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Have noticed these guys "SAUCHEEN FINANCING, LLC" pulling in several deals lately, often situations where most funders would not touch. What concerns me is that we had several merchants tell us they have no idea who that company is after noticing them pull from their account. Anyone else experience this?
shady **** man !!!
We've seen them pulling recently as well
Does this help?
https://unicourt.com/case/tx-hrc-sau...-singh-1084689
ive seen them as well and same merchant had no clue who they were or how to get in touch with them
-Miami address listed on their website is for a run down warehouse in North Miami.
-No business by their name registered in the state of Florida.
-If it a client of yours-Have their bank file s SAR and contact the FBI and/or the US Secret Service Cyber Crimes Lab in Miami.
KH
Also Flamingo Freedom Funding is located at the same address as them. Haven't heard about either of them but I've seen SAUCHEEN pulling recently. Ant Flamingo is not registered in the state of Florida too. That's so weird
Seen Flamingo debiting merchants accounts randomly recently too, small amounts with no specific pattern. Couple people seem to be doing that now hoping merchant won't notice.Quote:
Originally Posted by syavask
Possible they are collecting money from past due mca debt..as a collector??
The first thing their web-site says is that SauCheen Offers Merchant Cash Advance so I don't think soQuote:
Originally Posted by golf2014
I highly doubt they would just debit accounts randomly....not sure. Did they buy existing mcas to debit themselves ?? I know a group that funds the first 90 days then sells it
I’ve just figured out that they’re incorporated in Delaware in April, that’s the link: https://icis.corp.delaware.gov/Ecorp...ameSearch.aspx
The registered agent here is Harvard Business Services, Inc which is a Company registry. I’m not sure but isn’t that weird?
This company is very sus. I saw them pulling on several of our recent subs. I hope someone here can get to the bottom of this.
Having some past experience in this space in Miami myself I can tell you that it is a very commonplace practice for folks down there to incorporate in DE.Quote:
Originally Posted by syavask
And my guess is they're brokers who jumped ship from their ISO, whipped up an EIN, and are pulling off old PSF forms / VC they had from funding prior merchants on someone else's paper... or backdoored files. That's Miami for you man.. grime central. That's also the reason why people register in other states, FL has an atrocious record for MCA for reasons just like this.
Well the good news is the shop looks legit. https://www.google.com/maps/place/67...06488?hl=en-US
Attachment 2695 Argg.. having upload issues.
Spoiler alert: it's a broken down garage in Hialeah
20 bucks says they live at the Flamingo.Quote:
Originally Posted by syavask
And the rave reviews from past funded merchants? Inactive / not in biz since 2018 and the other isn't even real.
Yes, I'm bored.
https://florida.intercreditreport.co...c-p17000087521
"SauCheen" means "Get the money" in Chinese. Could the communists be working in the shadow behind all this to take over our industry?
Attachment 2696Quote:
Originally Posted by Cyrileskenazi
I knew I left that somewhere.....Quote:
Originally Posted by DTFdowntofund
From what I've heard this is Cyril from WG....
he posted aboveQuote:
Originally Posted by iawia_advanced
"SauCheen" means "Get the money" in Chinese. Could the communists be working in the shadow behind all this to take over our industry?
Last edited by Cyrileskenazi; Today at 01:32 AM.
Saw them in a deal the other month. There was another company that did a side-by-side deal, pulling as "Thebashagroup". The merchant said that it was the same company.
The merchant also gave a ZBL that had SauCheen's accounting department's number: 305-467-2123
https://www.mapquest.com/us/florida/...cing-370090112
Show up at 888 Biscayne Blvd Miami, FL
And then doing a search on the FL Corp search:
http://search.sunbiz.org/Inquiry/Cor...0P080000350300
Their president ESKENAZI, CYRIL is located at 900 BISCAYNE BLVD
If that's not enough, then here is WG and their phone number:
https://www.zoominfo.com/c/wg-financing-inc/346003087
You almost cracked the entire puzzle buddy!:)
Rainbow Advance
Basha Group
Atlantis
Saucheen
Energy Funding
Now if anyone has knowledge of one merchant complaining about some fishy random debits in their bank accounts from any of the above, then please post their company name here. We'll be more than happy to show you that these are nothing but random.
I've personally dealt with one in the last month. Pretty scummy imoQuote:
Originally Posted by Cyrileskenazi
Im in a deal that i see Saucheen and Rainbow double fund and so far i see Atlantis Capital Advance pulling.Quote:
Originally Posted by Cyrileskenazi
To make it more confusing, i saw WG put in money and pull it right out
Hey Mark,
Could u please tell me which deal is that? Double funding, that we often do. However, to the best of my knowledge, "put money in and pulling it right out" never occurred even one time.
Feel free to call or email me.Quote:
Originally Posted by Cyrileskenazi
not gonna put a deal on full blast.
just to clarify for everyone - do you usually fund 1 merchant under 2 names and pull under separate names?
Saucheen is WG Financing