Activity Stream
All times are GMT -4. The time now is 01:24 PM.
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Older Activity
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Today, 01:15 PMStill lending
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Today, 12:22 PMBitty
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Today, 11:50 AMSam@electrafunding replied to a thread 15 points to first deals funded together in June!!! in Promotions1st
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Today, 11:26 AMWe fund Merchant's that bank with BlueVine
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Today, 11:25 AMNo Industry is Immune from Attacks https://ien.formstack.com/forms/industrial_media_security_breach_podcast
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Today, 10:55 AMHaving Steve help with the SBA 7A would be a great option. If the merchant is looking for something quicker, I provide an mca that mimics a line of credit. Can fund them right now right away and when they need a renewal, I can do a simple add on rather than refinance the balance. (Payment stays the same, they get more money and we wait until primary balance is paid off to start collecting on next round of funds) call or email to discuss more. I was an underwriter here for many years before taking on this role as a broker relations manager... hopefully we can find your client a proper solution
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Today, 10:39 AMCareful of KMT Funding, someone on the forum said that they're connected to World Global Fund (Solomon for those who know)
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Today, 10:39 AMI know for sure I have declines from EBF in my inbox on Bluevine statements
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Today, 10:36 AMI know for sure EBF does
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Today, 10:27 AMIf you're a new company and are more in the higher risk side of the MCA space, GoACH may be the only company that will work with you without a reserve (98% of the time)
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Today, 09:36 AM15 points on first "deals" funded? How many deals? First 10, 20, or what? Thank you.
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Today, 08:09 AMI am doing a SBA 7A for one right now. Just got the committment for $500,000
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Today, 02:43 AMSmall business but well qualified - good pc, nice margins, zero debt - looking for working cap and a line would be the absolute ideal. This could include PSF agreement needed community banks with hunting enthusiasts on the board. Well aware its an industry on the sh*tlist.
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Today, 02:11 AMLendistry but not app only, North Mill, New Lane, CH Brown... others
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Yesterday, 08:28 PMtoo small for us min 500k. Perhaps one of the guys on this thread can help. best
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Yesterday, 08:02 PMtry these...last one was a referral from Marcus. Menachem at Caplitalize Group at 347.519.2822 - Marcus at Capaybara 561.404.1674 Jake at KMT Funding - 347 617 2192
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Yesterday, 07:26 PMWho funds Bluevine statements?
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Yesterday, 06:45 PMWhen did PayPal start offering ACH? What are the fees?
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Yesterday, 05:49 PM...if you get bored, go back and read old threads. I'd go back as far as possible so you can get some history and perspective. I literally learned the industry in 2014, logging on here and reading through every post and thread there was... Learn about what happened to Bob, the Karens, learning WhoIsKingsley before TCB, and maybe you can bring bck a little more of what it used to be (a forum of knowledge and helpers!)... meeting people here at Debanked is cool, and learning a lot about both companies and people (even ones you thought were on the up and up!). I love this site. Sure, it isn't what it was before - but I still visit DAILY! :)
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Yesterday, 05:49 PM75% LTV if 650 or better Fico. 10 year fixed I/O, then amortized 20....might be like 11% range
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Yesterday, 05:42 PMahhhh, 2024 in the MCA space.
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Yesterday, 05:33 PM"A-D PAPER 20-150 DAYS'' lol
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Yesterday, 05:27 PMwise man
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Yesterday, 04:40 PMACH Works, Actum Processing, ACH Processing Company, EFT Canada for those of you in Canada. Here is the problem I have noticed over many years in banking when it comes to processing with your bank. Your bank will tell you they will give you next day funding and cheaper processing rates, which they will. The question is why? Well its because they have direct access to your operating funds. ACH processing is all about risk. The bank has much lower risk if they have access to all your operating funds so in the instance where a merchant or someone goes rogue on you, they freeze your bank accounts and shut off your processing capabilities. At this point you can't access your funds nor can you process payments. I have clients tell me, "Well....I have a good relationship with my bank and its never been a problem". I simply reply by saying, "Its not a problem until its a problem, and then you have a problem." The nice part about third party ACH processors is that they don't have access to your bank account or operating funds. They can't freeze anything other than your ability to process payments through them. This is why they have a 3 to 5 day float to make sure the merchant is OK with funds that were just pulled from their bank. If you put up a big reserve, you get next day funding. When processing with a bank, your operating account acts as a reserve which is why they can freeze it if they want. Anyway, working with multiple third party processors at the end of the day is still the most successful model I have seen that gets the job done, and protects your funds. My thoughts. Trey Markel VP Sales & Marketing (888) 622-5810 www.CentrexSoftware.com
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Yesterday, 04:05 PMCredit Card split may be an option
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Yesterday, 04:03 PMBusiness credit card if Fico 700+ Get much more $ and better rates. BAILEY BLASDEL Business Finance Consultant Midwest Corporate Credit (630) 974-5507 (630) 281-5915 bailey@midwestcorporatecredit.com
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Yesterday, 03:57 PMHey Rich, I see you're still signed up with us (Elevate). Our TIB requirement is still 3 months.
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Yesterday, 03:40 PMi also use Pay Pal Business, once the setup is cleared by PayPal it works phenomenal, right away. i truly like that as well.