Activity Stream
All times are GMT -4. The time now is 01:20 PM.
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Older Activity
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Today, 01:15 PMFundKite started a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceFor those of you who are unsure how real-time reconciliations work and how the benefit the merchants please watch our explainer video here.. https://fundkite.com/real-time-reconciliations-work/ happy to answer any questions.
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Today, 01:13 PMFundKite replied to a thread Topic: How will MCA reconcilation affect broker commissions, alleged defaults, etc. in Merchant Cash AdvanceHeres a good reaqd https://debanked.com/2024/06/real-time-reconciliations-on-revenue-based-finance-deals/ and our explainer video https://fundkite.com/real-time-reconciliations-work/
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Today, 01:11 PMDo you have a question or concern for us?
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Today, 12:55 PMThere are some that will still take new brokers.
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Today, 12:45 PMprob a broker shop who funds in house
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Today, 12:39 PMBeen a few years with them, pretty solid overall. 1st pos $75k 22 weeks 1.40, Square came in with 2nd pos $50k, 19 weeks, 1.45 with a good EPA
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Today, 12:31 PMCareful w square. They ****ed an iso on here. I got ****ed by em too. What term rate and $ amt was it? Theyre high risk still?
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Today, 12:29 PMWhats their website?
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Today, 12:28 PMFranklin replied to a thread What's an 'average' / 'fair' commission split? in Merchant Cash AdvanceThis is referring to Monthly Funding amounts. www.UccRadar.com – Name your own Price Leads
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Today, 12:27 PMThe question is what
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Today, 12:24 PMJonathanHendrix replied to a thread This feed is always way too serious. What funny stuff do you guys do at work? in Merchant Cash AdvanceLoad up the BB Gun, take some practice shots! :rolleyes: Safely of course.
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Today, 12:21 PMSelect Funding has a decent co brokering option. If you dont have a track record with EQ, dont waste your time. You will not get direct relationships.
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Today, 12:20 PMHe's an enlightened Muslim Brother, He foregoes the ways of Muhammad even going as far as to depict him in imagery :eek:
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Today, 12:18 PMBut don't Muslims have a haram with riba with very few leniencies? From what I read on the internet, it's worse than zima! SMH ;) Arabic/Hebrew/English translation so you don't have to Google it: haram = assur/cherem/חרם = forbidden riba = ribbis/ריבית = interest zina = zima/znus/זנות = forbidden carnal relations
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Today, 12:14 PMGood people there, no issues in the past. what was the problem here?
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Today, 11:47 AMok so dont deal with them :)
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Today, 11:46 AMI experienced one of the quickest deals of my life yesterday, from Sub-Fund was 1 hour & 54 minutes. So obviously very much prompted me to give props to Square one of my longest funding relationships, gotta spread the love and all that :rolleyes: The client is someone I've been working with for a while and have honestly some of the weirdest conversation ever... Dude was born muslim but loves Jews and discussing G-d Yesterday a situation came up with his sub contractors that required a quick 2nd position. Thankfully, Square didn't hesitate to provide an incredibly fair deal with lightning speeds. They are one of the few funders I've experienced that does understand the difference between a client and a Merchant I'm giving them a 10/10 rating currently! ;) ;) ;) :D :D :D
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Today, 11:44 AMhttps://trellis.law/cases/%22Thriveway%20Funding%20Group%20Llc%22?state=ny
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Today, 11:27 AMWho
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Today, 11:25 AMabfunders replied to a thread What are the most important things to know about personal finance? in Everything elseYou should speak with a financial advisor who is local to your area and understands you way of life. There are so many variables, that paying for a good financial advisor expert is what can make the difference between working for the next 20 years and working until you die. Research and interview a few of them if you don't know any, and try to get a good feeling that their methods match yours, and that they're not trying to pigeonhole you into what "they" think is best, but they're guiding you to an outcome that also makes sense to you, since part of the goal is not just financial stability, but also mental stability, so you're not second-guessing yourself all of the time.
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Today, 11:21 AMSimonFunds2025 replied to a thread Funding the Un-fundable props to MM Funding Group in Merchant Cash Advanceplease call or email me at anthony@simonsaysfunding.com 646 202 0095
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Today, 11:14 AMMichaelMorgan started a thread What are the most important things to know about personal finance? in Everything elseI have a stable income and some savings but want to learn about budgeting, saving, investing, managing debt, building an emergency fund, planning for retirement and improving my credit score. What practical steps can I take now to secure my financial future?
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Today, 11:13 AMAnother day another random "funder" name
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Today, 11:01 AMSimonFunds2025 replied to a thread Funding the Un-fundable props to MM Funding Group in Merchant Cash Advancewho is the MM group and can I have a contact number anthony@simonsaysfunding.com
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Today, 11:00 AMwhat are your thoughts on Thriveway? does anyone have a contact number for them ?
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Today, 10:38 AMGet a strong Salesforce or Zoho partner and build your own CRM.
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Today, 10:33 AMThey are a part of Everest. I don't think they're taking on new ISOs if I'm not mistaken. I think you will need to co-broker with someone.
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Today, 10:22 AMMCA Simplified replied to a thread How much do you pay on average per lead? in Merchant Cash AdvanceIf your looking for a CRM similar to Keap, check out MCA Simplified. No contact storage limit. Have thousands of contacts stored at no extra cost. All nurturing campaigns are already prebuilt. Reach out with any questions MCA Simplified MCAsimplified.com Sales@MCAsimplified.com 718.557.9554
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Today, 09:58 AManyone have a contact at vader?
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Today, 09:51 AMbeyond acquiring the data you have costs to send and risks associated with that sending. Like SMS sending fees, with cheap data are you sending more messages for less response, if you're paying per message sent, and you're sending 3x the messages that added sending costs is part of your overall costs. Quality Data Low Quality Data SMS Sent 10000 10000 Cost/SMS $ 0.03 $ 0.03 SMS Costs $ 300.00 $ 300.00 Response Rate 3% 1% # of Responses 300 100 Cost/Response $ 1.00 $ 3.00 Same goes for email marketing where you're paying a CPM for each 1000 emails sent, if your data has a 3% open rate VS higher priced data with a 10%+ open rate it'll take 3+X to equal, so you're spending 3X more than you should. Then there's the hidden costs. Your sending reputation for one. Your SMS provider is measuring your sends, how many people open, how many respond and they use it to measure the quality of what you send, low open, high unsubscribes can mean more filtering where your SMS messages dont get delivered but you still pay the delivery fee. Ever have a SMS company work really good then it didnt? Low quality data did it. Same goes for email, the ISPs see people dont interact with your content they will move more of it to the spam and junk folders. This hidden cost is the most expensive because most people never realize it. If you're building a brand the next one is another concern, where did the data come from? Are you going to call or text the data and end up with an ambulance chasing lawyer screaming you violated the TCPA and they want $500 to go away? Add that to the cost. This is why when you're evaluating data you should keep these other factors in mind. Cheap is sometimes more expensive in the end.