Results 1 to 25 of 26
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07-08-2019, 02:32 PM #1
- Join Date
- Dec 2017
- Posts
- 277
Which funders can compete with Swift Capital/PayPal?
Thanks in advance,
Mike
msla*****er@sla*****er.com
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07-08-2019, 02:43 PM #2
- Join Date
- Feb 2016
- Posts
- 242
Nobody
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07-08-2019, 02:45 PM #3
- Join Date
- Feb 2017
- Posts
- 3,396
The only way to beat them is if the client has excellent credit (Michael, approach Bailey), or Bluevine if you can convince them that a LOC is better than a term product.
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07-08-2019, 02:51 PM #4
- Join Date
- Aug 2016
- Posts
- 275
whats the offer?
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07-08-2019, 02:52 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
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07-08-2019, 03:32 PM #6
- Join Date
- Dec 2017
- Posts
- 277
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07-08-2019, 03:37 PM #7
- Join Date
- Feb 2017
- Posts
- 3,396
Try to get a Bluevine offer and have them call and compete. It's your only hope. I lost two great Bluevine approvals to to PayPal in one week, since they wanted "as much as possible," since a LOC just doesn't offer higher approval amounts (just the nature of the beast).
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07-08-2019, 03:51 PM #8
- Join Date
- Aug 2016
- Posts
- 275
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07-08-2019, 04:22 PM #9
- Join Date
- Apr 2017
- Posts
- 96
FundingCircle
OnDeck
PayPal
Square
Wellen
Kapitus
AmEx
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07-08-2019, 04:23 PM #10
- Join Date
- Apr 2017
- Posts
- 96
And maybe CAN on a retention renewal?
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07-08-2019, 05:04 PM #11
- Join Date
- Aug 2017
- Posts
- 404
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07-08-2019, 07:12 PM #12
- Join Date
- Jan 2014
- Posts
- 1,370
no one can compete with paypal offer...no one. if you are competing straight up only way is longer term from someone else you may be able to get them that way paypal only goes out 12 months with weekly payments but on price no one can compete.
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07-09-2019, 02:03 PM #13
- Join Date
- Apr 2013
- Posts
- 245
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07-11-2019, 02:49 PM #14
- Join Date
- Oct 2017
- Posts
- 36
Do you have a contact number for Idea?
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07-12-2019, 10:58 AM #15Jerry 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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07-18-2019, 12:15 PM #16
- Join Date
- Aug 2016
- Posts
- 486
Paypal is a force to be reckoned with. I just recently had AMEX and PAYPAL fighting to win my business for an Advance/Loan. Paypal won, and I took a small 6 month paypal loan about a month ago because the money was so cheap! Just the other day I now get a call from the Paypal Merchant Credit Card Processing department, and they are now in the process of evaluating my CC processing to beat my pricing on that.
My current effective rate on my CC processing is 1.45... The Paypal CC Processing rep said that my rates are already so low that they may only be able to save me about $20 to $30 per month. But they may also be able to work out a deal lowering the fees that I pay when someone decides to pay me via "Paypal Checkout"... Just show me the money! If they can lower my fees by $20 or $30 and they can deposit my money in the same time frame, then so be it. In all fairness, I will not leave my current processor just out the blue, I will email them whatever lower offer that Paypal sends me and see if they want to send me a counter offer.
Thanks for the info on Idea Financial
https://www.ideafinancial.com/ - 1-855-900-7838
After I repay this Paypal advance I am in, I will definitely run any new offers I get from AMEX and Paypal through Idea Financial to see if they can win my business.
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07-18-2019, 12:18 PM #17
- Join Date
- Dec 2017
- Posts
- 397
can't beat them, stack them
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07-18-2019, 12:21 PM #18
- Join Date
- Dec 2018
- Posts
- 28
Try to stack behind them , best bet, good luck.
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07-18-2019, 12:28 PM #19
- Join Date
- Oct 2016
- Posts
- 4,318
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07-18-2019, 02:33 PM #20
- Join Date
- Nov 2016
- Posts
- 90
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07-18-2019, 02:40 PM #21
- Join Date
- Feb 2017
- Posts
- 3,396
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07-18-2019, 02:44 PM #22
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,472
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-18-2019, 03:49 PM #23
- Join Date
- Nov 2016
- Posts
- 90
Ok, I stand corrected.
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07-18-2019, 08:00 PM #24
- Join Date
- Aug 2016
- Posts
- 486
It's all good good, Chosen..
But I am curious as to why you would think I am not a merchant for the simple fact that I have 123 posts?
Abfunders & Seacoast, thanks for vouching for me!
I will vouch for Abfunders that the things he has mentioned about the cheapest access to funds is the Credit Card no payment no interest approvals! If you have a 750+ fico and ready to leverage your credit score, you can get money for 0% interest for as long as 21 months, maybe even longer. I did what he speaks about and it worked! But to maximize the approvals you do need to know what you are doing. So what I did on my own, perhaps if I would have let ABfunders do it for me, maybe I could have got twice as many approvals! Forever grateful for that tool I learned how to effectively use and understand.. Just wanted to publicly say thanks Abfunders.
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07-18-2019, 08:08 PM #25
- Join Date
- Oct 2016
- Posts
- 4,318
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