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  • Best Lending Partners

    As a ISO, what are the best Lenders to partner with?

    So far I'm looking at,
    -Strategic Funding Source
    -Yellowstone
    -Fora
    -Principis
    -Quarterspot
    -BFS
    -Kalmata
    -Lendini
    -Quickfix

    Any other's I should look at that are better then those on the list above?

    Thanks
    Last edited by TAR; 11-02-2015, 08:07 PM.

  • #2
    Originally posted by TAR View Post
    As a ISO, what are the best Lenders to partner with?

    So far I'm looking at,
    -Strategic Funding Source
    -Yellowstone
    -Fora
    -Principis
    -Quarterspot
    -BFS
    -Kalmata
    -Lendini
    -Quickfix

    Any other's I should look at that are better then those on the list above?

    Thanks
    Every lending scenario is unique and it's all about being able to accommodate your clients to the best of your ability, which is why you should add us to your list; Oracle Loans.

    *Unsecured Business Loans
    *Secured Business Loans
    *Interest-Only Business Loans
    *Startup Business Funding
    *Unsecured Business Credit Lines
    *Asset-Based Business Loans with no credit checks.
    *Commercial Real Estate Loans
    Last edited by pmoney; 02-27-2016, 01:56 PM.
    Paul Marzolla
    President & CEO
    __________________________
    Main: (888) 460-4518
    Email: paul@FundingPilot.com
    Connect with me on LinkedIn
    __________________________

    FundingPilot
    221 River St, 9th Fl
    Hoboken, NJ 07030
    www.FundingPilot.com

    Comment


    • #3
      Tar,

      We, Breakout Capital, can beat many of the funders you listed on rate and still can fund not perfectly clean files -- we have no minimum credit score criteria, no minimum account balances, and infrequent monthly deposits is not an issue -- we offer ACH financing (cash advance) and term loans. We also offer daily, weekly, and monthly payments (bulk are weekly). 3 to 12 month deals. We also offer early payoff options on every advance and loan -- not just no-prepayment penalty, but the ability to get out of the loan or advance (or refinance) by just repaying the remaining principal or funded amount. We can also finance or waive the origination fee so the merchant actually receives the requested amount. We are a first position funder only, but if there are other funder(s) we can consolidate advances/loans with no minimum requirement on the amount netted by the business. We are strategic-backed and all the advances and loans are funded directly by us and held on our books.

      Standard products:
      6 Months
      - As Low As 1.08x
      - Average 1.23x
      9 Months
      - As Low As 1.12x
      - Average 1.25x
      12 Months
      - As Low As 1.15x
      - Average 1.28x


      Our payout structure is 5% on both initial deal and renewals -- we understand that commission rate is below market, but our pricing is extremely competitive and a great option especially if pricing and payment flexibility is a pressure point. Despite our low price, we still can fund quickly with typical documentation -- most of our transactions are funded in 24 or 48 hours after receiving finalized application. Check us out at www.breakoutfinance.com and reach out if you are interested and I'll send you an ISO agreement.

      Carl R. Fairbank
      Chief Executive Officer
      Breakout Capital Finance, LLC
      6849 Old Dominion Drive, Suite 360, McLean, VA 22101
      O: 703 852 6008 I Toll Free: 888 318 3534
      carl@breakoutfinance.com I www.breakoutfinance.com
      Carl Fairbank
      Founder & Chief Executive Officer
      Breakout Capital (new headquarters)
      6862 Elm St, 3rd Floor, McLean, VA 22101
      O: 703 852 6010 I Toll Free: 888 318 3534

      cfairbank@breakoutfinance.com I www.breakoutfinance.com

      Comment


      • #4
        Best Lending Partners

        Hi Carl. Would you describe the terms ( no pun intended) of your term loan. Term, payment frequency and principal limits. Is interest stated or implied?
        I get several requests for term loans weekly.
        Bob Shaw
        rshaw@advancecredit.com
        734-929-3800

        Comment





































































































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