[newtomcabiz]

I've heard they are now officially out of business. Which funders are offering the most similar terms on 2nd positions? Thank you

[ridextreme]

where have you heard this? I don't think this is accurate.

[Tigers98]

We just requested contracts on a deal 15 minutes ago...

[Michael I]

i got paid from them today. Where did you hear that

[HFS]

I've heard they are now officially out of business. Which funders are offering the most similar terms on 2nd positions? Thank you

come on papo. lol

[newtomcabiz]

I heard from my own firm and several friends at other firms

[mcaguru]

I have no idea about Knight, When Knight Declines a deal we may be a good option!

[NoBigDeal]

I've heard they are now officially out of business. Which funders are offering the most similar terms on 2nd positions? Thank you

Knight funded a deal as recent as yesterday
Not sure what happened between then and now

[drosc5]

Knight just informed me that the 4 deals I have pending & cleared with them will now take "days" to fund...

[FUNd]

Main phone number goes to a voicemail box, no option to speak with anyone.

[Zach]

Main phone number goes to a voicemail box, no option to speak with anyone.

We missed you FUNd

[MCABroker]

Main phone number goes to a voicemail box, no option to speak with anyone.

I know that seems suspicious but that almost their regular MO. It's usually impossible to get anyone on the line.

[tgabcmca]

Last I heard from some ISO's is things are very, very slow but funding.

[LJH365]

I stopped sending deals to Knight in early December when they stopped answering calls. I assumed they were out of business.

[Chambo]

I got renewal contracts from them today. Was able to correspond with them. They are open

[MX211]

I reached them by phone today.

[AdvanceFund]

I've heard they are now officially out of business. Which funders are offering the most similar terms on 2nd positions? Thank you

I am quicker than Knight and much more communicative.

[stat]

I am quicker than Knight and much more communicative.

Dave are you indeed a direct funder? this is what i see on your website:

"WHY ML Factors?

We have some of the most experienced small-business funders on our team."


please explain...

[funding pro]

Ehhh, it took you a month to reply to this thread. Bad look for someone claiming to be quicker and more communicative

[NoBigDeal]

Dave are you indeed a direct funder? this is what i see on your website:

"WHY ML Factors?

We have some of the most experienced small-business funders on our team."


please explain...

ML Factor is definitely a Funder

[FFunding]

Anyone received a sign of life from Knight in the last month? We've received nothing but generic decline emails for about a month now...seems odd. I know they sometimes get so backed up they cutoff all outside communication...so could just be more of the same?

[NoBigDeal]

Anyone received a sign of life from Knight in the last month? We've received nothing but generic decline emails for about a month now...seems odd. I know they sometimes get so backed up they cutoff all outside communication...so could just be more of the same?

You positive the files should've been approved and fit Knight's criteria? Maybe you were just sending a bunch of garbage for a month?

[FFunding]

You positive the files should've been approved and fit Knight's criteria? Maybe you were just sending a bunch of garbage for a month?

Been funding with Knight for a couple years so I think I know their box well. Keep getting generic decline emails though, "outside parameters" or something like that.

Anyone else fund a deal with them in the last 30-45 days?

[KINGCASH]

Been funding with Knight for a couple years so I think I know their box well. Keep getting generic decline emails though, "outside parameters" or something like that.

Anyone else fund a deal with them in the last 30-45 days?

Funded with them not too long ago. Was very smooth.
However, I must say, Lendini feels a little standoffish lately..
Maybe just sending them garbage that we don't realize, idk.

[johndough17]

ML Factor is definitely a Funder

Yes, but ML Factors are a bunch of crooks. Every deal I sub to them gets backdoored or resubmitted to YSC. Tread carefully. I'd only submit if you're 100% going to close with them. Then cross your fingers you make those points you agreed to with him.

I feel like every approval we have had from him, on 2nd-3rd positions, we're syndicated. His own approvals on 2nd-3rd's were ridiculously priced with high fees. They're only good if you're putting a merchant out of business with that final 5th-7th position. That's ML Factors' real sweet spot.