Activity Stream
All times are GMT -4. The time now is 02:26 PM.
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Older Activity
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Today, 02:16 PMA heads Up to any ISOs/ Brokers out there. Run dont walk away from these guys. 12 years in this industry ive never seen a deal handled worse. Funded Client 25k deal with 30% origination, 25 day deal 1.499 payback 37,500. Upon completion of the deal and full RTR paid . Jacob Proceeded to use merchants login 40 days later and pull additional ACHS totaling 51k.. All while ignoring the merchants calls for 2 weeks while pulling ACHS. First excuse was its passover, second excuse was im sick, third excuse was you owe me 10k for stack ( Shocker. Client did not stack) . We have plenty of unethical people in this business but this was by far the most unethical conducting of business ive ever seen by an egregious measure. Oh and as for the max comission, of course it was never paid. Again proceed at your own risk but RUN dont Walk from FND.
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Today, 01:46 PMQFS Capital is onboarding Iso's! If you have any reverse files feel free to reach out.
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Today, 01:20 PMPopCrumbs replied to a thread Spanish Speaking Puerto Rico Leads - Exclusive to You - Name Your Price in PromotionsLeads like this restaurant doing $50K a month https://butaquerestaurants.com/ had over 10 leads doing 50K plus go unsold, if you fund PR youre missing out here.
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Today, 12:40 PMThank you
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Today, 12:31 PMwho is a good funder for dr in ca has ondeck 50k weekly does 250-300k deposits LOAN FALCOON!!! lol but really
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Today, 12:10 PMI know them very well- Great guys. They are owned by a huge company called IDT which is publicly traded. Super compliant in every way
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Today, 11:54 AMReach out.... Here's my real estate funding submission request form: https://docs.google.com/document/d/1m1yrDyTkRWohqYtW9lfqFZNL-WVY1xoW/edit?usp=sharing&ouid=105603638146100170340&rtpof=true&sd=true Complete and email to me.
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Today, 11:42 AMWe are onboarding new ISO/Broker partners. Please email or call to get started with us now.
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Today, 11:36 AMAs a funder, we screen all of our brokers before signing them up. But the same should go both ways. As brokers, ask questions, don't submit anything until you've read over their ISO Agreement and it's fully executed. Please exercise caution in not only who is funding your file, but who gets to see your merchants' personal and financial information. I get people asking to send me deals all the time before screening, but I tell them to sign an agreement before doing so, for my protection and yours. I know everyone's obsessed with speed and turnaround in this industry, but sometimes you need to hold your horses just a little bit and act more prudently. An ounce of prevention is worth a pound of cure.
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Today, 11:36 AMInstaFund Advance is now onboarding new ISO's Reach out for all of your B-D paper needs Ben Allen InstaFund Advance - ISO Relations Manager ben@instafundadvance.com
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Today, 11:34 AMNathan Capital Group | https://nathancapgroup.com | deals@nathancapgroup.com
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Today, 11:33 AMJust emailed you! our 1st position renewals work like a line of credit rather than refinancing the merchant over and over. Hopefully we can fund some good deals for you!
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Today, 11:26 AMGoldenhippo has a good point. You got them into the mess and expect to get paid. As brokers, our job is to create a good relationship and we get paid when it gets consummated. Sounds like FND was a really bad deal, and the funder was really bad, and the merchant has somewhat of a right to blame you for finding and "vetting" them. I hope you didn't take a PSF.
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Today, 11:10 AMHey ya'll, Have any of you worked with a company named NRS Plus before? If you have any information on their viability please leave a reply. Thanks,
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Today, 11:09 AMmaybe someone should finally call YOU out for promoting business loans in the merchant cash advance section. "Belongs in business loans"
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Today, 10:59 AMWe have been a super broker in Commercial RE for the past 30 years. We can help you fund this deal. You can contact me at 305-420-5605 to discuss this further if you like. Sia Heravi www.afgfunding.com
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Today, 10:44 AMI have a client that is looking for about 800k for a ground up construction on a property that he already owns the land. The client has experience and owns 5 current in\vestment properties. Looking for a Hard Money lender that can close quick as I've had this very close to the funding table and the Lender decided they are no longer doing business in Florida. This is not my area of expertise, if more information is needed I can provide if there is a shot at getting it done . Please send a msg if you can help or your contact information
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Today, 10:37 AMImagine facilitating a scam due to negligence as a broker and wanting a cut.
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Today, 10:32 AMMNY Capital is onboarding new ISOs, Reach out!
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Today, 10:20 AMI mean you might as well sign up with us since we have very similar names! We fund B/C paper I'll send you an email with our full underwriting guidelines. One of our best traits as a funder is that we give out quick offers, we don't ask for many stips if any at all, and we do the bank verification/funding call quickly after receiving signed docs. my email is matthew@riveradvance.com I'll shoot over some more info about our company.
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Today, 09:48 AMStart getting to know legitimate figures in the space, sign up with funders based on vouches and experiences.
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Today, 09:34 AMWe're onboarding new ISO's, reach out to me.
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Today, 07:47 AMIt's up to the broker to vet what funders they send their clients to. The merchant came to you for financial help and you provide them with an absolute dog**** deal in turn ****ing yourself over. I'm sorry that happened to you but you should've done your research on FND. It always gets hairy when you do horrible 25 day deals.
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Yesterday, 10:12 PMHow did you find them? They've been banned from this forum (Jacob included) for almost a year. https://dailyfunder.com/showthread.php/23472-MCA-High-Risk-Funder I assume you checked the internet and the forum prior to signing up with them, right?!
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Yesterday, 08:10 PMCapybara Capital can be a option.
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Yesterday, 07:47 PMimagine even doing this deal. what a joke
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Yesterday, 06:45 PMI hate for my first post on here to be a negative one but in my 12 years in the MCA business I’ve never seen a deal handled as poorly as my current situation with FND Capital . My client needed to make payroll and agreed to a 25 day 1.49 . Upon taking the funding call they are informed there will be a 30 % origination held which will be returned upon completion of the deal . The deal ended with full payback remitted April 26th however the ACH is still pulling and extra week at $1499 a day until last Friday may 2. To add insult to injury On March 20th FND Capital told commission will be paid after business 10 days . I call 12 days later to confirm and Jacob the “ managing director” says “ oh this is your first deal as an iso wed like to wait a little longer we will send it on April 18th. Of course the 18th rolls around no answer . Passover comes and goes and It is now may 6th and he has not answered a call or email from myself or the client , finally client calls from their employees cell phone and he picks up and says he’s sick he will call back 2 hours later. They reach him hours later and he says they are threatening him and owe him 10k for stacking ( they didn’t stack and renewed the previous position before him after his full RTR was paid because he has withdrawn an extra 14k from their account that they had designated for payroll. In summary , 25k deal paying back 37,500 the client net 17k and FND withdrew 52k total from their account (Client has additional 14k taken from their account ) . Still no answer and Commission also not paid on a deal originated March 20th. Stay away from FND by all means necessary.
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Yesterday, 05:26 PMApplied my rubber stamp "belongs in promotions"...but I need to get more ink though.
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Yesterday, 05:18 PMWe are helping you find and close your next deal. Fybroker serves as a vital marketplace, bridging the gap between merchants seeking funding, brokers who's clients need capital, and funders offering cash advances. fybroker.com With Fybroker, businesses, brokers, and funders gain access to each-other. Brokers can post their clients funding requests, receive funding offers, and negotiate terms in a central place - Broker Page. Funders can sort through opportunities and gain access to deals they weren't able to prior. You can even post syndication requests to see if other funders want in on the offer they are already working on - Funder Page. From filtering through deals and offers, to organization, and management Fybroker makes the MCA lending intuitive and easy. More importantly, connecting the whole merchant cash advance industry. How it works: Brokers: View the Broker Demo Funders: View the Funder Demo Transparency and Trust At Fybroker, transparency and trust are at the core of everything we do. We are committed to fostering clear and honest communication between merchants, brokers, and funders, ensuring that all parties have a complete understanding of the terms and conditions associated with the funding agreement. Choosing Fybroker We champion the success of our users by connecting the market as a whole. Ensuring all participants in the MCA industry are informed individuals, with the tools and access needed to grow their practices and thrive. It truly is a win-win environment. On that note, we sincerely wish you success, and hope to see you utilizing the MCA market place.
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Yesterday, 05:05 PMPassword is 1234 lol