[KingCapBoom]

Has anyone ever worked with a company called Fundzio? They market themselves as a shop that consolidates MCA's with terms out to 36 month. Anyone ever sent a deal their way? What was the experience like?

[dpFund]

Have not heard of Fundzio but I consolidate MCAs (max funding $2MM), with terms up to 30 months.

Direct funder, monthly payments. You will see me around here. :-)

Feel free to reach out.

Best,

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

[TStein]

Someone posted a thread about them recently that appears to have been removed by the admin. If I remember most of the replies were about them being brokers.

[MCABroker]

I've never seen them on statements but have seen their PSF's

[Michael I]

I've never seen them on statements but have seen their PSF's

same here

[KingCapBoom]

good to know, I will be in touch very soon

[WestCoastFunding]

Someone posted a thread about them recently that appears to have been removed by the admin. If I remember most of the replies were about them being brokers.

Yep. Brokers who seem to have a track record of pissing off merchants by charging upfront fees and not delivering. Their BBB:

https://www.bbb.org/south-east-flori...and-complaints

[mcaguru]

Anyone can write anything bad on BBB such as competitor or x employee.

[Michael I]

Anyone can write anything bad on BBB such as competitor or x employee.

Marcus you know everyone. Are they brokers or funders?

[Montague]

Worked with them 2+ years ago, absolute nightmare took 30+ days to do a funding, rep wouldn't answer phone calls. I can't speak to today but just seeing that name on this thread triggered me

[WestCoastFunding]

Anyone can write anything bad on BBB such as competitor or x employee.

Sure. But I see 6 BBB complaints all pretty much saying the same thing: they ask for upfront fees and then don't deliver, leading to merchants demanding refunds. Each had a response by Fundzio acknowledging upfront fees.

What "funder" asks for upfront fees? Because they seemed to have portrayed themselves as such. Or maybe they're syndicating.

[AAlonzo]

Sure. But I see 6 BBB complaints all pretty much saying the same thing: they ask for upfront fees and then don't deliver, leading to merchants demanding refunds. Each had a response by Fundzio acknowledging upfront fees.

What "funder" asks for upfront fees? Because they seemed to have portrayed themselves as such. Or maybe they're syndicating.

You awoke the beast...Let me ask you WCF...you reply a lot -- with negative comments...tell us about you

[Sachip24]

well this just got interesting

[WestCoastFunding]

The general point I'm making is: the person that started this thread wanted info about this company. As has been pointed out on a previous thread, this company at times portrays itself as a funder but, instead, white labels and leaves the referral broker in a bad position.

I think brokers who are considering referring to them have a right to know that. Just like AAlonzo complains about other white label era portraying themselves as direct funders.

Why does everyone get so upset when us brokers want lenders/funders to verify they are just that: lenders/funders? And if we don't use this forum to verify, then where?

[drosc5]

I can sincerely attest, Fundzio is a complete waste of time and does not deliver.

[Sachip24]

The general point I'm making is: the person that started this thread wanted info about this company. As has been pointed out on a previous thread, this company at times portrays itself as a funder but, instead, white labels and leaves the referral broker in a bad position.

I think brokers who are considering referring to them have a right to know that. Just like AAlonzo complains about other white label era portraying themselves as direct funders.

Why does everyone get so upset when us brokers want lenders/funders to verify they are just that: lenders/funders? And if we don't use this forum to verify, then where?

i agree completely with you.

[KingCapBoom]

The general point I'm making is: the person that started this thread wanted info about this company. As has been pointed out on a previous thread, this company at times portrays itself as a funder but, instead, white labels and leaves the referral broker in a bad position.

I think brokers who are considering referring to them have a right to know that. Just like AAlonzo complains about other white label era portraying themselves as direct funders.

Why does everyone get so upset when us brokers want lenders/funders to verify they are just that: lenders/funders? And if we don't use this forum to verify, then where?

Well said sir. *stands and starts slow clap*

[mcaguru]

Marcus you know everyone. Are they brokers or funders?

the largest funders in the country work with us vs others because of our Strict Code of Silence. (with that said i am not saying funzio or what ever name they are talking about works with us).

[AAlonzo]

Fundzio will definitely try to backdoor you. Deal with direct lenders you trust. Period.

[ThomasF]

Fundzio is a broker firm that back doors 90% of their deals. Whenever I put my number on an application I am expecting a call from them

[mikem]

Just spoke to merchant...he paid fudzio an upfront fee of $2,495 with a promise to consolidate and got jack ****. Merchant doesn't have time to deal with their crap but promised me that he has Italian blood and will get the last laugh.

[John Galt]

They are advertising in Craigs for salespeople.

[CraaaCraaa Radio]

super broker out of ft lau
rarely can provide a fresh start program
charges origination fees upfront and pays iso a percentage of fee
short staffed and long wait time for responses