An origination channel you pay only when it funds.
Capital Sources originates merchant, dealer and practice volume for lenders in home improvement, elective medical, travel and leisure, and in-home and elective consumer sales. An independent channel, not a desk you have to build and staff. Compensation is success-based and set by agreement with you. If you are an originator looking for a credit facility or a portfolio buyer instead, that is the second door below.
Your program has room in it. Your sales team has a territory it cannot cover, and the budget to hire is not coming.
Volume you want, in a vertical you already fund, is walking into someone else's program because nobody from yours was in the room.
Every merchant file that arrives half-built costs an underwriter an afternoon.
Delivery timing missing, complaint record unchecked, volume pattern a guess. The file is not declined; it is parked, and the merchant goes elsewhere while it sits.
You want volume in a vertical you already know, from merchants who were screened before they reached you, not after.
The screening is the work. Whoever does it first decides what reaches your desk.
Merchants in your verticals, screened before you see them, paid for only when they fund.
We prospect, qualify and package merchants, dealers and practices in the verticals where we have history, and introduce them to the lender whose program they fit. You see screened files, not a lead list. Each file is built around what your underwriter asks first: what the merchant sells, average ticket and range, states, delivery timing relative to signing, public complaint record, volume pattern, margin where the merchant will share it, and how financing is presented at the point of sale. The merchant has already been walked through what a lender in this space will ask for and why, so your first conversation is a real one. What they hear about your program is what you have cleared us to say.
Four verticals we work actively. Others by conversation.
If your program is adjacent to one of these, ask. The list is where we are prospecting now, not the limit of what we know.
Originators: warehouse lines, pledged-asset facilities, portfolio buyers and forward flow.
If you are the one holding the paper, the other side of our work is placing credit facilities and portfolio transactions for originators: warehouse and pledged-asset lines, bulk portfolio sales, forward flow arrangements, and introductions to servicers and custodians. The same rule applies: we introduce, you and the provider negotiate, and we are compensated by the provider that closes.
Leadership that has sat in your chair.
Capital Sources was established in 2014 and is owner-led. Its leadership's career spans more than four decades in consumer and specialty finance: running a lending branch, leading a national indirect installment lender that funded dealer and practitioner programs, founding an origination platform that served dealers and medical practices nationwide, and serving as a senior executive of a multi-state operator carrying a large book of in-house receivables. We know what gets a merchant program declined before anyone reads the financials, because we have declined them. That is what we screen for before a file reaches you.
Four steps. Your paper, your agreement, your merchant.
The conversation
Your credit box: verticals, states, ticket and term range, time in business, what a good merchant looks like to you, and what does not fit. Thirty minutes is usually enough.
Your agreement
Your standard referral or broker agreement, or ours if you prefer. Compensation is success-based and set in that agreement. Nothing is published, and nothing is quoted to merchants.
We prospect and screen
We go to work in the verticals you named. You see packaged files, each with the merchant prepared for a lender's questions and told nothing about your program that you have not cleared. You decide which to pursue.
You underwrite and fund
You underwrite, decide, document and fund on your paper. We stay available through launch. Once the program is live it runs between you and the merchant.
What we will not do.
- Hold ourselves out as the lender, or let a merchant believe we are.
- Promise a merchant an approval, a rate, a term or a timeline on your behalf.
- Quote your pricing, or describe your program to a merchant beyond what you have cleared.
- Send you a file we have not screened ourselves.
- Take a fee from the merchant.
- Publish compensation terms.
How we are paid. The lender compensates us, on a success basis, under the lender's agreement with us. We take no fee from the merchant. Terms are set by agreement and are not published.
Tell us what you want to fund.
Verticals, states, ticket and term range, and what a good merchant looks like to you. Inquiries are read by the firm's leadership, not a sales desk, and you get a plain answer on whether your program is one we can originate for, and what we would need from you to start.