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04-25-2017, 03:29 PM #1
Fundkite
Anyone hear of them or use them? My ISO says he got a $150k offer from them, paying off 2 positions for $100k, netting the client $50k.
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04-25-2017, 05:06 PM #2
- Join Date
- Apr 2017
- Posts
- 11
I worked for them before.
At your own risk is all I can say.
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04-25-2017, 08:40 PM #3
- Join Date
- Oct 2015
- Posts
- 30
I'm signed on with them, I've done a couple of deals. The only complaint I have is that the merchant needs to physically overnight the whole contract. Other than that they are good people.
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04-26-2017, 10:36 AM #4
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04-25-2017, 09:10 PM #5
- Join Date
- Apr 2017
- Posts
- 10
they are brokers. if DBCFinancialJu-Tias worked there he can probably attest
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04-25-2017, 09:23 PM #6
- Join Date
- Oct 2015
- Posts
- 30
Everything I've funded with them was direct, their payments pull as Summit Partners. I've never had an issue with them brokering
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04-26-2017, 10:49 AM #7
- Join Date
- Mar 2016
- Posts
- 657
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04-26-2017, 01:25 PM #8
- Join Date
- Aug 2016
- Posts
- 831
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04-26-2017, 01:59 PM #9
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04-26-2017, 11:16 AM #10
- Join Date
- Oct 2015
- Posts
- 30
In my case the merchant missed an initial and I overlooked it before he sent it out, instead of him emailing me a copy of him filling in the missing initial it prolonged the deal another day. But I guess your right, that was my fault.
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04-26-2017, 11:24 AM #11
Hello Forum,
Yes we are a Direct Funder.
A bit more about us, our terms range from 3-12 months with rates starting at 1.15. We do 1st, 2nd, 3rd, an 4th positions. We also do multi position consolidations. Comm up to 15%. And full comm on renewals.
We have funded as high as 1mm per deal.
What makes us unique and why over 500 ISO's reps work with us, is our ability to to price deals that work. We are not Robots, and work close with our ISO's and listen to the feedback from the merchant to fund more deals.
Please contact us direct and see the difference.
ISO hotline: 929-999-2700
ISO Boarding: https://fundkite.com/iso-boarding
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04-26-2017, 12:31 PM #12
Reach out any time...most of you have my direct cell, lets get you boarded.
Regards,Joe EsparzaFUNDKITE"FinTech High-Risk Funding Table"joseph.e@fundkite.com | 929.999.2700x1008
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04-26-2017, 01:21 PM #13
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04-26-2017, 05:38 PM #14
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04-26-2017, 03:58 PM #15
Fundkite
just fyi, in case some of you don't know... SFS offeres a white label program for isos - the contracts and ACH payments say "Joe funding company " etc... so vet your "lenders" accordingly because with a pen stroke and 24 hour approval your basically the lender with SFS. so ask fundkite for a contract and read the fine print.if your questioning if they are A real lender.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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04-26-2017, 04:03 PM #16
- Join Date
- Jun 2015
- Posts
- 3,326
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04-26-2017, 04:14 PM #17
Calling me out to the yard already?...I just got here boys.. PM me.
Joe EsparzaFUNDKITE"FinTech High-Risk Funding Table"joseph.e@fundkite.com | 929.999.2700x1008
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04-26-2017, 04:16 PM #18
- Join Date
- Jan 2014
- Posts
- 1,380
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04-26-2017, 04:30 PM #19
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
There are many white label programs for ISOs. PSCNY's model is about turning ISO's into direct funders using their syndicate platform. Does it really matter anymore whether a funder is "a real funder" (whatever that means) or a white label funder? It's all just chest puffery. Whether you're a one man funder or 1000 man funder, it doesn't matter to the merchant as long as they receive their funds and they have a person to speak to in case there are issues.
Last edited by MCNetwork; 04-26-2017 at 04:42 PM.
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04-26-2017, 06:28 PM #20
Last edited by FundKite; 05-03-2017 at 01:58 PM.
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04-26-2017, 10:15 PM #21
I've been working closely over the last few days with Joe. He's the man, very responsive and fighting to make sure the deal gets done.
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04-27-2017, 09:28 AM #22
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04-26-2017, 05:03 PM #23
- Join Date
- Dec 2013
- Posts
- 4,713
guys hold off I'm out of popcorn!!
Last edited by mcaguru; 04-26-2017 at 05:16 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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10-13-2017, 05:34 PM #24
..
Last edited by Jstarr; 10-13-2017 at 05:39 PM.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties