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  • MCA-VET's Avatar
    Today, 01:17 AM
    Sean --TY! --Right on!
    31 replies | 1326 view(s) | |
  • TtheBroker's Avatar
    Yesterday, 07:55 PM
    TtheBroker replied to a thread Long Term Trucking in Deal Bin
    how much they doing a month?
    1 replies | 45 view(s) | |
  • area1funding's Avatar
    Yesterday, 07:17 PM
    Who goes 9-12 months for trucking? Larger file. 1st or 2nd position. $100k funded amount.
    1 replies | 45 view(s)
  • Cashonhand's Avatar
    Yesterday, 06:44 PM
    Any default lenders for merchants doing 50k+ Monthly deposits?
    0 replies | 110 view(s)
  • TtheBroker's Avatar
    Yesterday, 06:08 PM
    this aged really well
    2 replies | 1805 view(s) | |
  • BR-Nightmare's Avatar
    Yesterday, 05:58 PM
    I'm sure the NDA limitations may have expired here. C'mon, let's here it.
    24 replies | 1078 view(s) | |
  • Olderguy's Avatar
    Yesterday, 05:42 PM
    Olderguy replied to a thread OOOOOPs! in Everything else
    Too many scumbags to chase... As a side note, my former boss had me get 7 EIDL loans totalling $1.3M for a "major" MCA lender and his brothers.....they stiffed me for my fee....took me 4 months to get $2,500.
    7 replies | 87 view(s) | |
  • MCA-VET's Avatar
    24 replies | 1078 view(s) | |
  • MCA-VET's Avatar
    Yesterday, 04:52 PM
    can you send link to syndication fund ?
    1 replies | 150 view(s) | |
  • simonwein12's Avatar
    Yesterday, 04:31 PM
    and the original thread is easily the greatest thread of all time
    24 replies | 1078 view(s) | |
  • abfunders's Avatar
    Yesterday, 04:26 PM
    Definitely goes down in history as one of the most epic posts made on Daily Funder of all time.
    24 replies | 1078 view(s) | |
  • HighRisk Funder's Avatar
    Yesterday, 04:24 PM
    Fair enough. That's what get for talking shit lol
    47 replies | 1885 view(s) | |
  • DailyCloser's Avatar
    Yesterday, 04:17 PM
    https://dailyfunder.com/showthread.php/15086-Iso-Peak-solutions-llc the irony
    24 replies | 1078 view(s) | |
  • HighRisk Funder's Avatar
    Yesterday, 04:02 PM
    We're still funding all California-based businesses
    9 replies | 333 view(s) | |
  • Hedley Lamarr's Avatar
    Yesterday, 03:58 PM
    Hedley Lamarr replied to a thread OOOOOPs! in Everything else
    Don't need whistle blowers......just follow the money.
    7 replies | 87 view(s) | |
  • abfunders's Avatar
    Yesterday, 03:40 PM
    abfunders replied to a thread OOOOOPs! in Everything else
    #whistleblowers get paid well
    7 replies | 87 view(s) | |
  • Olderguy's Avatar
    Yesterday, 03:36 PM
    Olderguy replied to a thread OOOOOPs! in Everything else
    Hahahaha...my former boss bought 50% interest in a company - they were doing PPP's getting an illegal kickback from the CEO of the bank. That's why he wouldn't let me do them. Will be interesting to see how that plays out.
    7 replies | 87 view(s) | |
  • MCA-VET's Avatar
    Yesterday, 03:29 PM
    MCA-VET replied to a thread Supreme recvoery/everest in Deal Bin
    Let me sum up funding the defaults.... Would be like a major food distributor of non-perishable-foods getting into the Raw-Seafood space with no refrigeration.
    5 replies | 237 view(s) | |
  • Hedley Lamarr's Avatar
    Yesterday, 03:18 PM
    Hedley Lamarr replied to a thread OOOOOPs! in Everything else
    They are looking into EVERYONE that was involved with PPP......EVERYONE.....
    7 replies | 87 view(s) | |
  • Olderguy's Avatar
    Yesterday, 03:15 PM
    Olderguy replied to a thread OOOOOPs! in Everything else
    I've dealt with Cross River and Harvest...and the VP at Harvest told me his biggest issue is not getting any money for servicing these loans if they don't get forgiven. My experience with both of these companies has been straight up and I did a lot of PPP loans. Same goes for the forgiveness process.
    7 replies | 87 view(s) | |
  • abfunders's Avatar
    Yesterday, 03:10 PM
    abfunders replied to a thread OOOOOPs! in Everything else
    Honestly, while I didn't make money on the PPP cycle unlike a LOT of my colleagues, I've been kinda glad that I neither took this money nor brokered any of it.
    7 replies | 87 view(s) | |
  • NotALoan's Avatar
    Yesterday, 03:07 PM
    Why would I waste time chasing a merchant down to do manual login when I can clearly see the statements were manipulated or altered (either visually or via a third party program like Decision Logic or Plaid)? It doesn't matter if the merchant or ISO altered the documents. Quite frankly, you'll never get an honest answer from either of them; the ISO will blame it on the merchant, the merchant will blame it on the ISO. I just flag the merchant and move on to deals that can actually fund.
    4 replies | 524 view(s) | |
  • Hedley Lamarr's Avatar
    Yesterday, 03:04 PM
    Hedley Lamarr started a thread OOOOOPs! in Everything else
    “The House Select Subcommittee report details serious problems of fraud and self-dealing by lenders and by companies who were paid fees by lenders to help PPP funds reach small business owners. In response to new revelations detailed in the report of possible fraud facilitated by third-party companies, the Small Business Administration (SBA) is taking additional action,” reads a statement by the SBA. On Wednesday, the SBA released a statement in response to the findings in the House Select Subcommittee on the Coronavirus Crisis report on PPP fraud. The SBA plans to continue working with the Select Subcommittee to review the evidence within the report and continue taking corrective action to address fraud and weak controls that were “so prevalent at the onset of the PPP”. In response to the PPP fraud report, the SBA suspended Blueacorn and Womply from working with the SBA in any capacity. In addition, they will be investigating appropriate actions against the companies’ owners, management, and successor companies. Further, the SBA stated that they will launch full investigations of the lenders who were partnered with fintechs including Benworth, Capital Plus, Celtic Bank, Customers Bank, Cross River Bank, Fountainhead, Harvest, and Prestamos. This will also include any individuals and related entities that were named in the 130-page report. SBA states that they will work with the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the U.S. Department of the Treasury, the Federal Reserve Board, and the Office of the Comptroller of the Currency to ensure federal financial regulators are coordinating their response to any wrongdoings by lenders. “The SBA will continue to prioritize its response to findings of potential fraud in pandemic relief programs, efforts that have been positively recognized by the SBA Office of the Inspector General.”
    7 replies | 87 view(s)
  • MCA-VET's Avatar
    Yesterday, 02:59 PM
    How's your trucking performing ?
    1 replies | 149 view(s) | |
  • MCA-VET's Avatar
    Yesterday, 02:57 PM
    guys be professional ...we don't talk ever about ISO's and who sent deal that got declined ...CIA would have to juice me up for me to say a name of ISO or what deals they sent or what we declined. (maybe that's why the largest ISO's work with Me/Capybara Capital).
    24 replies | 1078 view(s) | |
  • BigAFunding's Avatar
    Yesterday, 01:56 PM
    Hey, Big A is looking for Isos 50k Min rev 100k for trucking commission after 3 cleared payments B-D paper Micheal Cohen Micheal@BigAadvance.com
    1 replies | 149 view(s)
  • DarylG's Avatar
    Yesterday, 01:54 PM
    Thanks for the replies. The client just got back to me and she liked the idea of an inventory loan. That being said, the interest rate would have to be around market or better. In a nutshell the inventory (bourbon which appreciates) is valued around $40M and she is looking for a $10M loan. Can anyone assist with this scenario?
    8 replies | 497 view(s) | |
  • Gene148's Avatar
    Yesterday, 01:46 PM
    I wanted to introduce myself, I am from Equita Advance. I wanted to see if we could develop a partnership with you. We have been in funding for the past 5 months now and are funding close to $3 million monthly. Our timeline is very quick with our offers in as little as 15 minutes and funding within 1-2 hours. We are aggressively expanding and want to double our monthly funding totals. We have tons of money to deploy. We primarily fund high-risk, C and D paper, but will look at all paper. The only industries that we won't fund are, law firms, and real estate brokerages. The industry we have restrictions on is trucking for which we require 200 k monthly revenue, and construction for which we require 200K monthly revenue. Our standard advance terms: Funds: 20k-1,000,000 Position: 2nd ON Time in Business: 1-year minimum Term: 10-160 days Points: 10 Eugene@equitaadvance.com
    0 replies | 63 view(s)
  • Gene148's Avatar
    Yesterday, 01:45 PM
    I wanted to introduce myself, I am from Equita Advance. I wanted to see if we could develop a partnership with you. We have been in funding for the past 5 month now and are funding close to $3 million monthly. Our timeline is very quick with our offers in as little as 15 minutes and funding within 1-2 hours. We are aggressively expanding and want to double our monthly funding totals. We have tons of money to deploy. We primarily fund high-risk, C and D paper, but will look at all paper. The only industries that we won't fund are, law firms, and real estate brokerages. The industry we have restrictions on is trucking for which we require 200 k monthly revenue, and construction for which we require 200K monthly revenue. Our standard advance: Funds: 20k-1,000,000 Position: 2nd ON Time in Business: 1-year minimum Term: 10-160 days Points: 10 Eugene@equitaadvance.com
    0 replies | 48 view(s)
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