Results 1 to 21 of 21
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07-28-2021, 11:09 PM #1
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- Jul 2021
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- United States
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- 145
Credibly and Fresh Funding . . .
Credibly and Fresh Funding . . .
Good peeps?
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07-29-2021, 08:46 AM #2
- Join Date
- Nov 2013
- Posts
- 597
Credibly gives decent offers and funds fast. Online portal so you can track deals which shows a funder with tech investment, separates the boys from the men. Haven't had issues with my renewals either with them, they communicate well and help if needed / requested.
Fresh Funding, never heard of them.....
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07-29-2021, 08:52 AM #3
- Join Date
- Aug 2020
- Posts
- 138
Hadn't heard of Fresh Funding either. How are they linked?
Last edited by mca2150; 07-29-2021 at 08:54 AM.
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07-29-2021, 09:00 AM #4
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- Dec 2016
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- 379
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07-29-2021, 09:10 AM #5
- Join Date
- Jul 2017
- Posts
- 128
Credibly is a very solid Funder, they have been around quite a while and have good leadership, systems, financing and technology. Fresh is a very small outfit, low-profile, the guys I talk to there are Jason Ettinger and Ben Hirsch. They are in New York and recently added Edward Puerto as director of ISO relations.
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07-29-2021, 09:27 AM #6
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- Aug 2020
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- 138
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07-29-2021, 09:41 AM #7
- Join Date
- Feb 2018
- Posts
- 1,349
Fresh has put out some solid offers on deals, especially 2nd positions. Longer durations and lower rates than some others in that segment. Credibly, they have been around awhile. Good terms for A paper.
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07-29-2021, 09:44 AM #8
- Join Date
- Feb 2017
- Posts
- 3,354
I know the guys at Fresh. They used to have a broker shop, and I knew people who worked there, but they completely closed the broker shop and are now an ISO-driven funder.
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07-29-2021, 10:02 AM #9
- Join Date
- Dec 2015
- Posts
- 597
Ben has been in the financial space for awhile and is very solid. They were very tech focused, meaning using tools to save time, increase marketing efficiency, and run a smooth operation overall.
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07-29-2021, 04:09 PM #10
- Join Date
- Jul 2021
- Location
- United States
- Posts
- 145
Thanks for the candid replies . . .
We are leaning hard towards both of them as our Funding Partners . . .
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07-29-2021, 04:14 PM #11
- Join Date
- Jun 2015
- Posts
- 3,313
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07-29-2021, 04:23 PM #12
- Join Date
- Jul 2021
- Location
- United States
- Posts
- 145
ROK wasn't a good fit for our current desires.
Was cool meeting Tony and Niko @ ROK. The bridge is still there if needed in the future.
Credibly has a slick platform and process. Fresh Funding fills a few niches.
We'll probably have several Funders so all of our eggs are not in one basket." The world has always gone forward when people have dared to have crazy ideas . . . "
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07-30-2021, 10:16 AM #13
- Join Date
- Feb 2018
- Posts
- 1,349
Good picks! As deals come in you can start to add addtl funder's based on what you need.
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08-02-2021, 10:40 PM #14
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- Jul 2021
- Location
- United States
- Posts
- 145
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08-03-2021, 07:22 AM #15
- Join Date
- Mar 2016
- Posts
- 186
Credibly used to be known as a funder with a large sales floor and many brokers did not feel comfortable sending files their way for that reason. I don't know what's happening now. I do know firsthand of a funder that was getting their declines. I'd only send them files that no one else would do but THEY excel at i.e. multiple negative days but you need an A-type offer. If you are new to the space cruisinman you"ll need some better guidance and understand what's really going on with who.
Last edited by mikem; 08-03-2021 at 07:30 AM.
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08-03-2021, 09:50 AM #16
- Join Date
- Feb 2018
- Posts
- 1,349
I think most first position funders have a sales floor and brokers out their direct marketing deals to other funder's they don't want to fund. That's nothing new
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08-03-2021, 10:12 AM #17
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- Jun 2015
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- 3,313
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08-03-2021, 10:19 AM #18
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- Feb 2018
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- 1,349
that's interesting. a lot of large shops use them and kapitus and ODC, now Enova, for their first position deals.
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08-03-2021, 10:27 AM #19
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- Jun 2015
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- 3,313
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08-03-2021, 10:48 AM #20
- Join Date
- Feb 2018
- Posts
- 1,349
BFS was always at the top of the list for doing these practices
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08-03-2021, 11:30 AM #21
- Join Date
- Jul 2021
- Location
- New York City
- Posts
- 47
IBEX will compete on any offer especially reverse consolidations.
Approvals within an hour.[SIZE=2][SIZE=1]Daniel Nathan
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