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09-03-2020, 02:03 PM #1
Lender Referral
Hey everyone, hope you're all doing well.
I haven't been on this board much lately -- obviously Covid has been a tumultuous time for us all.
Thankfully my shop has recovered and is doing pretty well.
I stumbled across a new lender that has rapidly become my largest source of revenue. As of today, I am their only broker.
They've asked me if I knew 2-3 ISO's that I could refer them that I know and trust.
I've reached out to a few, but it seems like all of their volumes are down in the dumps right now (understandable).
As a favor to them I'd like to see if anyone here would be interested in working with a new "A" paper funder that is killing it for me. They are my top funder by far, and I have nothing negative to say about them.
Let me know if anyone is interested in speaking with them.
-Zach
562-391-7099 (text only please)
zramirez@usacapitalco.comZachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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09-03-2020, 02:19 PM #2
Good to hear! What is their "A" paper look like? What types of terms to they issue?
Jonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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09-03-2020, 02:21 PM #3
6-12 months with multiple tiers of pricing, usually around 6 month 1.15.
They are giving me slightly better approvals than most of my other lenders on 60-70% of deals.
They fund quickly with minimal stips, and they play "Make a Deal" or get creative on a lot of deals for us. Custom prepay addendums, etc.
Weekly payments on nearly every approval as well.
They're honestly pretty awesome, and I'm glad they aren't taking on more ISO's or I'd lose a pretty big competitive advantage.
For transparency, I'd probably put them in more of an "A-" category, but they are beating out most of the big "A" paper shops for me right now.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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