Lenders that don't pull credit at all.
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  1. #1

    Lenders that don't pull credit at all.

    Which Funders don't pull credit, other then Elevate, and MCG?
    Last edited by RDav; 12-06-2016 at 10:49 AM.

  2. #2
    Senior Member Reputation points: 99426
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    The ones that are out of business
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  3. #3
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    Quote Originally Posted by MCNetwork View Post
    The ones that are out of business
    You beat me to it.
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  4. #4
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by soscap View Post
    You beat me to it.
    I would have, but I was too busy running credit on a client...

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    Quote Originally Posted by Funder Mark View Post
    I would have, but I was too busy running credit on a client...
    Touch้
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  6. #6
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by RDav View Post
    Which Lenders don't pull credit, other then Elevate, and MCG?
    I'm pretty sure that both of those companies buy receivables and aren't lenders.

  7. #7
    Quote Originally Posted by sean bash View Post
    I'm pretty sure that both of those companies buy receivables and aren't lenders.
    100% true, That's what I meant.

  8. #8
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    sell the guy on having a credit pull so he can obtain the funds he needs rather than letting him sell you on "I don't want my credit pulled" and scrambling to find out he is asking for something that doesn't exist.

  9. #9
    Quote Originally Posted by ridextreme View Post
    sell the guy on having a credit pull so he can obtain the funds he needs rather than letting him sell you on "I don't want my credit pulled" and scrambling to find out he is asking for something that doesn't exist.
    Unless he has an open bankruptcy, or really bad credit, then the best option would be with someone that doesn't pull credit.

  10. #10
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    I would be moving on to the next deal before I start pushing deals through that I know are unqualified.

  11. #11
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    Quote Originally Posted by RDav View Post
    Which Funders don't pull credit, other then Elevate, and MCG?
    do u mean like theres no inquries on the credit report or they dont even care about credit. For example, I'm pretty sure IOU does a soft pull, there minumum credit has to be I think like 625. Then you have companies I believe Empire doesnt look at the credit at all, someone told me before they don't even pull credit but not exactly sure.

  12. #12
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    Ondeck, CAN and Knight do soft pulls that dont show up on credit reports if that what you are worried about.

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    Quote Originally Posted by Jonathon View Post
    Ondeck, CAN and Knight do soft pulls that dont show up on credit reports if that what you are worried about.
    We see them on reports all the time....
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  14. #14
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    We're one of the few. We don't pull credit. Period.

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    Quote Originally Posted by soscap View Post
    We see them on reports all the time....
    Recently?

  16. #16
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    Quote Originally Posted by soscap View Post
    We see them on reports all the time....
    which funder do you see the most when pulling credit ?
    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

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    Quote Originally Posted by kpeng View Post
    We're one of the few. We don't pull credit. Period.
    do you do a background check ? what type of terms and rates do you offer ?
    i have 2 files for you . one has murder but served his time and one has a judgment from 2 lenders on his personal credit

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    Quote Originally Posted by Michael I View Post
    do you do a background check ? what type of terms and rates do you offer ?
    i have 2 files for you . one has murder but served his time and one has a judgment from 2 lenders on his personal credit
    We do a pretty comprehensive background check. Not sure either one of those files would be a good fit for us.

  19. #19
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    Quote Originally Posted by Michael I View Post
    do you do a background check ? what type of terms and rates do you offer ?
    i have 2 files for you . one has murder but served his time and one has a judgment from 2 lenders on his personal credit
    I would like to hear the Murder case....Was he 17 year old? was he abused as a child ? wrong side of track? how was his behavior in prison >? Church going ? his life once released ? kind of business ? how does he treat his current employees? etc...etc..

    I am kidding. but lets look at Don King he sat for murder (beat someone to death) did his time became a good role model in society was invited many times to white house and was financed and partnered with large wall street firms.
    Last edited by mcaguru; 12-06-2016 at 02:04 PM.
    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

  20. #20
    Wow this went from pulling credit to murderers FAST.

  21. #21
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Vfunding View Post
    Wow this went from pulling credit to murderers FAST.
    images-1.jpg
    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

  22. #22
    We don't pull credit, but we don't first positions. If the merchant has another advance out please send over! thanks

    Nathan@empirefunding.com

    Empire funding
    1022 Ave M Brooklyn NY 11230
    646 930 4338

  23. #23
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    Quote Originally Posted by EmpireRoth View Post
    We don't pull credit, but we don't first positions. If the merchant has another advance out please send over! thanks

    Nathan@empirefunding.com

    Empire funding
    1022 Ave M Brooklyn NY 11230
    646 930 4338
    lol

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    They probably figure if they got funded by BFS or OnDeck, they have decent enough credit for a 2nd position 1.45.

  25. #25
    Senior Member Reputation points: 118163 ridextreme's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    They probably figure if they got funded by BFS or OnDeck, they have decent enough credit for a 2nd position 1.45.
    that must be the dumbest thing I've ever heard in the industry - a funder who will not fund if it's a first position lmfao.

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