Anyone know anything about this company?
They Claim to do Bi-Weekly Payments
FICO Minimum 680
1st Position Only
Min 10 deposits per month
Anyone have any experience with this company or had any success?
Printable View
Anyone know anything about this company?
They Claim to do Bi-Weekly Payments
FICO Minimum 680
1st Position Only
Min 10 deposits per month
Anyone have any experience with this company or had any success?
Total Merchant Resources. They did a deal on Shark Tank. No experience with them.Quote:
Originally Posted by FUND3R1
I know who they are, I know they did a deal on Shark Tank. I just want to know if anyone has funded with them, and what their reputation is.. and if anyone has experience doing a bi-weekly payment with them.Quote:
Originally Posted by freeprocessing
THEY TOOK AN AWFUL DEAL ON SHARK TANK.
That should tell you something.
Wasn't it like $250K for 50% of the company, or something like that?Quote:
Originally Posted by ryan $
Makes Sense.Quote:
Originally Posted by ryan $
They suck. I've sent them some quality deals they declined and got approved elsewhere...
God awful deal. 500k valuation?! Idiots. I know a company that sold for 50 million in 2014 to PE and they were funding 6 million a month at the time. The CEO/CFO were laughing when they heard about this deal on Shark Tank.Quote:
Originally Posted by ryan $
The deal wasn't great but they're still receiving leads and new business from that episode.
www.UccRadar.com
yeah but 50% goes to Kevin? Sheesh, I would much rather trust myself to earn that kind of money. Especially in an industry that is already blowing up.Quote:
Originally Posted by Franklin
Quote:
Originally Posted by pcfunder
Well you're right, but their currently is no deal with Kevin and TMR. O'Leary Ventures actually has an endorsement and licensing agreement with IOU Central, so TMR doesn't pay Kevin anything.
www.UccRadar.com
200k for 50%
AND THIS IS BACK IN THE DAY!
100k in CC Processing Residuals a Month just from Funded deals DAY!
I like this company and funded good deals with them. They have smart underwriting and pay bonus points once a deal is paid off
I worked with TMR a lot, and they have been great.They're very attentive with the underwriting. In regards to their payment structures , I do know they have a 2 or 3 (rather than 5) times a week payment available for certain deals. I highly recommend working with them :) Ask for Scott and he'll take care of you.
Contact Scott Platto - https://www.theconfidentbroker.com/m...rectory/tmrnow
First off the owners of the company backed out of the deal with Kevin because it was 50% of the company for 200k. He did not want to offer to do things like he mentioned during the tapping so the deal did not go through. Anyone out there that is talking crap about the episode are just jealous because if they could of gotten on that show to get one of the sharks as a partner they would jump on it. Since our deal fell through Kevin invested with iou who was possibly going into bk so I guess iou is stupid. Before the i Democrats not we had payments that are daily 3 times a week 2 times a week and even twice a month. We may have those programs back when things settle finally. We have cc splits direct or lock boxes. We are still paying out 13-15 points with our completion bonuses still.
is that even english?Quote:
Originally Posted by closer129
Sounds like Scott is hyped.Quote:
Originally Posted by pcfunder