How Syndication Has Made Millions for PartnersApril 3, 2015 | By: Sean Murray
“How Syndication Has Made Millions for Partners” is a subtitle I borrowed from Strategic Funding Source’s print periodical, The Business Strategist. In the article penned by Ben Johnston, the company’s Chief Strategy Officer, the story how of syndication made its way into the merchant cash advance industry is explained in detail.
Of notable mention is that Strategic has had over 200 syndicate partners co-invest over $260 million of their own money into funded deals. That’s more than a quarter billion dollars from syndicates.
Their platform, which was the first one to operate on scalable level, provides same day payments to syndicates and access to detailed reports on a daily basis.
“Peer-to-peer lending and crowdfunding have become hot topics in the financial industry,” the article concludes. “But Strategic Funding Source has been crowdfunding with its own peers for years.”Last modified: April 3, 2015
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.