1 00:00:00.275 --> 00:00:02.525 Welcome back to Broker Fair, 2025. 2 00:00:02.585 --> 00:00:05.525 I'm Johnny Fernandez, and we are here with Richard Kim. 3 00:00:05.535 --> 00:00:07.725 Again, we're talking to people throughout the day 4 00:00:07.835 --> 00:00:09.525 that are present here at Broker Fair. 5 00:00:09.705 --> 00:00:12.005 So Richard, for those that don't know you 6 00:00:12.265 --> 00:00:13.285 and don't know your company, 7 00:00:13.285 --> 00:00:15.205 introduce yourself and the company that you're with. 8 00:00:15.865 --> 00:00:18.165 Yes, my name's Richard Kim, essential funding. 9 00:00:18.305 --> 00:00:20.805 I'm the COO at this uh, company. 10 00:00:21.375 --> 00:00:23.045 We're a merchant cash advance provider 11 00:00:23.225 --> 00:00:25.725 and, uh, we're looking to do more business with ISOs 12 00:00:25.725 --> 00:00:27.005 and build strong relationships. 13 00:00:27.465 --> 00:00:28.645 So what is your company doing 14 00:00:28.645 --> 00:00:30.245 and who are you looking to work with? 15 00:00:30.865 --> 00:00:32.485 Uh, we're looking to work with, uh, 16 00:00:32.765 --> 00:00:35.445 veterans in the industry in merchant cash advance mainly. 17 00:00:35.865 --> 00:00:39.085 Uh, of course a lot of brokers nowadays, they do a vertical 18 00:00:39.085 --> 00:00:41.245 where they do SBAs equipment financing 19 00:00:41.265 --> 00:00:44.245 and MCA, uh, we want to be able to provide 20 00:00:44.765 --> 00:00:47.045 a merchant cash advance home for businesses 21 00:00:47.045 --> 00:00:48.525 that might need that assistance. 22 00:00:49.105 --> 00:00:52.325 So what makes you different than others in this industry? 23 00:00:52.915 --> 00:00:55.125 Well, starting off, we have more than 20 years 24 00:00:55.125 --> 00:00:58.725 of experience in the merchant cash advance industry in our, 25 00:00:58.745 --> 00:01:00.245 uh, executive positions. 26 00:01:00.785 --> 00:01:03.085 And, um, we also provide a level of speed 27 00:01:03.085 --> 00:01:06.965 and attention to our files that cannot be matched. 28 00:01:07.025 --> 00:01:09.525 And, uh, we mainly focus on getting a, 29 00:01:09.685 --> 00:01:12.525 a full underwrite upfront when we get an approval in. 30 00:01:13.135 --> 00:01:17.685 Great. And then for 2025, what do you expect this year 31 00:01:18.145 --> 00:01:19.445 to look like for your business? 32 00:01:20.235 --> 00:01:22.605 Well, I think this year's a very critical year for us. 33 00:01:22.785 --> 00:01:26.485 Uh, we came from a year where we were growing a lot. 34 00:01:27.075 --> 00:01:29.445 It's, uh, a full year now that I've been in this company 35 00:01:29.505 --> 00:01:32.965 and we've been growing double, if not triple, the amount of, 36 00:01:33.065 --> 00:01:35.005 uh, monthly revenue that we've been generating. 37 00:01:35.005 --> 00:01:36.445 And we're looking to continue that. 38 00:01:36.985 --> 00:01:38.765 Uh, we're looking to expand and, 39 00:01:38.785 --> 00:01:41.725 and provide more technology on our offers 40 00:01:41.905 --> 00:01:44.485 and also, uh, our processing to speed up the process. 41 00:01:45.585 --> 00:01:47.125 So for those that wanna get in contact 42 00:01:47.275 --> 00:01:49.045 with you, how could they do that? 43 00:01:49.145 --> 00:01:50.525 And, you know, do you have an email? 44 00:01:50.525 --> 00:01:52.285 Do you have a phone number? Kind of walk us through that. 45 00:01:52.985 --> 00:01:57.005 Yes. Uh, you could contact me via email, uh, phone number. 46 00:01:57.505 --> 00:01:59.485 You could, you could see me on my website, 47 00:01:59.625 --> 00:02:01.205 my Instagram, LinkedIn. 48 00:02:01.205 --> 00:02:02.245 You could find me everywhere. 49 00:02:02.345 --> 00:02:04.405 Uh, we were an all social media platform. 50 00:02:04.405 --> 00:02:07.365 It's very easy to find me if you, uh, search Richard Kim 51 00:02:07.365 --> 00:02:08.765 as Central Funding Group Inc. 52 00:02:09.435 --> 00:02:11.405 Awesome. Well, Richard, thank you for your time. 53 00:02:11.495 --> 00:02:13.245 Appreciate it. Again, we're just talking 54 00:02:13.265 --> 00:02:16.405 to Richard Kim here from Essential Funding Group, 55 00:02:16.405 --> 00:02:18.205 and again, we're gonna be talking throughout different 56 00:02:18.205 --> 00:02:21.405 people throughout the day here at Broker Fair, 2025. 57 00:02:21.705 --> 00:02:22.405 So stay tuned.