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12-14-2017, 02:26 PM #1
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- Mar 2014
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- 86
coj is the easiest way to check, if a company is doing a white label, it wouldnt have there full entity name on the coj
some of the points here about white label are very true, about 30 million a month gets put on colonials platform.
some of the most reputable companies in the industry use colonial as a platform to fund on
At our company we happened to have set up our own processors and crms to fund through. I didnt find it super complicated. all though getting approved for a ach processor as a new company can be difficult
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12-14-2017, 02:41 PM #2
- Join Date
- Jun 2017
- Posts
- 2,049
White Labeling and Using a Platform is totally different - is what im saying.
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12-14-2017, 02:45 PM #3
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- Jun 2017
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12-14-2017, 05:03 PM #4
- Join Date
- Mar 2014
- Posts
- 86
I would say the difference is as follows
some companies have there own underwriters etc, they just use another persons platform, i cant speak for vital as i do not know.
The white label that people should avoid, are companies that dont underwrite but simply piggy back off of others underwriting and are just regurgitating someone elses approval on paper that appears to be theirs.
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