Activity Stream
All times are GMT -4. The time now is 01:47 PM.
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Older Activity
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Today, 01:47 PMWe will look at file, send me an email. I ll send you iso agreement submissions@foretrust-funding.com Michael@foretrust-funding.com
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Today, 01:37 PMWho can fund a deal, TIB is 7mo, LLC doing around 100K a month in business, balances decent, no negative days, 1-2 days low. The sell heavy equipment and auto parts, looking for inventory, credit 660.
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Today, 01:30 PMIf MCA is the route you want to take him, if you have a CA license, try IOU (unless they're the 1st position already)
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Today, 01:13 PMWhat industry? Perhaps there are better options. If they are B2B invoicing 800K/Month they likely have 1Mil in receivables outstanding. That being said, even factoring the AR would be a LOT more cost effective, you look like a hero, and get paid. If they qualify....they could get a ledgered line.
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Today, 01:13 PMThen in a few months he will be looking for an 18 month 3rd position,
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Today, 01:06 PMMerchant does around 800k monthly average. CA based company, good time in business and good credit. Has a first with an A paper funder that he's been paying for more than 6 months (originally funded 18 month term). All around clean file. Looking for a 2nd position. I have a 12 month offer, he wants 18 months. Is there anyone that does 18 months as a second?
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Today, 12:06 PM... This is not a real Funding Company ... I can point it all out but it's so obvious. Also your phone number is attached to an X account for thiic_princess. Care to explain?
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Today, 11:49 AMSteven, welcome to the website club ;) Your website looks fine, but on a desktop at 100%, the words for "Our Services" don't fit in the boxes. They're fine at 80%.
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Today, 11:28 AMI will if they have a good file and been in this country for a bit and has some roots. We cap the starter deals 3-5 months. If the merchant does not stack on us our renewals are a true add on which is a little like a line of credit. Feel free to reach out to me. Scott Platto scott@tmrnow.com tmrnow.com 212-220-9872
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Today, 11:23 AMWe (Elevate) can consider ITIN merchants. Email me please, ken@elevatefunding.com
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Today, 11:20 AMDave-This happened 2 weeks ago! Stop posting links to news articles. Post the article itself. This is how cyber attacks can happen!
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Today, 11:02 AMMARKETS Published <time class="article-date__time article-date__time--published" style="box-sizing: border-box; --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246 / 0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;">July 2, 2024 6:00am EDT</time>
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Today, 11:01 AMI am pleased to announce that Hunter Consulting's new website has launched, with a new section for referrals to trusted partners for Funding, Cap Raises, Lead Generation, Call Centers, Compliance, Collections, and more! Check us out at: www.hunterconsultingllc.com and let's do some business together!
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Today, 11:00 AMMondial, That's no problem brother, I wasn't here to say you were necessarily wrong or evil. Most of my experience is in the MCA space, when I read that message I just wanted to share my insight on how it came across. I do very much appreciate the well written response & am glad to have the conversation! :rolleyes:
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Today, 10:47 AMJonathan, My view is formed from my history of owning a FINRA B/D and doing 70 pubco financings as either principal or ibanker. When I did a financing as principal, due diligence was solely my responsibility. If someone or some registered firm brought me a deal, their responsibility began and ended with sourcing. If I made beaucoup bucks on that deal, the agent/introducing broker got none of it, cause they were never at risk as they were not putting money up nor were they involved in the underwriting process. Conversely, if I were the investment banker on a deal that went bad, I still got paid because my job was sourcing, not investing, and not due diligence. Now, theoretically, if I sourced a deal that quickly went bad, and I withheld information from the investor or was somehow involved in fraud on the part of the issuer/company/merchant, then I potentially have legal liability, and any fee I made would be subject to disgorgement as part of a regulatory and/or judicial process. That history informs my view of the ISO-funder relationship, which I know many in the MCA world don't subscribe to.
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Today, 10:29 AMMost PO financing companies require a 3rd party manufacturer of the goods. You will definitely need to search around for someone who will finance a PO for a concrete company. And the PO finance company will want to someone to factor their invoices. So maybe better to see if they have AR available to factor. We have guys that will do construction AR. Ben
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Today, 10:27 AMwhere does the merchant need to be on daily payment? & how many points are you trying to sell this at?
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Today, 10:23 AMKinda weird to ask for Immediate payout with no clawback, It's a fair thing to have if the merchant defaults right away. Also, don't know if it was intentional but that line gives me the vibe your purposefully subbing guys who will have massive payment issues and all you care about is your money coming in.
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Today, 10:19 AMHow about getting the client a line of credit? Otherwise, try Select Funding David, we should talk again, it's been a while
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Today, 10:13 AMTry Aurous - aurousfinancial.com
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Today, 10:01 AMIs there a direct funder who can do a 1st position 60-day deal at a 111 buy rate with immediate payout to ISO and no clawback? Regards, David McCarthy, CEO McCarthy Merchant Capital LLC www.mccarthymerchantcapital.com Main: (717) 622-2784
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Today, 09:52 AMOld news!
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Today, 09:49 AMCDK Software Breach - https://www.foxbusiness.com/markets/car-dealership-losses-from-cdk-software-outage-could-reach-1-billion-study-finds
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Today, 09:28 AMNice bonus. What terms do u offer, $ amounts, what're your sweet spots?
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Today, 09:13 AMSign up today and get your deals funded!!
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Today, 09:02 AMOr the "bro's" that want to stack more than two positions on a client without looking at more financially feasible alternatives...
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Today, 08:02 AMAhhhh.... I am more concerned about other types of "bros" that come on DF. -The Bro that got banned by a financial regulatory authority like FINRA or the SEC -The Bro or any Bro that helped someone defraud any financial institution. -The Bro the got disbarred or lost their accounting certs for financial issues -The Bro that lies to bank or the SBA to obtain loans or stimulus programs. Those "bros" we should all be more concerned about......
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Today, 02:05 AMMost funders are no better than the brokers or providers in the space. Stick to razor close relationships and you won’t have issues. Small circle wins every single time
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Yesterday, 11:31 PMdiditevenfund replied to a thread REALTIME Reconciliations with FundKite - How we do it. in Merchant Cash AdvanceSome people looking like total clowns on this thread. I wish someone would call me on 5x commissions to prove some shi$. I’d get paid or at least drag someone thru the mud. Crickets tho 🤡
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Yesterday, 11:30 PMCFG has funders. Elevate as well