Results 26 to 46 of 46
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08-22-2017, 09:36 AM #26
- Join Date
- Oct 2016
- Posts
- 4,318
Do you accept personal bank statements?
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08-22-2017, 10:43 AM #27
- Join Date
- Jul 2015
- Posts
- 1,202
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08-22-2017, 10:54 PM #28
- Join Date
- Apr 2014
- Posts
- 781
Gmail..hump..a..dump
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08-23-2017, 12:11 AM #29
- Join Date
- Jul 2015
- Posts
- 1,202
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08-23-2017, 08:04 AM #30
- Join Date
- Feb 2017
- Posts
- 3,463
I've got a client with an 580 FICO on all 3 bureaus, a BK and a judgement from an MCA company, so he's not a good fit for an MCA. He's looking for a long-term LOC solution with 1% I/O payments for about 10 years. No collateral, cannabis industry.
Do you guys think you can do something?
Also, I have another client with an 800+ FICO everywhere, with strong banks, no positions. Can you guys help me close him for a 1.49 over 3 months?
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08-23-2017, 09:18 AM #31
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
can we get a sammich with our commissions
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08-23-2017, 09:24 AM #32
- Join Date
- Jul 2015
- Posts
- 1,202
^ AB, both of these files qualify for our fast-track premium program. We also just pre-qualified them for our inverted consolidation program once we help them get up to three or more positions with our strategic funding partners.
Do they have real estate?
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08-23-2017, 09:38 AM #33
- Join Date
- Jul 2015
- Posts
- 1,202
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08-23-2017, 12:00 PM #34
- Join Date
- Feb 2017
- Posts
- 3,463
Do you guys backdoor anything? I've been backdooring my boss who's been stacking with pinpoint precision and care, and if word gets out to the wrong funders in the wrong order after the deal has been funded in the right order, I won't hear the end of it.
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08-23-2017, 12:48 PM #35
- Join Date
- Jul 2015
- Posts
- 1,202
Our backdoor portal is first class. We have the top closers in the industry ready to cherry pick deals and forward them to the Go Dark Department to be held for 2-3 days.
Then we close the deal with explicit instructions to the merchant to never speak with a broker again. Works quite well especially since we have changed names so many times and have so many affiliated funders under our umbrella that it is impossible to track.
Did I mention that we are hiring? Send your resume over, you have the right attitude.
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08-23-2017, 12:53 PM #36
I hear you guys will purposefully double fund a business the same day as another funder, with a no stacking clause in your contract, and immediately file the COJ when the merchant bounces 1 payment, due to breach of contract. Any truth to that?
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08-23-2017, 01:21 PM #37
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
HDF is having a Trump sized meltdown
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08-23-2017, 05:15 PM #38
- Join Date
- Jul 2015
- Posts
- 1,202
Yes, that's is the core philosophy driving our new Default Defense Department. The DDD offers advice on how to circumvent the covenants in your signed contracts with other funders. Offered for at $499. plus 85% of payment savings. And an attorney service charge of course.
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08-23-2017, 06:42 PM #39
- Join Date
- Mar 2016
- Posts
- 657
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08-23-2017, 07:27 PM #40
- Join Date
- Jul 2015
- Posts
- 1,202
Love them. Tier 1 industry here. Why?
Renewals!: Since they change names, "close" doors, spend very little on marketing and training ISOs, they hold the golden egg. We start them at a 1.05 weekly 18 months.
Key metric: Delivered ISO agreement ratio. Since 90% of ISOs don't get a signed agreement back from the funder with a binding signature it's game on! If an ISO has a dispute or we close down? - BOOM no contract. If the funded funder needs a contract to pursue their interests in a matter? They can sign at the time of need at their leisure.
We prefer the highest risk funders over the prime paper guys. (the other guys tend to have computer systems, fax machines, docusign, spell-check, and tight underwriting.) A paper is a drag.
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08-23-2017, 08:21 PM #41
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
I heard about your "Double Net Program" where you fund "double" of what the Merchant actually nets, is that program still available?
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08-23-2017, 09:26 PM #42
- Join Date
- Jul 2015
- Posts
- 1,202
Yes, usually reserved for brokers that skipped out for a cigarette or a drink during their 5 minute initiation training by their manager at their shop. Commonly known as the "Double-Dip" or "Re-up". Favored by the lazy who won't and can't address the APR & Total Cost of Capital question. We recommend this advanced "closer" sales pitch: "Do you want more money or not?" (Most frequent source for our Default Defense Department)
Don't hang up the phone until they say yes!!
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08-30-2017, 01:41 PM #43
- Join Date
- Jun 2017
- Posts
- 14
We fund Puerto Rico!
Loan Amounts: Minimum $10,000-$1,500,000
Terms differ on a case by case scenario as well as rates.
Terms for 1st position deals 8-12 months.
Terms for 2nd position deals 5-9 months.
No collateral is required, all of our funds are unsecured!
Restricted Industries:
Car Sales.
Financial institutions.
Insurance agencies.
Typical client profiles:
Restaurants, Supermarkets.
Hotels, Quick marts.
Gas stations, Retail.
Wholesale, Distributors of all sorts.
Manufacturers and much more.
You can become a partner at www.wefundpr.com
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04-03-2018, 11:57 AM #44
- Join Date
- Mar 2018
- Posts
- 2
We fund Puerto Rico! We generally do mostly 1st and 2nd positions. We’re quick on presenting approvals and we go out for 12 months while other lenders are maxing out at 6-8 month terms. We’re looking to sign up more ISO’s who are looking to tackle the Puerto Rico market aggressively.
PR Funding Corp.
Phone. 305-721-3007
Email. info@wefundpr.com
www.WeFundPR.com
Hours of operation: Monday - Friday 9 A.M. - 7 P.M. Eastern Time
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04-08-2024, 03:01 PM #45
- Join Date
- Feb 2017
- Posts
- 3,463
Resurrecting this thread! This was one of the classic ones I can't forget.
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04-08-2024, 05:06 PM #46
- Join Date
- Apr 2023
- Location
- New York, NY
- Posts
- 29
Blackbridge Investment Group
Accepting New ISOs !
Book an intro call with us at a time that works for you here
Apply to be an approved ISO here
Fast underwriting, quick payouts, professional service
p: (212) 655 9604
a: 450 7th Ave, 6th Floor, New York, NY 10123
www.bbigm.com