Activity Stream
All times are GMT -4. The time now is 10:22 AM.
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Older Activity
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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
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Yesterday, 04:56 PMDo you only give the website password to funders?
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Yesterday, 04:35 PMHello everyone , I just opened a new broker shop with a few workers with me , I'm currently looking for funders to sign up with ,hoping we can build a relationship and fund a lot , We guarantee 10+ Applications a week. Please email me with more information on how to get started Thank you ! My email is admin@rivieraadvance.com
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Yesterday, 03:53 PMConsider a long term, low interest asset based loan to wipe all that debt out. Find out if they have any assets - equipment, property, A/R aging, etc. Can you think outside the box - away from the MCA arena? Might be better options for your client
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Yesterday, 03:48 PMPopCrumbs started a thread Spanish Speaking Puerto Rico Leads - Exclusive to You - Name Your Price in PromotionsI have leads from Puerto Rico going unsold. Not looking for a revshare, only straight lead sale. Name the price you want to pay email me mike@popbrands.io
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Yesterday, 03:26 PMWas the funder named after a various fruit or vegetable? Im sure the funder would appreciate the shoutout on this one
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Yesterday, 03:24 PMwe can do any $ amount as long as it fits our term. reach out to alexa@americanchoicecapital.com
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Yesterday, 03:04 PM4 balances, never missed payment, total combined 3.5m in mca debt, 5 months left on longest term 600k a month 2m on the AR
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Yesterday, 02:35 PMDo you participate in debt financing?
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Yesterday, 01:38 PMNot true. we got it done under 1.40 with comm.
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Yesterday, 01:18 PMI can second Anthony here. We look deeper into these deals daily. Experience is not everything, but it is the biggest trait needed. Yes, some funder will take the deal, but at a 1.40 or higher.
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Yesterday, 01:05 PMI love when UW thinks they know every deal because they look at deals everyday. Experience is great but not everything. This market is always changing and some funder will take the deal. We dont force deals just have to present them. I appreciate some reaching out. We got it done at the terms the merchant needed.
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Yesterday, 12:05 PMThe best leads are the ones that close
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Yesterday, 11:52 AMThis is kind of a loaded question but what is the best type of lead? I understand no data is perfect, but is there any specific data set that works best. In my experience, very few subs are clean files. I’ve seen a couple on this forum mention trigger leads and seo data. Any recommendations would be greatly appreciated. Cheers.
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Yesterday, 11:36 AMOlderguy replied to a thread GCs!Get IMMEDIATE $$ for your projects!No more waiting for clients to pay you! in PromotionsI just seem to be checking and seeing this spam stuff and beat Sean to moving the post....figured it reminds these FNP there are rules about spamming and posting....also figured it might rile you other grumpy guys like yourself and that gives me a laugh
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Yesterday, 11:25 AMDonMcGrath replied to a thread GCs!Get IMMEDIATE $$ for your projects!No more waiting for clients to pay you! in PromotionsOlderguy, why you sound so grumpy lately big guy? This used to be Yankeeman's shtick, until me and Sean had him removed from the building. Sounds like issues with the models.
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Yesterday, 10:52 AMHeadway Capital is a huge legit loc lender. They even offer monthly payments... They're huge in the industry.
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Yesterday, 09:36 AMhttps://floodmail.net/ Shhhhh.....
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Yesterday, 09:25 AMYou do understand that when your client sends out an application for funding, the broker or whoever he's sending it to need to get it approved by an actual lender, right? Headway is probably one of those lenders his app was sent to. Mystery solved.
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Yesterday, 09:11 AMDefinitely a broker operating out of Brooklyn