Super G Capital is a business-to- business lender that specializes in providing growth and acquisition capital to ISO’s in the payment processing industry. ISO’s typically are asset light or constrained by traditional commercial banks.
Super G was founded in 2008 by Darrin Ginsberg after spending 20 years as an ISO himself. Super G has become a market leader in the residual lending space with loans ranging from $100,000 to $5 million and, to date, has issued over $200 million in total loans.
One of the latest trends that Super G is encountering is that ISO’s are using the funds they borrow from Super G to buy back residuals from their own existing agent base. An ISO can typically buy an agent’s residuals at a cheaper multiple than from a much larger entity. It’s a smart way to make more money every month without having to do any more new business.
The approval process takes from three to 10 business days. ISO’s can obtain capital from Super G with a minimum of $10,000 in monthly residuals.
Loans range from one to four years and are secured by an ISO’s portfolio residuals. After loans are paid off, ISO’s retain 100 percent of their residuals.