Results 26 to 50 of 56
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07-19-2018, 07:50 PM #26
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- Oct 2016
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- 4,318
I really do wonder how many brokers were involved (if any).
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07-19-2018, 07:53 PM #27
- Join Date
- Jun 2015
- Posts
- 3,318
How are these funders still in business
Isn't accel a bunch of guys from bizfi after they closed?
Isn't viceroy Richmond and ram all the same owners ?
These are beyond huge losses
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07-19-2018, 07:57 PM #28Karen37aGuest
I think i remember them( i killed it)... I was qualifying them on the phone( a turn over)...him going ah ha...ill just take the money... I said" do you care how much it costs"...nope ...do you plan on paying it back... then he said, slowly yessssssss...i said nooooo ...well ill just get money somewhere else, they call me all the time..his secretary or mistress giggled.
They were weirdos
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07-19-2018, 08:00 PM #29Karen37aGuest
Last edited by Karen37a; 07-19-2018 at 08:02 PM.
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07-19-2018, 08:04 PM #30
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- Oct 2016
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- 4,318
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07-19-2018, 08:05 PM #31Karen37aGuest
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07-19-2018, 08:07 PM #32
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- Oct 2016
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- 4,318
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07-19-2018, 08:08 PM #33Karen37aGuest
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07-19-2018, 08:19 PM #34
- Join Date
- Jun 2015
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- 3,318
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07-19-2018, 08:21 PM #35Karen37aGuest
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07-19-2018, 08:29 PM #36Karen37aGuest
How do you extend out so far on one person? Its almost unbelievable...like the guy was their cousin and they were taking the investor for money..or just sheer stupidity.
I can't fathom how this can happen. If i had a default like that, id want to leave the country. I seriously can't even take a small one..i go after the merchants lol Its like they played you..conned the con artists
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07-19-2018, 08:47 PM #37Karen37aGuest
If this person did this they have multiple businesses's ...heads up
https://www.corporationwiki.com/p/2mqynl/yermo-27-llc
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07-19-2018, 09:10 PM #38
- Join Date
- Jan 2014
- Posts
- 1,366
how do you advance over $5million dollars worth of mca's to one merchant like whhattt
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07-19-2018, 09:38 PM #39
- Join Date
- Oct 2016
- Posts
- 4,318
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07-19-2018, 11:56 PM #40
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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07-20-2018, 07:05 AM #41Karen37aGuest
Name Status Incorporated Key People Role
Yermo Truck Stop, Inc. Active 2015
1
President
Juvinx Inc. Active 2012
1
President
Namr 2617, LLC Active 2010
2
Member
N&R Vanowen LLC Active 2014
2
Member
Yermo 27, LLC Active 2015
1
Member
Namr Yermo 77, LLC Active 2017
1
Member
Namr Yermo 30, LLC Active 2018
1
Member ....new business
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07-20-2018, 07:27 AM #42Karen37aGuest
Some funders/brokers have only their interests at heart and will do anything for the sale
Karens Leadership training # 1000999944
(Concepts From Steven Covey 7 habits of highly effective people)
Personalities
Win: they wish to win at all costs, other people don’t matter. It’s an “every man for himself” mentality.
Win/Lose: the Win/Lose mentality overly competitive and requires the use of power, position, possessions or personality to get one’s way, ...like someone placing an impossible quota on you and watch you struggle, they love it. Also if they make 1 million and you make 2 million for the rest of their life they can never be happy, they think you took their million ( fights on the df for market share, which were ridiculous...banks have our market share)
Lose/Win people prefer to keep the peace by giving in or giving up ..they become resentful and implode or explode on you
Lose/Lose is the philosophy of highly dependent people, and results from the encounter of two Win/Lose individuals.
Win/Win these people think we all can win together...team work makes the dream work
Win/Win or No Deal
, if a mutually beneficial situation can’t be reached, then both parties “agree to disagree” and both walk away with no hard feelings.
** I don't do business with Funders or Reps who are "Win" or Win-Lose"
Only win-win ( so I am win-win or no deal)...and if I encounter a win...i turn into one and roll over them...its not my nature though
I can spot them out in 5 seconds flat...I am usually arguing with them, trying to stop them from trouncing someone ( I can see the ulterior motives as well..its horrible watching...bad movie, same ending)
I stay away from merchants who are "win" and dont want to work with the brokers who are "win" ( or watch them closely)because they are going to default on me or run all over the df talking about me while they are working for me smiling at me. Bye Felisha
Archie where are you? should I read the how to win friends again book?..for the 50th time, and the other 200 books I committed to memory lol
West Coast ..which one do you think you are?NO fightiing we love each other now.
( A few Funders are smart...they matched me with reps who are win-win as well...I don't know if they realized they were doing it )Last edited by Karen37a; 07-20-2018 at 08:06 AM.
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07-20-2018, 09:34 AM #43
- Join Date
- Jun 2018
- Posts
- 462
where do people get these big deals from teach me lol
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07-20-2018, 09:41 AM #44Karen37aGuest
Don't bother ...the merchants are a pain in the arse, they will bully you...massive stips then one of the foolish idiot funders will steal them from you and it defaults. If not you will lower your commission to 2 cents and you could have funded ten 50k deals in 24 hours ...full boat
Stay between 20k -150k ....100k no tax returns
Any merchant who allows himself to be backdoored...cut the throat of the lil ole broker they were dealing with...for a toaster oven...I can promise you they are going to cut your throat next...thats why the backdoor companies have HIGH defaults...they are training their merchants on how to f people ...they are just waiting to do it to you.
Defaulted merchants ..who then get another cash advance ...are going to stick the 2nd or 3rd cash advance( renewal) company again...they are parlaying it ..i can see right thru it. I bet the defaulted cash advance new advance wont renew with the same company..its passed to some sucker.
id rather stay out of the gutter and the penthouse and work the middle...which i why I walked off wall st in 2000 and when straight for the middle market ...loans, insurance and mutual funds
We are not just jumping around, like some claim ( stockbrokers turned into mortgage brokers and loan originators) ...we are chasing down target markets...
the bank and salaried brokers have Always been our target..we are smarter than some thought we were
Now ...lets get money back INTO Cash advance...and clients...away from the banks or even amex/ pp..or the K Ceo who keeps saying things about us....he also underestimates us...I am just ONE silly little girl right?.....the others stay slient ...glLast edited by Karen37a; 07-20-2018 at 10:15 AM.
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07-20-2018, 10:44 AM #45
- Join Date
- May 2014
- Location
- California
- Posts
- 340
"Any merchant who allows himself to be backdoored...cut the throat of the lil ole broker they were dealing with...for a toaster oven...I can promise you they are going to cut your throat next...thats why the backdoor companies have HIGH defaults...they are training their merchants on how to f people ...they are just waiting to do it to you."
So true......
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07-20-2018, 11:27 AM #46
- Join Date
- May 2018
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- 70
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07-20-2018, 11:34 AM #47
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
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- 428
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07-20-2018, 12:32 PM #48
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- Oct 2016
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- 4,318
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07-20-2018, 01:11 PM #49
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- Mar 2016
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- 657
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07-20-2018, 01:30 PM #50
- Join Date
- Dec 2013
- Posts
- 4,713
its a terrible story. it hurts me to see people loss money. I tell all my ISO who claim they are turning funders they need to remember what they remind people at the circus "DO NOT TRY THIS AT HOME" ... deals on paper look good and then comes the ISO begging you to fund and its probably my hardest part of the day when we KILL-A-DEAL ... I want to fund it all but i also want to remain in business.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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