[CreditGuy]

I'm a direct lender.

[Hedley Lamarr]

How about the inexperienced sales folk at all these new wannabe Yellowstone "Direct lenders"..Everyday I get hit up by a new C-E paper lender, the last couple callers sounded like they were calling from Pakistan, they have trouble pronouncing "R", dead give aways.

I get about 3 or 4 calls a week from brokers or cash advance lenders and it goes something like this....
Phone rings...usually Long Island or Miami number.
Me: Hello-Kevin
Cold Caller: Hi this is so and so from firm I have never heard from. We spoke a couple of months ago about getting you some working capital. Do you still need capital?
Me: Um....you do realize you cold called a lender right?
Cold Caller: Usually hangs up.....

[Michael I]

I get about 3 or 4 calls a week from brokers or cash advance lenders and it goes something like this....
Phone rings...usually Long Island or Miami number.
Me: Hello-Kevin
Cold Caller: Hi this is so and so from firm I have never heard from. We spoke a couple of months ago about getting you some working capital. Do you still need capital?
Me: Um....you do realize you cold called a lender right?
Cold Caller: Usually hangs up.....

i got a press 1 from a lender i do business with

[anonymous]

If I tell ISO B that funder tried backdooring them I think the funder would loose a decent client-ISO B and it would be traced back to the rep who is highly involved in the firm not just some sales rep. I'm not a fan of whistle blowing but I hate the backdooring that goes on in this industry.

http://www.wikihow.com/Know-the-Diff...Lose-and-Loose

[FUNd]

I get about 3 or 4 calls a week from brokers or cash advance lenders and it goes something like this....
Phone rings...usually Long Island or Miami number.
Me: Hello-Kevin
Cold Caller: Hi this is so and so from firm I have never heard from. We spoke a couple of months ago about getting you some working capital. Do you still need capital?
Me: Um....you do realize you cold called a lender right?
Cold Caller: Usually hangs up.....

If they're going to have a team cold call at least sort the data by SIC, jeez.

[Karen37a]

I am not going to read this whole long post.

When you are new in this industry you should not be setting up your own company and going direct to the Lenders..you are too green in the industry, you will not make it and go bankrupt.

When you sign up with ONE reputable ISO, make sure that they are not just a guy like you trying to get paid a piece of the commission. Make sure that the ISO is signed on DIRECT to the Lenders or Funders.

So you want to sign on with an ISO that has Direct Funders and experience in this industry or you are just sending your deal to a guy like you who cant find his own clients and is acting bigger than he is.

Then you have 5 fingers in the pie and the Funder cant tell what happened and they shouldn't and cant trace it.

So in a nutshell. You send your deal to a reputable ISO who has direct Funders..not a broker who sends it to a broker who sends it to an ISO who is connected to the Funder.

[phantompip]

I can fund your deal because I have over 9 years of experience. POINT BLANK.

[HDF]

I can fund your deal because I have over 9 years of experience. POINT BLANK.

Do you do mortgages?

[Karen37a]

The opposite to the direct lender stuff is

" why go to a direct broker who works for a direct lender who only has one mission in mind, make his employer happy, ..>>>>>close


** dont hate me...whomp there it is **

[Michael I]

I can fund your deal because I have over 9 years of experience. POINT BLANK.

YET YOU ARE ASKING FOR LENDERS TO REACH OUT TO YOU FOR YOU TO BROKER TO
http://dailyfunder.com/showthread.ph...3103#post53103

[arezalmighty]

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