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NewProducts
Company: Super G Funding LLC Fast approvals, competitive rates
Product: Residual-based loans
Website: www.supergfunding.com Unlike traditional financial institutions, which can take
Contact: info@supergfunding.com up to six months to approve loans, Super G can arrange
funding at competitive rates in three to five business
Residual-based days to ISOs processing a minimum of $5,000 in monthly
loans, financing residual income. Qualifying ISOs can receive up to five
solutions for ISOs times their monthly residual. Loan amounts are negotiable
but typically range from $25,000 to $1 million, the company
S uper G Funding, based in Newport Beach, Calif., stated.
is a national provider of alternative finance solu-
tions. Founded in 2008 by seasoned entrepreneur ISOs and MLSs affiliated with an approved processor can
and former ISO owner Darrin Ginsberg, the com- obtain financing from Super G by temporarily assigning
pany assists business owners across multiple industries their residuals until the loan is repaid. Repayment terms
through all stages of growth. Loan products range from include 12, 24, 36 and 48 months; fixed monthly payments
$100,000 to $5 million. are deducted from residuals and can be tracked online and
in monthly reports.
Multiple benefits, use cases
Funds received from Super G loans are generally not
taxable, but borrowers can deduct loan interest as a
qualified business expense. ISOs have used Super G loans
to add value to their portfolios, acquire new portfolios, and
improve their revenue streams, Ginsberg noted.
An active lender in the merchant services space, Super Following are several examples Super G provided of how
G provides tailored financing to ISOs, merchant service ISOs can leverage its financing solutions:
providers and acquirers. Its customized lending solutions
enable borrowers to leverage recurring revenue streams • Buy back residuals from sub-ISOs and agents to
while holding on to their hard-earned merchant portfolios, increase your monthly residual, effectively making
the company noted. more money without doing additional work.
"There are numerous reasons why ISOs need money," • Invest in a new building or upgrade existing real
Ginsberg said. "Whether they want to acquire a portfolio, estate or technology infrastructure.
invest in equipment or buy out a partner, we can help them
finance, using their own portfolios as collateral with hardly • Acquire a new merchant portfolio, ISO or
any money down." distribution channel.
Timely strategic resource • Place a high-volume equipment order to improve
margins by obtaining a low per-unit price.
Ginsberg founded Super G during a particularly challenging
time for the payments industry. Many ISOs and merchant • Invest in human resources by hiring salespeople,
level salespeople (MLSs) were selling portfolios at a loss staff and contract labor.
due to widespread attrition and economic hardships. Super
G Funding's alternative financing was well received by the • Launch an advertising or marketing campaign.
ISO community, because it enabled ISOs to borrow against
existing portfolios without being forced to sell short on • Buy out an inactive or retired partner or investor.
their portfolio income, Ginsberg said.
Super G works closely with ISOs and acquirers, from initial
The company's initial success fueled its growth and funding through execution, on a range of customized
diversification into additional key vertical industries. finance solutions. "ISOs can use the money for whatever
It funded more than 400 ISOs across the United States purpose they want," Ginsberg said. "After years of
between 2008 and 2015 and formed strategic partnerships organically building several ISOs and both purchasing
with Harbortouch Payments LLC, Cynergy Data LLC and and selling ISOs and portfolios, I wanted to tailor solutions
other major ISOs. Super G Funding alliance partners have for ISOs that enabled them to continue to own their book
subsequently rolled out finance programs to their sub- of business and yet give them some liquidity or growth
ISOs, agents and channels, according to Ginsberg. capital for the business."
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