Activity Stream
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Older Activity
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Yesterday, 09:11 PMFundkite under extreme assault on numerous threads? lol
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Yesterday, 05:34 PMRisker replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceI agree with FundKite on this one. I have no idea if they’re a real funder or just a white label but if I was a broker calling out fundkite for stealing commissions I’d much rather get paid 5x commissions than have my post answered online. After making that promise I don’t think it’s necessary for him to comment on each individual post. Will he keep to his word on this post? I have no idea but I’d say it’s definitely worth trying.
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Yesterday, 11:37 AMBack at it again is a good rap song.
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Yesterday, 07:32 AMHis response was fantastic
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Yesterday, 06:37 AMAny idea what their dba is or entity for their direct side, and the broker submission merchant dissapearance squad?
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Yesterday, 06:35 AMI am sorry to hear about this man. You're one of the many. Thanks for sharing your experience.
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Yesterday, 06:33 AMYou aren't a funder but I'd submit to you if you and fundkite were my same option. Some $ is better then no $.
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Yesterday, 06:32 AMFunny ****. Mine didnt ghost but told me at the last minute he got called by an iso who somehow knew he had issues getting funded, who somehow immediatly sent him a contract and funded him w/ no other stips (he only sent his poo dl vc to me). I had no response for 2 days from fundkite :). Egor treated me the same way he probably treats his wife or mother.
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Yesterday, 06:30 AMEgor probably made an override on this.
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Yesterday, 06:29 AMSorry to hear about your experience. It seems they've been called out here multiple times but the ceo hasn't responded to anyone.
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Yesterday, 06:28 AMThe first time i submitted to them, they were my only choice to get a decent approval to the file. After login was done, etc, (300k file fyi, i couldn't sell anything c- to d paper to him, i had a 1.369 sell via fundkite making 7), my file couldn't get an FC scheduled for 2 days. Lo and behold, within that time, an iso reached out to my merchant, somehow knew his funding was held up elsewhere, and sent a contract with the same offer (sell, term, $ amount) through delta, and funded him w/o needing stips (he had them all somehow). I never used them since. I don't take unnecessary risks. I don't believe it was another funder, or a broker using the same marketing as me. The same day he got funded elsewhere i finally got an update that it was declined for a reason that made zero sense.
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Yesterday, 06:21 AMZonefund replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceYou really have the time to respond here, but, you're not going to respond to any posts here that have called you out?
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Yesterday, 05:44 AMForgot to mention dsf rates are high, similar to tvt, id use em and tvt if the others reject.
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Yesterday, 04:00 AMMichaelMorgan started a thread Has anyone here improved their credit score from below 500 to 700+? in Payment ProcessingI recently checked my credit score and was shocked to see it's a 477. I know I haven't been perfect with my finances, but I had no idea it was that bad. I've already started making on-time payments and reducing my debt. I would appreciate some personal stories from people who have found themselves in similar position in the past.
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06-29-2024, 08:12 PMYou can do a second SBA loan you know....three months after the first one...
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06-29-2024, 06:33 PMhas an sba already needs term loan financing tax returns are near $2mm with 2023 extension filed does about 300k a month anthony 646 202 0095
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06-29-2024, 06:10 PM12months + and good rates for 2nd: Iou (idk their cap $ amount on consolidation) Vox Wall street funding Byzfunder Lg funding Pirs Dsfgrp These are guys ive seen offer 12 month seconds. Can u give info on the funders in the 1st and 2nd? Terms? Hopefully some of these funders aren't on there. Also if credits really good, im not sure why but i ran with it, ive gotten 2nd pos offers from ondeck, one was 200k 1.30sell 12months behind libertas, either it was due to the guys fico being gold or they didn't catch the first w libertas.
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06-29-2024, 05:31 PMgo ahead and message me your information.
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06-29-2024, 05:30 PMGAS - Gross annual sales. Your out of florida?
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06-29-2024, 04:55 PMZonefund replied to a thread Lockbox Credit Card Split Funders - Where you at? ! in Merchant Cash AdvanceHey shannon, is funderial direct? What type of rates etc? Do they only do cc splits? Asking since i like expanding what i offer merchants.
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06-29-2024, 04:54 PMApologies i haven't seen 12 months on auto sales for years.
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06-29-2024, 04:53 PMGlobal merchant is wall st?
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06-29-2024, 03:33 PMLibertas offers term loans chartered by Web Bank out to 20 months.. weekly/bi-weekly/monthly terms, up to $1.5M. You could also do a portion with Salaryo, $500k max, 24 monthly payments, true loan, but the bank must successfully link with Plaid. Usually 24% APR.
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06-29-2024, 03:09 PMSBF replied to a thread Lockbox Credit Card Split Funders - Where you at? ! in Merchant Cash AdvanceQuikstone is the OG and the very best at the cc splits. 1st position only though. If you need a 2nd position cc split, check with Funderial.. they are very good too.
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06-29-2024, 02:53 PMHe’s doing about $600k/month in revenue, correct? You said Gas.. does that mean this is a gas station? If so, is it only gas sales? I may have a few sources this could work with.
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06-29-2024, 08:45 AMThey beat u on a deal?
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06-28-2024, 10:29 PMHave you or you client looked into alternative sources of funding instead of another MCA position which really isn't in the long term best interests for your client?
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06-28-2024, 08:30 PMWhat were the terms, funders, factors, and dollar amounts, and which funders?
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06-28-2024, 08:05 PMPros of this client: A credit personal B+ Credit Business 7MM GAS 236220 Commercial and Institutional Building Construction Current Positions: 1. 135k 2. 105K Cons: He won't work with any MCA lender/funder east of the Colorado River (weird, I know) Had a default five years ago that was paid in full within 5-6 weeks. Request: He wants either 250K over 12 to pay for the smaller position or 3rd 150K over 12. Tough I am aware. The client is also a good friend and golfing buddy, so he won't speak with any lender or funder until there is approval of 12 months. If interested please me your information. Hope everyone has a good 4th of July
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06-28-2024, 07:44 PMbelongs in promotions, bro....and check the posting requirements there