Results 26 to 38 of 38
-
12-06-2016, 11:41 AM #26
Reputation points: 16720
- Join Date
- Sep 2014
- Posts
- 430
Sure. When you create a contract it is subject to the laws and regulations of the jurisdiction in which it is originated. (This is different, but not totally separate from, than a contract venue clause, which states in which venue any subsequent legal proceedings (lawsuits, judgements, etc.) will occur.) So, if a lender makes a credit decision and issues a contract from NY, the terms of that contract are subject to NY law including things like usury caps and the like. A lender that makes their credit decisions in DE, for example, can generate a contract and set loan terms based on DE's laws, which are much more favorable in terms of interest rates and other terms versus NY. The lender "exports" DE law with their loan contract despite the borrower not being located in DE. A lender can't export law unless the credit decision/contract generation occurs in the state whose law they wish to export though. That is, you can't have all your UWs in NY but still export DE law.
Last edited by CreditGuy; 12-06-2016 at 01:51 PM.
"Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
-
12-06-2016, 11:44 AM #27
Reputation points: 40937
- Join Date
- Dec 2016
- Posts
- 379
I should have clarified. I'm looking for a job opportunity with direct lenders based in the NYC area. Figured DailyFunder would be the best place for some insight for places to start looking. Thanks to everyone who provided helpful responses!
-
12-06-2016, 11:46 AM #28
SFS is always looking for underwriters.
-
12-06-2016, 11:52 AM #29
Last edited by J.Celifarco; 12-06-2016 at 11:56 AM.
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
-
12-07-2016, 05:01 PM #30
We are an in-house Funder based in Brooklyn.
1st,2nd,3rd positions for B and C papers
We are providing offers within 4 hours
7 Day exclusivity on all offers
Our minimum requirements:
-Minimum 6 months in the business
-15 K Minimum monthly deposits on the account
-500 FICO Score
-No open business Bankruptcy
http://premierecapitalfunding.com/partner-programs/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
-
12-21-2016, 05:54 PM #31
Reputation points: 10
- Join Date
- Dec 2016
- Posts
- 2
Platinum Rapid Funding Group. We are located in NY and are a direct lender.
You can contact me at:
adukes@platinumrfg.com
-
12-21-2016, 05:58 PM #32
-
07-01-2017, 03:54 AM #33
Reputation points: 11170
- Join Date
- May 2017
- Posts
- 350
I've never used platinum rapid funding group, are these guys direct funders?
-
07-01-2017, 05:19 AM #34
Reputation points: 11170
- Join Date
- May 2017
- Posts
- 350
Heard pretty shady stuff about em.
-
07-01-2017, 10:04 PM #35
Funders located in NYC?
Platinum is super straight up, great guys!
YSC is always looking for experienced underwriters. Email me directly isaac@yellowstonecap.com
-
07-05-2017, 12:37 PM #36
Reputation points: 350
- Join Date
- Jun 2017
- Posts
- 16
Look no further
ML Factors can get the job done.
Message me if you would like any assistance.
Jayson@mlfactors.com
Best RegardsLast edited by JaysonML; 07-06-2017 at 04:06 PM.
-
07-05-2017, 07:18 PM #37
Reputation points: 9546
- Join Date
- Jun 2016
- Posts
- 416
I can't disagree with Jayson here.
-
07-11-2017, 10:55 AM #38
Reputation points: 146
- Join Date
- Dec 2016
- Posts
- 5
I work with CapCall here at Midtown Manhattan. Let me know if you need anything. (718) 775-3869
Similar Threads
-
No UCC Funders?
By omegafund in forum Deal BinReplies: 10Last Post: 03-17-2016, 09:58 PM -
Funders Cloud 2015, ISO's LOVE Funders Cloud
By samschapiro in forum PromotionsReplies: 8Last Post: 03-04-2015, 11:33 AM -
D and F Funders
By bizloanbroker in forum Merchant Cash AdvanceReplies: 45Last Post: 02-27-2015, 08:06 AM -
I need funding for businesses located in Puerto Rico
By cowencapital in forum Deal BinReplies: 2Last Post: 07-30-2014, 01:55 PM -
I need funding for businesses located in Puerto Rico like now
By cowencapital in forum Merchant Cash AdvanceReplies: 3Last Post: 07-13-2014, 10:54 PM