10:33 AM #2
- Join Date
- Jul 2015
- Posts
- 215
Empire Funding
I have used them a decent amount Nathan is good and they fund fast. New underwriter over there so it's not as loose as it was a month ago but they are still good for the high risk ones
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09-30-2016, 10:41 AM #3
- Join Date
- Nov 2014
- Posts
- 266
Cardinal Equity is another viable option in addition to Empire for those unfundables. May be worth a conversation with us when you have time.
Arty Bujan
Cardinal Equity, LLC
Managing Member
30 Wall Street 8Th FL
New York, NY 10005
Phone: 212-804-5757
Email: abujan@cardeqgroup.com
Web: www.cardeqgroup.com
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09-30-2016, 10:47 AM #4
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
Cardinal, are you guys lending or is this a co-broker type of relationship?
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09-30-2016, 10:57 AM #5
- Join Date
- Nov 2014
- Posts
- 266
Co-broker but I prefer Middle Office. We don't pay co-broker commissions. I'm sure many on DF will vouch for us.
http://www.cardeqgroup.com/services/...e-support.aspx
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09-30-2016, 11:04 AM #6
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
You guys have a good rep, nothing wrong with co-brokering just wasn't positive that's all.
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09-30-2016, 11:08 AM #7
- Join Date
- Nov 2014
- Posts
- 266
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10-05-2016, 12:04 PM #8
- Join Date
- Jan 2014
- Posts
- 1,380
heard nothing good about them. A friend worked for them said they had to change their name from empire to something else because of all the negativity. personally have not used them so it could all be he said she said but..
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10-06-2016, 12:55 AM #9
There are numerous posts on the forum that accusing them of lying stealing and back dooring. Some with actual screenshots.
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10-06-2016, 11:21 AM #10
- Join Date
- Sep 2014
- Posts
- 65
They backdoored a deal of ours. Seems like they are ex Yellowstone guys. I stick with Yellowstone for my unfundables.
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10-06-2016, 02:29 PM #11
- Join Date
- Dec 2015
- Location
- Los Angeles, CA
- Posts
- 121
Empire is good, they are a direct lender and operate very quickly. I would say for deals where the merchant has low deposit volume this would be the place to send it for an approval and they are fair with the sell rates too, they don't automatically sell it in the high 1.40s just because they can. I typically handle a lot of Dr's and mid to top tier files so I don't really use them as much as I do other lenders but when I do it has always been very pleasant. I work with Brett, he always keeps me updated and readily makes himself available.
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10-06-2016, 02:40 PM #12
- Join Date
- Aug 2016
- Posts
- 831
100% backdoor deals to other lenders. you have been warned
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10-06-2016, 04:15 PM #13
Every ISO knows when you shotgun your file out they are going to every single one of those companies sales floors and they will backdoor you, this isn't something new. As an ISO what you should be doing is partnering up with a direct lender who offers value like syndication, and the ability to have a credit line through them and participate in deals once you built a track record with them. We have done this for some of our top ISOs who expressed interest in participating in deals they have cultivated. If you are tired of being backdoored, and want to build a relationship with a lender who brings value to the table reach out to me and we can get started.
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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10-07-2016, 11:37 AM #14
- Join Date
- Jan 2014
- Posts
- 1,380
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