Stedman Waiters Review: Funding Business With the Prove It Method?

Stedman Waiters: Pros and Cons

Pros

• Stedman is actively handling deals with Waiters Capital
• His training programs cover multiple funding types and credit repair
• Stedman offers a Skool community for support and coaching calls

Cons

• Stedman does not disclose the pricing of his programs
• You do not get paid with the “Prove It” model if you do not close
• Stedman’s strategy is long-term and may be challenging at the start

What Is Stedman Waiters’ Prove It Method?

Stedman’s “Prove It” method only charges the clients when the loan is received. It removes all financial risk for the borrower. Most funding businesses require upfront payments ranging from $2,000 to over $10,000. Stedman’s team handles the entire process from analyzing the client’s financial situation and credit to negotiating with lenders. When the client receives the loan, Waiters Capital takes 2% to 6% of the funded amount.

The “Prove It” approach forces accountability that other funding businesses avoid. Since Stedman doesn’t get paid unless he delivers actual funding, he must maintain strong relationships with multiple lenders. This makes his work easier and quicker in the long-run. However, this relationship with lenders means that only qualified businesses can work with him.

Who Is Stedman Waiters?

Stedman Waiters is an entrepreneur from Las Vegas, Nevada. He is the founder of the business funding company Waiters Capital. Stedman has an interesting background in athletics, engineering, and entrepreneurship. Originally from Snellville, Georgia, he played D1 football as a linebacker at Georgia Southern University while majoring in electrical engineering. After a short professional football career, he worked as an electrical engineer for 4 years.

Stedman started a credit repair business while maintaining his engineering job. He took advice from a teammate and invested $25K in a funding business mentorship. He founded Waiters Capital in 2021 and grew it for 1.5 years before resigning from his engineering job. It has facilitated over $40 million in business funding and connected over 200 entrepreneurs and business owners with direct lenders. Waiters Capital clients include restaurants, auto dealerships, medical practices, and ecommerce businesses. Many of these clients were looking for starting capital, while others sought expansion funding.

What Are Stedman Waiters Claims About a Funding Business?

• Earn over $10,000 with only 2 monthly “high-ticket transactions” ranging from $50,000 to over $500,000 per deal.
• Earn commission rates between 2% and 6% of funded amounts.
• The business requires only minimal time investment.
• Scale income exponentially by increasing deal size rather than client volume.
• Stedman’s “Prove It” model uses exclusive lender relationships to gain competitive advantage.
• Create multiple revenue streams through funding commissions, credit repair services, and referral partnerships in a recession-proof business model
• Achieve six-figure annual income within 12-18 months.

The Realities of Funding Brokering

• The National Association of Commercial Finance Brokers reports that only 15% to 20% of brokers earn over $100K annually. The Commercial Finance Association found that 340% more brokers entered the market since 2019, making high-ticket deals extremely competitive. New brokers typically secure deals under one hundred thousand dollars, not the five hundred thousand dollar transactions Stedman suggests.
• Commercial Finance Online and the Business Finance Association reveal that average broker commissions range from 0.5% to 2% for standard deals. 4% to 6% commission rates are only available in high-risk loans requiring 3-5 years of niche expertise.
• The Small Business Finance Association and American Commercial Finance Association report that successful brokers work 50-60 hours weekly and require 12-18 months of full-time networking to establish sufficient lender relationships.
• Federal Reserve data shows commercial funding approval rates drop 45-60% during economic downturns. Commission-based financial services experienced 3x more income volatility. The National Federation of Independent Business found that 73% of small businesses prefer working directly with banks, while successful brokers must contact 75-100 prospects to generate one qualified lead.
• The Conference of State Bank Supervisors reports that 23 states now require specific licensing for commercial finance brokers, while the Consumer Financial Protection Bureau has increased scrutiny, requiring enhanced documentation and disclosure procedures that add administrative overhead.

Stedman’s claims represent the top 5% to 10% of funding brokers under ideal market conditions. It does not reflect the typical experience of newcomers entering a saturated market. A successful funding business involves extensive relationship building and 18 to 24 months of consistent effort before achieving meaningful income levels.

What Is Stedman Waiters’ Wealth Builders Academy?

Wealth Builders Academy is Stedman’s training platform that teaches people to start, grow, and scale a funding business. It offers recorded training modules, live coaching calls, and community support. Both the free and paid versions are available through Skool.

The Academy covers multiple funding types, such as 0% interest funding and personal loans, and business term loans and lines of credit. Stedman teaches both the technical aspects of funding and the business development skills needed to attract and retain clients. Students learn how to create automated marketing systems so they can focus on building relationships with direct lenders.

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