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  1. #26
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    Quote Originally Posted by happysales View Post
    If a call center is calling on your behalf and getting an app what is wrong with that? If you have in house people as IC's you are doing this all day long.
    Or am I missing something here?
    As it applies to the OP, the applicant did not consent to have their most private personal and business information peddled like some other mundane commodity on the web. Major no-no.

    Nor should apps and documentation be sold between funders.

  2. #27
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    Quote Originally Posted by HDF View Post
    As it applies to the OP, the applicant did not consent to have their most private personal and business information peddled like some other mundane commodity on the web. Major no-no.

    Nor should apps and documentation be sold between funders.
    Read the fine print at the bottom of many funding applications. The merchant's signature provides consent for cash advance companies to do exactly this.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  3. #28
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    Quote Originally Posted by MCNetwork View Post
    Read the fine print at the bottom of many funding applications. The merchant's signature provides consent for cash advance companies to do exactly this.
    Like I said. They shouldn't.

  4. #29
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    And funders shouldn't stack each other. Welcome to the wild west of cash advance.
    Last edited by MCNetwork; 08-26-2017 at 11:37 AM.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  5. #30
    Karen37a
    Guest
    It is perfectly legal for someone to be a broker and work for an Iso or Funder/Lender out of the basement of their house ...

    There are others ways to structure compensation that is legal for leads/deals


    I had Licenced brokers doing mortgages/insurance out of 7 locations...some part time, some full time, some with home offices. 80 % of them show up for meetings and coffee and to say rah rah sis boom bah, this is going to be my month, watch my smoke .... then they blank again

    I have an ex-mca broker/independent iso who is now an Uber driver who has business cards,sending me 3-5 deals a year...big deal

    This isn't rocket science...the liability goes to the Iso/Funder...compliance...make sure the guy doesn't say " guarantee" etc

    Do you even want the hassle of someone sending deals that are probably unfundable? Leads that are worthless?
    Forget the uccs #s geezus you can REALLY call Manta/Yellow pages

    He will have to be trained...call center trained etc. ...Just open up another office on another floor.

    Why cut THEM in to YOUR time.
    Last edited by Karen37a; 08-28-2017 at 11:56 AM.

  6. #31
    Karen37a
    Guest
    some brokers/Isos think they are the cats meow and worth something and people let them think it because they were just glorified telemarketers who lose control of the sales in 14-30 days and someone funds without you.( either legally or thru backdooring)

    Why would anyone need a call center when people are sending deals ( and they cant close) after creating an LLC 2 days in the Financial Industry.

    And I was mostly silent thru it all.Except for a few implosion warnings, debates.It was hard to watch.

    4 market crashes you think Id be used to it.
    Last edited by Karen37a; 08-28-2017 at 12:21 PM.

  7. #32
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    Quote Originally Posted by Karen37a View Post
    some brokers/Isos think they are the cats meow
    Please ban Karen for saying "cats meow". It's unacceptable.

  8. #33
    Karen37a
    Guest
    lol

    pinky ring lingo for you...the Sha zizille, ma nizzle
    Last edited by Karen37a; 08-28-2017 at 12:31 PM.

  9. #34
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    Please ban Karen for saying "cats meow". It's unacceptable.
    At least she isn't selling Yeezys

  10. #35
    Karen37a
    Guest
    not yet...Id better close

    "baller shot caller"


    I just bought a new bmw...we are not going anywhere...the brokers that are left will rise again...my friends money are still on the side...not touched
    Last edited by Karen37a; 08-28-2017 at 12:58 PM.

  11. #36
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    ..
    Last edited by WeAdvanceNow; 01-16-2019 at 02:49 PM.

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