Activity Stream
All times are GMT -4. The time now is 04:51 PM.
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Older Activity
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Today, 04:46 PMIsn't Bitty difficult to deal with as well? Don't they take awhile to respond to emails/phone calls and take 24 hours to fund? I also heard they kill a lot of deals in the back end... just out of curiosity whats the difference between Bitty and the "terrible high risk" dudes?
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Today, 04:46 PMAlso, wide merchant funding. Don't forget mantis. They fund ****.
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Today, 04:46 PMVader funds **** files.
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Today, 04:44 PMHey Steve. How many deals have you closed with Tony?
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Today, 04:43 PMLCF or Bitty is probably safest bet with those kinds of files. A lot of the high risk dudes in that sector are terrible to work with.
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Today, 04:35 PMHere are some references to lenders: Tony is a superbroker - he can get deals done that most lender's can't - has no maximum and also can do cannabis. I am currently doing several $500,000 Master Credit lines. Don't know if the contacts on these others are current or not....you'll have to check... Tony Borchello First Financial (888) 211-2197 mobile: (949) 800-5767 tonyb@firstfinancialweb.com Evan Sowa Senior Account & Finance Manager Everlasting Capital Corporations 603-351-4725 | 401-771-4883 evan@everlastingcapital.com Jeff Brannon Slim Capital jeff@slimcapital.com Office: 949-535-2353 Cell: 949-981-0431 Joe Burleson Equify Financial LLC- Southeast 777 Main St. Suite 3900, Ft Worth, Tx 76102 |C214-673-8575 joe.burleson@equifyllc.com Hope that helps and is a start... You'll need loan app, 3 months business bank statements, invoice on the equipment. If over $150,000 business tax return. Keep in mind that purchases are registered as debt on the balance sheet. Sale leaseback are better for long term, and better financing. There are Operating leases and Capital leases.
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Today, 04:33 PMIso. Great people over there.
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Today, 04:24 PMWho looks at bad files under 20k?
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Today, 04:22 PMFrom the "super broker" angle BSB are pretty smooth to work with. Also have enjoyed dealing with Maxim. Slim my few interactions with them were less than impressive. Centra has been decent.
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Today, 04:17 PMBscs replied to a thread Congratulations to Merchant Marketplace for crowd funding two mcas in Merchant Cash AdvanceOn another note, has anyone put in money on MM? Is there a high default rate? I put into a couple deals, and over half defaulted and the other was missing payments for weeks at a time. It was a small sample size so I know that I couldve got unlucky. I feel like they need to be more transparent on the soft collections side, and give updates into whats going on in the deal. Not just show that a payment bounced. Showing transparency shows me that they are actually bouncing and not just MM telling me its bouncing so they can take the money and use it and eventually pay it back in my account in 3 weeks. basically acting like a no intrest loan. Im not accusing... Just thoughts in my head
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Today, 04:03 PMBscs replied to a thread Congratulations to Merchant Marketplace for crowd funding two mcas in Merchant Cash AdvanceI believe that not every deal is crowdfunded. I have heard that they fund without putting it on the app/website
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Today, 04:02 PMYou don't know me, but, i know you, since your first day in mca. I've watched you grow and get married. We speak every now and then. You're a good solid guy simon. A good hustler.
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Today, 04:01 PMGj on radiance. Are you funding 100% in-house? Whether or not, id trust you with my deals.
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Today, 03:58 PMIve known The Funding Family for years- Amazing company and even better people. They are a broker.
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Today, 03:58 PMNope. Last time i used them i got a 15 month 1.10 upsell 5 last year.
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Today, 03:56 PMRead his post. Read the fkng post. He wants someone to take over the reverse. Meaning the guys in a reverse.
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Today, 03:50 PMIs the funding family an iso or funder
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Today, 03:48 PMWhere tf do u find the email? When funders find the ucc they dont send an email?
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Today, 03:46 PMBro if u dont specialize in these deals, use everlast capital and co broker with em. They can fund the a paper in house.
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Today, 03:40 PMZonefund replied to a thread Congratulations to Merchant Marketplace for crowd funding two mcas in Merchant Cash AdvancePaul i see 10 month 9 month 4th positions. Youre going out longer then previous positions?
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Today, 03:36 PMTrust Capital USA, North Mill (requires minimum quarterly funding) AFG is one of the largest equipment financing companies in the country, they've been nice to work with as well. Ascentium Capital is bank-owned (like many), but they'll broker out your files if they can't approve it in-house. Slim is a nice catch-all, they're on the board here, they can get a lot of funky deals done. Maxim is good for the slightly higher-risk. There are dozens of equipment lenders, the problem is working equipment files is super annoying, they also take forever.
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Today, 03:17 PMCurrently looking at on-boarding with Dakota. Was just wondering what companies other brokers are using
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Today, 03:10 PMRun an Accurint report on the prospect. It will reveal who filed under CT.
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Today, 03:09 PMLet's hope so bro!
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Today, 03:08 PMHe's a newbie... I'll tell him how to lie and cheat next week
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Today, 03:01 PMI stand corrected. Im referring to The Funding Family. Family Funding Group is another company that i know nothing about.
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Today, 02:48 PMyou forgot the line for back doors
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Today, 02:39 PMthe filing will have an email for CT corp. tell your merchant to email them with the title being the File# and business name. say he is the owner and needs to know who filed this UCC on his business. they will email him within few minutes and tell him.
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Today, 02:29 PMThat was intentionally done, gotta knock out the competition :p
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Today, 02:28 PMdiditevenfund replied to a thread What's an 'average' / 'fair' commission split? in Merchant Cash Advance50 is great if you are not putting out resources.