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  1. #1
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    yellowstone

    What happened to yellow stone ? They were known as the last stop on deals and if the decline it then burn the file. The last few files i had declined by them got approvals from 3 other lenders.
    My question is did yellowstone higher their criteria? or am i getting a bogus declines and the deals are getting backdoored ?

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Maybe your rep sucks. I reccomend Clay Mitchell there.

  3. #3
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    Quote Originally Posted by Funder Mark View Post
    Maybe your rep sucks. I reccomend Clay Mitchell there.
    so are you saying it is a rep thing for approvals or for backdoor ?

  4. #4
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    i have been experiencing similar

  5. #5
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    Quote Originally Posted by RickyR3712 View Post
    so are you saying it is a rep thing for approvals or for backdoor ?
    I am saying a good rep knows how to protect your dealflow.

  6. #6
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    CFG Merchant Solutions is in the same Sandbox as YSC - give us a shot.

    Thank you,

    Lior Monus
    CFG Merchant Solutions
    Lmonus@cfgms.com
    516-319-5826

  7. #7
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    Yes. Numerous turds buried there.

  8. #8
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    ok, so i got a bunch of private messages that i have the wrong rep at yellowstone and that i should sign up with them. No one is explaining this to me as why that is. I always assumed a rep is a rep if they respond quickly he is good.

  9. #9
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    I think they're implying your rep may be backdooring you. As they backdoor your rep.
    Last edited by WestCoastFunding; 12-07-2016 at 09:53 AM. Reason: Wrong

  10. #10
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    Quote Originally Posted by RickyR3712 View Post
    ok, so i got a bunch of private messages that i have the wrong rep at yellowstone and that i should sign up with them. No one is explaining this to me as why that is. I always assumed a rep is a rep if they respond quickly he is good.
    Which one is experienced? Who has good relationships with the underwriters? Yes, it does make a difference. Ask people on the board here who they reccomend. I gave you one name, do your homework.

  11. #11
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    Quote Originally Posted by RickyR3712 View Post
    ok, so i got a bunch of private messages that i have the wrong rep at yellowstone and that i should sign up with them. No one is explaining this to me as why that is. I always assumed a rep is a rep if they respond quickly he is good.
    Each rep has his own internal pipeline of funders they send your submissions to.

    So maybe your current rep isnt sending your files to the correct funders.

    Your best bet is Anthony Saracino - hes my rep, and friend. He knows the drill and doesn't play games.
    Asaracino@yellowstonecapllc.com send him an email, tell him i sent you.

  12. #12
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    Quote Originally Posted by MonthlyFunder View Post
    just lost all credibility.

    Clay Mitchell is a no good thief. Send him your deals !!! see what happens! then post about it.
    Like I said, do your homework.

  13. #13
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    Normally i wouldn't waste a second of my day to respond to something that was posted by someone that I've never met or worked with, but since you've questioned my integrity by calling me a thief, give me the name or names of the deals that I've stolen from you.

    As a matter of fact don't hide behind a screen name who are you?

    What company are you with?

    I have access to marketing in house, new or recycled leads. I have a few key ISO's that i work with and I'm loyal. There is not ISO ISO on the Funder that can show you where they gave me a Merchant and I funded the Merchant and didn't pay him.

    you won't find it, or him because it or him does't exist

  14. #14
    Quote Originally Posted by RickyR3712 View Post
    What happened to yellow stone ? They were known as the last stop on deals and if the decline it then burn the file. The last few files i had declined by them got approvals from 3 other lenders.
    My question is did yellowstone higher their criteria? or am i getting a bogus declines and the deals are getting backdoored ?
    It's all about the rep at YSC. Your relationship with them and their relationship with the right guys (funders) internally.

  15. #15
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    where are all the Yellow Stone reps to defend their company on this post?... interesting

  16. #16
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    yellowstone

    They are busy handling the 40 percent increase in submissions we have seen in the last 2 weeks

  17. #17
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    yellowstone

    So then the 40% stands, congrats!

  18. #18
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    yellowstone

    Yes it stands, we literally had to hire a few extra hands overnight just so we don't fall behind on submissions

  19. #19
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    Quote Originally Posted by isaacdstern View Post
    They are busy handling the 40 percent increase in submissions we have seen in the last 2 weeks
    lol touche ..got few deals over there myself so good to hear.

  20. #20
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    yellowstone

    What I said was submissions are up 40 percent, it has translated into more funding. Funding is not up 40 percent but once we see a full month or 2 at this new submission level hopefully it will be. I would absolutely be open to a conversation to discuss any past or present issues you have with YSC. My cell number is 917-743-8369....call anytime during the week 6am-9pm. Have a great weekend everyone!
    Last edited by isaacdstern; 12-12-2016 at 08:00 AM.

  21. #21
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    Quote Originally Posted by MonthlyFunder View Post
    dudes got 1 post and how he's reputable? na bro u a thief...
    You know, if you're going to make an accusation, you should actually back it up. Simply saying "u a thief" only proves that you haven't quite expanded your vocabulary to multi syllable words like most semi educated adults.

  22. #22
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    Thank you for the kind words LMONUS.

    Just to clarify what we typically look for here at Yellowstone is that merchants have consistent revenue, strong daily ending balances that can handle an advance, and good payment history on other advances. If your deals fit in that box then there should be no reason why we can't get you an approval. ISO's who are not currently set up with a rep over here at Yellowstone, please feel free to reach out to me directly.

    Thank you,

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecapllc.com

  23. #23
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    Quote Originally Posted by RickyR3712 View Post
    What happened to yellow stone ? They were known as the last stop on deals and if the decline it then burn the file. The last few files i had declined by them got approvals from 3 other lenders.
    My question is did yellowstone higher their criteria? or am i getting a bogus declines and the deals are getting backdoored ?
    Which other three lenders?

  24. #24
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    Always amusing to see someone that works at Yellowstone talk about respect and integrity.
    "Nobody can make you feel inferior without your consent." -Eleanor Roosevelt

  25. #25
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    yellowstone

    Of course I would, here is my cell number (again) 917-743-8369 I'm available 6am-10pm 6 days a week...I do shut the phone off for shabbos!! Lol

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