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  • phunder's Avatar
    06-19-2024, 05:47 PM
    I've heard of shops paying anywhere from 20% to 60% commissions to reps/closers on deals funded. What, in your professional/experiential opinion, is a "fair" commission split for experienced, high-performing reps?
    12 replies | 980 view(s)
  • aaron4235's Avatar
    Yesterday, 10:00 AM
    Business is super well qualified, had some good offers on the file in the past. Looking to get him some more money at a higher $ amount. Not sure who the best lender to send this out to is. 700 Fico 900k in rev.
    20 replies | 415 view(s)
  • helpinghand's Avatar
    06-19-2024, 08:46 AM
    It's been years since we got back doored but yesterday we did. Two scumbags (below) texted my client with a photocopy of MY APP, offering the world ($995K, 1-year interest free, 8-12% APY). When they only qualified for $100K or so. We lost all trust with the client and had to go into damage control. Such a shame. While I won't throw the lender under the bus, I have a pretty good idea who leaked it. I'll spare the lender because I don't know for certain it was them, and it could have been a rogue employee. Anyway, here are the scumbags who reached out to my client. JAY WESTON - CENTURIAN CAPITAL - 1-848-466-5152 (roto-dialer) "SCOTT" - TOP TIER CAPITAL - 1-347-525-1262 (iPhone) LOSERS
    5 replies | 1948 view(s)
  • ops@moskycapital.com's Avatar
    06-19-2024, 05:44 AM
    Can you share with me your experience with Centrex and their pricing as well ?
    3 replies | 1277 view(s)
  • Robinhood21's Avatar
    06-21-2024, 02:58 PM
    Hello all what are your thoughts on family funding group? Experience with them?
    7 replies | 486 view(s)
  • ops@moskycapital.com's Avatar
    06-21-2024, 05:52 AM
    Lendora is a Thief Shop. Careful, they are NOT a direct funder, but they are a broker After we funded a deal with them, we noticed that they are a broker not a funder and they split our commission to a half and disclosed that they are a broker. its been over a month now and they don't send our commission nor responded to our emails, Communications were horrible, no respect, no professional courtesy , that 's the worse shop I've ever dealt with From our experiences, Pls. Don't send deals to them:mad:
    5 replies | 610 view(s)
  • phunder's Avatar
    Yesterday, 04:01 PM
    Hey guys, Have a merchant with multiple related businesses. Has 4 positions across all of them. His cashflow is taking a beating, and he's extremely interested in pursuing a reverse. The problem is, each position is under a different entity. Would any reverse lenders touch this?
    8 replies | 253 view(s)
  • Mikefunds's Avatar
    Yesterday, 02:10 PM
    Need someone to take over a reverse for a merchant in California. Withhold is right around 30% range with new funding he is looking to do. Does anyone do same week, or immediate take over? The only eligible funders I've talked to (Cali) say they have to wait 2 weeks before taking over from last disbursement. We have ISOs with most known reverse lenders, didn't know if anyone else would be willing to go in. Would be around half a million reverse. Any input helps, thanks.
    8 replies | 236 view(s)
  • Yankeeman07's Avatar
    06-19-2024, 10:04 AM
    Accept Check Payments By Phone Check 21/22 Processing Virtual Software Terminal Quick Overview Quick Approval & Activation - Generally within 2 Business Days You will receive your E-check via Email within 5 minutes. Deposit via Teller, ATM or Mobile 2.00% Discount Fee ZERO Transaction Fees. You will Get Paid for the Full Amount You Billed: Discount Fees Are Billed Separately. One-Time Activation & Setup Fee No Contracts Quick Phone Application Recurring Billing Feature Included - Select Daily, Weekly, Monthly, Quarterly, or semi-annually automated payments. ** Suggested Check Paper from your preferred Office Supply Vendor https://www.officedepot.com/a/products/637540/Office-Depot-Brand-Standard-Check-Refill/
    5 replies | 632 view(s)
  • SimonFunds2025's Avatar
    06-18-2024, 05:32 PM
    I have a franchise company in TX that is coming off a MCA that they completely paid off* Here is the situation They were a previous default so they just finished paying off this default loan program The company that funded them took one extra payment and did not reimburse him They will not issue a zero balance letter to him because they are trying to keep him in house* They want to renew him for 80k after funding him 40k This is NOT the first client that they have pulled more than one payment on accidentally (apparently they have a stacking fee clause:( This franchise company does 300-500k a month* I want to bring him somewhere else ​​​​​​​Anthony 347 439 8710
    2 replies | 1110 view(s)
  • Mexican Funding's Avatar
    06-20-2024, 10:23 AM
    Please let me know if anybody can assist with this. What I need are Direct funders of commercial loan for New Construction, commercial and residential, Existing Business acquisitions up and running, Equipment new and used. I have several deals: 1.- It is the purchase of a Concrete Plant Cement Plant for the amount of $6.5 Million 2.- Land Owners Free and Clear new construction loan for an office complex for $4,750 Mill 3.- Construction of a Park for RVS, they own the Free and Clear acres with a value of $1 Million, they need $3 Million for the construction of the same 4.- Another of land financing, for its purchase and refinancing they have enough capital and liquid to put up to 50% down payment if necessary 5.- Lines of Credit for Existing Businesses
    6 replies | 366 view(s)
  • DonMcGrath's Avatar
    06-20-2024, 06:44 PM
    That's right you Hollywood tough guys with your voice-activated engine-starting Bentleys, with the neon light-up interiors, and a stunning doll in the passenger seat with dangerously sharp heels. Our guys can generate online leads for Merchant Cash Advance, on the fly, in volume, and it doesn’t cost an arm and a leg, and results are guaranteed. We just partnered with some of the engineers that influence many people's favorite online platform, and we are the front-face of their marketing arm for alternative finance (they do multiple industries). Dumbleads.com is coming for your key fobs, and we're painting a big letter D on the hood of your S Class, and we’re inviting a few well-run Isos or Funders to join us! If anyone in the merchant cash advance space has seen the great results that hot qualified ONLINE AD LEADS can bring but has either gotten outspent, were unable to scale, saw prices push them out of the market, or found it took too long with too much trial and error to have a profitable campaign, or couldn't crack the code of eliminating star-ups and smurf-sized merchants, and dreaded defaults…., well today is a wonderful new day and we are looking for a few Iso's to stick their teeth into an exclusive online campaign. And no, you won’t have to spend the price of multiple body parts to start this campaign. You won’t believe the cost. Right now, the genie is out of the bottle and the lamp is ready to be rubbed. But we all know how long that usually lasts for. Reach out to us if you have any interest. (816) 205-8268 info@dumbleads.com PS. It's like the story of a successful broker whose Lamborghini door was ripped by a speeding yellow cab as he was getting out of the car. The taxi never stopped and the irate, screaming broker demanded the police find them while the cops looked at him and shook their heads, frowning at the materialistic nature of this man, because he didn't even realize his hand had been ripped off. When he looked at his missing stump, he paused in shock.............., then started screaming even louder.........., because he realized his Rolex was gone. The moral to the story is, don't be a big city taxi driver. Position yourself for SUCCESS... so you can scream at police officers while sitting in a Lamborghini, with a Rolex watch floating on the street somewhere connected to your well-manicured hand, and reach out to us ASAP!! (816) 205-8268 info@dumbleads.com
    5 replies | 487 view(s)
  • Wmateo's Avatar
    06-19-2024, 03:17 PM
    Who can help? Used Truck Auto Sales located in Florida Looking for 75k. 2023 Financials not available, but can provide 12 months of bank statements. Facts: TIB: 11 Years Annual Revenue: 3.1MM Average bank statements balance for last 12 months: 30k FICO: >700 Positions: None Debt: Only a SBA loan and Floor Plan Credit
    5 replies | 368 view(s)
  • ATLAS MONEY's Avatar
    06-18-2024, 04:53 PM
    Who can help with a refinance of a 5 unit Commerical Buidling that is under construction. Client is 65% done with the build and owns it free and clear Looking to refinance and pull cash out to finish the build have two triple net tenants with deposits put down once its complete 680 fico multiple member llc Jt@atlasinvestmentsinc.net
    1 replies | 698 view(s)
  • MichaelMorgan's Avatar
    Today, 08:16 AM
    I'm trying to figure out the best approach to managing my finances and I've heard mixed advice on credit cards. Some people say having multiple cards helps with credit scores and offers more benefits, while others warn about the risks of debt and overspending. Currently, I only have one credit card but I’m considering getting another for the rewards and credit-building potential. How many credit cards do you guys have and how do you manage them effectively?
    4 replies | 83 view(s)
  • sergio450's Avatar
    06-21-2024, 09:36 AM
    sergio450 started a thread Newtek in Business Loans
    Has anyone actually funded a Term Loan or LOC with Newtek? I am curious about their rates and terms. Any feedback is appreciated.
    3 replies | 181 view(s)
  • ThePlan4You's Avatar
    Yesterday, 03:19 PM
    I have a merchant who banks with Found (an internet bank). Are there any lenders who accept this type of bank?
    3 replies | 114 view(s)
  • PRC's Avatar
    06-20-2024, 04:32 PM
    Looking for 1st position lender who funds this SIC does about 1.5-2million in deposits a month,
    2 replies | 264 view(s)
  • Winners Advance's Avatar
    06-20-2024, 12:34 PM
    Hi Marc here with Winners Advance We help both young entrepreneurs and established shops. Our mission is to provide high-quality leads, help brokers get connected with more funders that meet their criteria, Pair shops with high-end conversation AI tools, and help funders acquire access to more capital. I am looking to make more connections with brokers and funders in the space and build new synergies Looking forward to hearing from you! Contact@winnersadvance.com winnersadvance.com
    3 replies | 161 view(s)
  • JonathanHendrix's Avatar
    Yesterday, 01:03 PM
    Hey guys, I'm always doing my due diligence whenever I hear about a new funder. Their website: https://looponefunding.com/about/ Anyone have experience with them?
    3 replies | 154 view(s)
  • Everydollarcounts's Avatar
    06-23-2024, 06:58 AM
    What is the goal you are trying to achieve with the refi? To payoff business debt Current mortgage balance: 0 Current available equity: 2.4M Current property value: 2.4M 690 credit score No other properties to refi Anyone interested? Lenders only - no other brokers please. DM.
    3 replies | 149 view(s)
  • Jhowen19's Avatar
    Today, 12:01 PM
    Jhowen19 started a thread Medical / 8m in ar in Deal Bin
    Have a company who gets paid by Medicare &medicade so they cant do regular factoring. They have 8M in ar & would like to get a loc or something attached to it. He rents oxygen,beds,wheelchairs. 10k Patients. Does anybody have any suggestions for who to go to in this scenario? Email - submissionsjace@gmail.com
    4 replies | 27 view(s)
  • Keysade's Avatar
    06-20-2024, 10:37 AM
    TIB 1 year. 780 fico. 150k per month. No positions. Looking for 70k.
    2 replies | 169 view(s)
  • xhuljo's Avatar
    06-20-2024, 05:22 PM
    Got a client in the process of acquiring an auto repair shop in Atlanta, GA, which includes real estate valued at $3,000,000. Waiting for the valuation of all equipment and inventory associated with the shop, as well as the financials of the business. Interested in securing a mezzanine or term loan. Wants a low down payment although he can support about 300k. I figured mezzanine would be hard since he doesn't want his credit score to be affected, or his current business revenue to be involved in the borrowing. Sounds like a real estate backed loan or an SBA one. Welcoming your interest in PM. Numbers: https://docs.google.com/spreadsheets/d/1QriKWdCPUf_B5tnMKHYTXypn3PGxLwmQ/edit?usp=sharing&ouid=104187808393839223765&rtpof=true&sd=true
    2 replies | 162 view(s)
  • Collinscash's Avatar
    06-21-2024, 06:20 PM
    Smart Business Funder is the most reliable funding company for business financing. We offer excellent services and tailored solutions to fit your needs. Why choose us? Direct Business Funding provider Funding Up to $5,000,000.00 even in multiple positions Soft credit pulls only Fast turnaround time (Deals usually fund within 24 hours) We offer both daily and weekly repayment options We have over 15 years of industry experience Funding in multiple positions and side-by-side deals are available as well Funding for High-Risk industries such as Construction companies, Real Estate Management, Cannabis and many more! Funding for merchants with bad credit and tax liens (as long as they have a resolution) Excellent Reputation and High Level of Service Renewals are paid at the full base commission rate Smart Business Funding Toll-Free Number:1-866-Re-Smart Fax: 347.402.1650 Email: info@smartbusinessfunder.com Web: www.SmartBusinessFunder.Com
    2 replies | 224 view(s)
  • MCA Simplified's Avatar
    06-18-2024, 01:51 PM
    Stop Losing Deals and Start Funding More!!! With MCA Simplifieds platform, you can capture, nurture, and close your deals in one place. Our CRM's automation and campaigns are pre-made to help you fund even while you sleep. Our System Offers: Effortless Lead Management: Create custom lead capture forms, high-performing landing pages, and full-featured websites with our intuitive page builder. Powerful Follow-up Tools: Automated AND Pre-built follow-up emails and SMS ensure you stay connected with your leads, maximizing your chances of closing deals. Comprehensive Deal Pipeline: Seamlessly manage your deals from start to finish, enhancing your decision-making and boosting overall productivity. Multi-Channel Marketing: Reach your leads through phone calls, voicemails, SMS, emails, and even Facebook Messenger with our integrated marketing tools. AI-Driven Automation: Utilize our AI tools to qualify AND Disqualify leads, automate tasks, and improve your marketing campaigns. Test out our MCA Genie A.I HERE Digital Application: Send applications to merchants with electronic signatures and signed certificates of completion And MUCH more.. Maximize Your Deal Closures In No Time! Visit MCAsimplified.com today and start your free trial! MCA Simplified Sales@MCAsimplified.com MCAsimplified.com (718) 557-9554
    0 replies | 506 view(s)
  • michaelh's Avatar
    Yesterday, 06:28 PM
    I have a customer with a UCC filed by CT Systems with no lender. - Does anyone have a number at CT corporate systems to track this down? Mike
    2 replies | 115 view(s)
  • processingcards's Avatar
    Yesterday, 01:39 PM
    In credit card processing? Top level - two word - domain name for sale. Blue chip domains are all taken! We have one for sale! DM me here. Serious investors only.
    2 replies | 75 view(s)
  • Collinscash's Avatar
    06-20-2024, 07:02 PM
    Hello everyone, I recently read an insightful article about why merchant cash advances (MCAs) are crucial for businesses in Florida, and I wanted to share some key points and start a discussion. Key Benefits of MCAs: Quick Access to Capital: Businesses can obtain funds within 24 to 48 hours, ideal for seizing opportunities or managing emergencies. Flexible Repayment Terms: Repayments are based on daily credit card sales, adjusting to revenue fluctuations. No Collateral Required: MCAs are unsecured, reducing risk for businesses. Boosts Cash Flow: Provides necessary funds to cover expenses like inventory, payroll, and marketing. Easy Approval Process: Based primarily on daily credit card sales, making it accessible to those with less-than-perfect credit. Steps to Obtain an MCA: Evaluate your funding needs. Choose a reliable provider. Apply online. Review and accept terms. Receive funds. Have any of you used a merchant cash advance for your business? What was your experience like? Let's discuss! Contact us Smart Business Funding Toll-Free Number:1-866-Re-Smart Fax: 347.402.1650 Email: Info@SmartBusinessFunder.com For more details, you can read the full article here.
    1 replies | 257 view(s)
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