Activity Stream
All times are GMT -4. The time now is 11:47 AM.
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Older Activity
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Today, 11:06 AMMNY Capital funds previous defaults. Dose merchant have any positions after the default?
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Today, 11:05 AMPretty spot on here. I think Bluevine has/had a decent product, but like a lot of things, crap brokers tend to ruin a lot of things. Bluevine was never easy to deal with, a lot of rep changes, sloppy behavior etc. They are one of only a couple funders/lenders we had problems with in that area in many years. We stopped using them right before covid, and am even more glad now since I am not part of the getting stiffed crowd.
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Today, 10:56 AMdiditevenfund replied to a thread Onboarding new isos boom funded..... A paper... Positions 1 to 3.... 12 months... in Promotionsspam away bro
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Today, 10:56 AMRayc4 started a thread Onboarding new isos boom funded..... A paper... Positions 1 to 3.... 12 months... in PromotionsNEW ISOS CALL OR EMAIL ME TO GET SET UP! Raymond Ciervo Boom Funded C: 754.207.7380 O: 888-480-BOOM ray@boomfunded.com www.BoomFunded.com
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Today, 10:48 AMOlderguy replied to a thread Onboarding new isos boom funded..... A paper... Positions 1 to 3.... 12 months... in PromotionsBro - please read the forum guidelines...this belongs in promotions...and spamming old posts is in poor taste...
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Today, 10:40 AMRayc4 started a thread Onboarding new isos boom funded..... A paper... Positions 1 to 3.... 12 months... in PromotionsBoom funded MCA Approvals UP TO 5 MILLION... 12 MONTH MAX TERM. BEST RATES AND TERMS I WORK FAST, AND WE PRIDE OURSELF ON OUR COMMUNICATION AND OUR RELATIONSHIPS! I am an underwriter with Boom Funded. We are seeking partnerships with experienced brokers like you to collaborate on funding business loans. If you are interested in exploring this opportunity further, please let me know, and we can discuss how we can work together to provide financing solutions to businesses in need. * 1ST -3RD position Approvals. * Terms - up to 12 Months * Daily & Weekly Payments * Commission Payouts - up to 12 Points on All deals * Same Day Funding * Fast Approvals( Usually within 1-2 Hours) New ISO's, Please send an email to RAY@BOOMFUNDED.COM to get onboarded. OR GIVE ME A CALL TO MY CELL LISTED BELOW Raymond Ciervo Boom Funded C: 754.207.7380 O: 888-480-BOOM ray@boomfunded.com www.BoomFunded.com
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Today, 10:13 AMCall me, I am the underwriter with Boom Funded.. 754 207 7380
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Today, 10:11 AMI do, im the underwriter with boom funded. Email or call me ray@boomfunded.com 754 207 7380
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Today, 10:07 AMSo I looked up a few of their account reps at Bluevine, and some of them have indeed moved on, but others have stayed on. That was pretty low to just cut us off without at least paying residuals on the existing files. It's within our contracts, but to use us as a springboard to merchants in and then just cut us off was pretty low. That being said, I don't think many brokers in our circles liked them as much as I did, since brokers were constantly stacking them or using them to double-fund and saying "you have a term product AND a LOC now!" when Bluevine would just cut off the LOC when they see the MCA there, so their broker channels were not probably very profitable.
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Today, 10:04 AMSounds like stand up bunch of people at Bluevine.
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Today, 09:51 AMIn your experience, How do trigger leads compare to UCC's?
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Today, 09:49 AMWe fund previous defaults if they have MCA pay history post default. As a general rule we require the default to be satisfied, but in some cases we'll fund an open default if they have good MCA pay history post default.
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Today, 09:44 AMA second position on seasonal business is the worst option with high factor rates and daily payments. I realize that is the mindset of most here but please consider looking at options that an offer monthly payments at much lower rates and payments. Cash out on equipment....maybe 20% and 3 years+ (fund in a week) Hard money real estate 1% a month interest only. Personal loan might be 12% monthly payment. As Elon mentoned A/R aging financing, cash from contracts are also better choice options.
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Today, 09:08 AMLooking for lenders who can fund previous defaults.
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Today, 08:49 AMI am looking for a lender where Merchants have had previous default in the past. 20k Monthly- defaulted over a year ago. no merchants loans since but paid off default 70k monthly- defaulted in the past currently has a first position that will be paid off in a few days 40k monthly - previous default
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Today, 07:58 AMHow long in business and what state?
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Today, 04:08 AMIf they have Equipment, AR, Contracts, or Real Estate and Cashflow then I may help.
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Today, 12:42 AMNeed a direct funder for a 2nd position. Construction. revenues declined by half due to winter and coming into busy season. 150K monthly. Need a 6-9 month term. Not interested in 1.4+ They currently average 150k monthly
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Yesterday, 11:13 PMHaving the same issue. Our iso rep is nowhere to be found. Would love help as well. We funded a deal the week they cut isos and have not heard anything from them.
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Yesterday, 09:52 PMI sent you a P.M. I would love to talk to your guy. In fact I hopped on here today looking for exactly what you posted. :)
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Yesterday, 09:19 PMdiditevenfund replied to a thread Interested In Building A Lead Generation Machine For Funder/ISO in Help Wantedspam it brother!
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Yesterday, 08:54 PMGrowthHacker replied to a thread Interested In Building A Lead Generation Machine For Funder/ISO in Help WantedBump- don't buy other peoples leads, build your own lead gen machine and scale more cost effectively and easier with your brand Lets get this done for you fast PM text: 631-309-2323 LI: https://www.linkedin.com/in/edmcgilley/ email: leads@b2bleadgenmachine.com
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Yesterday, 06:19 PMyeah bluevine is ****ing us all, I wonder if they laid off everyone doing ISO relations
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Yesterday, 05:33 PMBluevine sucks the big one.
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Yesterday, 05:06 PMThis is why brokers should not co-broker deals with brokers they do not know and fund with brokers none heard of and have hardly any online presences.
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Yesterday, 04:58 PMThis son of a ***** ****ed us on a 24k commission and disappeared. Ryan Anderson. Syndicates with newco. He put his website down the day after I started this post. We're trying to find him to sue him. Anyone else get ****ed in the A by this guy?
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Yesterday, 04:54 PMThis get fixed?
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Yesterday, 04:47 PMThis is not the first time that Sean's been working with information from the forum to write Debanked articles. https://debanked.com/2024/05/the-long-running-mysterious-fraud-in-the-small-business-finance-industry-and-how-to-defend-yourself/
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Yesterday, 04:43 PMbarb replied to a thread Looking to connect with ISO/Brokers in White Plains in Merchant Cash AdvanceThanks for pointing that out, I thought i had put it in there.