Weekly Payment Lender
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  1. #1
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    Weekly Payment Lender

    Who offers weekly payments?

    BFS denied client, Swift is a black hole and charges. Monthly would be great, LoanMe is blood money - too expensive.

    Anyone else offer weekly/monthly?

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    ondeck has weekly payments
    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

  3. #3
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    the list is to long .

  4. #4
    We have a great new monthly product here at Breakout Capital. Check out the link below and feel free to contact me anytime.

    http://dailyfunder.com/showthread.ph...eakout+monthly


    Dion Foxworth
    Sales Associate
    Breakout Capital Finance, LLC
    6849 Old Dominion Drive, Suite 360, McLean, VA 22101
    O: 703.462.9456 I M: 202.468.4554 I Toll Free: 888.318.3534
    dfoxworth@breakoutfinance.com | www.breakoutfinance.com

  5. #5
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    We do weekly and monthly (client choice). Early Payoff available at six months with no fees, penalties or interest.

    Best,

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

  6. #6
    Senior Member Reputation points: 3824
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    Weekly Payment Lender

    Strategic

  7. #7
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    Quote Originally Posted by anydealfunded View Post
    Strategic
    We do (daily, weekly and monthly) with funding in 24-48 hours. Criteria's to fund 620+ FICO, application, 12-month bank statements and collateral for amounts over $200,000.

    Let me know how we can assist.

    Sean Najieb

    LiftForward, Inc.
    180 Maiden Lane, 10th Floor
    New York, NY 10038

    Sean@liftforward.com

    917.477.6534 (O)

    347.495.8088 (C)

  8. #8
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    Credibly....and they can choose the day of the week it comes out which can be a incentive to some....
    Second place? Set of steak knives.

  9. #9
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    i can offer you a weekly payment if it is a first position. buy rates starting at 1.28 and going out to 6-9 months pending credit/cash flow. inbox if interested

    what is the sic code/monthly volume avg?
    Anthony Diamond
    Underwriter

  10. #10
    Member Reputation points: 10 premierecapitalfunding's Avatar
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    We do daily and weekly plans with funding within 24-48 hours depending on the file.
    Minimum requirements: 6 months in business, 15K monthly deposits, 500+ FICO, application.
    3-month bank statements and 4 months CC if available
    Up to 12 points. Pm me or shoot an email to iso@premierecapitalfunding.com if interested in a Lender with strong offers on 2nd and 3rd positions
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

  11. #11
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    Quote Originally Posted by Credibly1 View Post
    Credibly....and they can choose the day of the week it comes out which can be a incentive to some....
    does this have to be structured before advance starts? I have few clients with Credibly currently that have expressed interest to me if I can switch them to weekly payment

  12. #12
    Quote Originally Posted by helpinghand View Post
    Who offers weekly payments?

    BFS denied client, Swift is a black hole and charges. Monthly would be great, LoanMe is blood money - too expensive.

    Anyone else offer weekly/monthly?

    Superior Capital offers weekly payment as an option so long as it is fitting to their deposit schedule.
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/

  13. #13
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    CFG Merchant Solutions Offers Weekly payment programs to merchants who qualify.

  14. #14
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    Quote Originally Posted by Sachip24 View Post
    does this have to be structured before advance starts? I have few clients with Credibly currently that have expressed interest to me if I can switch them to weekly payment
    No. once the contract is singed, they can't just start changing the payment structure verbally on the fly. It's a legality issue.

  15. #15
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    Quote Originally Posted by ridextreme View Post
    No. once the contract is singed, they can't just start changing the payment structure verbally on the fly. It's a legality issue.

    I have a great Credibly rep, she was able to get the client into weekly payments without making it a big issue. Thank you for your response.

  16. #16
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    Quote Originally Posted by Sachip24 View Post
    I have a great Credibly rep, she was able to get the client into weekly payments without making it a big issue. Thank you for your response.
    So, after the contract was signed, and after the daily payments began, she was able to change it to a weekly payment without signing at least an addendum?

  17. #17
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Everyone is going to tell you they offer weekly payments to see the file then you'll get your nice 1.49 3.5 month offer.

    If the clients ledgers can sustain a weekly payment we will offer them, but if your client has a $750 average ledger manage expectations.
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  18. #18
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    Quote Originally Posted by ridextreme View Post
    So, after the contract was signed, and after the daily payments began, she was able to change it to a weekly payment without signing at least an addendum?
    I have had a few deals that Credibly switched to weekly payments after funding. Usually they only like to do it when refi'ing (if not initially offered), but yes they have to sign an addendum.

  19. #19
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    Quote Originally Posted by FundingCzar View Post
    I have had a few deals that Credibly switched to weekly payments after funding. Usually they only like to do it when refi'ing (if not initially offered), but yes they have to sign an addendum.
    exactly, of course they would need to refi it and have a new contract signed.

    sachip24 was asking if they can switch after funding, and then said his great rep was able to switch them without any issues. Obviously, you can't ACH an account without a written contract showing the amount of the ACH.

  20. #20
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    Quote Originally Posted by ridextreme View Post
    exactly, of course they would need to refi it and have a new contract signed.

    sachip24 was asking if they can switch after funding, and then said his great rep was able to switch them without any issues. Obviously, you can't ACH an account without a written contract showing the amount of the ACH.

    yes I said she was able to get it done without it being a big issue for merchant. i've funded her twice with Credibly already so they had no problem working to help merchant out. I never said she did it without merchant signing addendum or any other intricacies of the deal itself. I said it we did it without any issues.

  21. #21
    Member Reputation points: 10 premierecapitalfunding's Avatar
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    it all depends on daily average balances
    Premier Capital Funding
    Office Line: 1-877-563-4226
    Fax line: 1-877-340-9184
    E-mail: iso@premierecapitalfunding.com
    Web: http://premierecapitalfunding.com
    2715 Coney Island Ave, 3rd Fl, Brooklyn, NY 11235

    DIRECT FUNDER * 2nd and 3rd positions * HIGH COMMISSIONS

  22. #22
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    We are definitely known for our flexibility. Then again most lenders are when the puzzle fits....
    Second place? Set of steak knives.

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