Over the top Sub Prime backdooring-MIDNIGHT-BEWARE - Page 4
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  1. #76
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by NoBigDeal View Post
    So you see the cost justifies the service
    Wow It seems I missed some action??

    Some strong accusations, but I dont have to worry about that as I fund with funders that know me and I have a serious track record with. But by all means if your not taking precautions with your file than its just up for grabs from the least expected

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  2. #77
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    Entenmann’s chocolate chip cookies > Dunkin’s Breakfast sandwiches > Dunkin’s donuts > Entenmann’s donuts.

  3. #78
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    Quote Originally Posted by WestCoastFunding View Post
    Entenmann’s chocolate chip cookies > Dunkin’s Breakfast sandwiches > Dunkin’s donuts > Entenmann’s donuts.
    oh your poor arteries

  4. #79
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    Hahaa. I’m going off what I remember as a kid on the east coast. Now I’m a vegan out west.

  5. #80
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    West Coast, you say? Wouldn't have guessed

  6. #81
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    Quote Originally Posted by WestCoastFunding View Post
    Hahaa. I’m going off what I remember as a kid on the east coast. Now I’m a vegan out west.
    I don't know how you do the vegan thing, bacon blue cheeseburgers are my absolute favorite lol

  7. #82
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    Quote Originally Posted by nrh1lp View Post
    I don't know how you do the vegan thing, bacon blue cheeseburgers are my absolute favorite lol
    I’ve always been a health but was skeptical of the vegan thing until I met this pretty 25 year old vegan.

  8. #83
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    Quote Originally Posted by RichardGerard View Post
    We were handed a file for a growing Logistics entity doing 300-500k per month with horrible balances and negative days. Being that the receivables were not leveraged we sent it out to a few Sub Prime shops and told them that if you get the client some short term capital, we have had conversations with competitive AR groups that would take out their high risk position shortly.

    Spoke to the CEO's/Owners of the group(s), and produced documentation showing that the client was not in contract with another factor/ABL shop. Received a soft offer, then had contracts sent. Before the client could send back contracts, the client received contracts (WE HAVE THE EMAIL TRAIL THAT LEADS BACK TO SOLOMON at MIDNIGHT) for a higher amount from another funder- who gave Midnight the permission to White Label on their paper the day before.

    Question is: is saving the $5000 in commission worth everyone knowing that you're not worth dealing with? If we were to look at the APR on this deal, the Funders return on Investment would be over 100%. Is that not enough?

    We were charging our ISO only for our time- and he was to make the Lion's share of the commission- our play was the AR deal on the back end.

    Since this happens all the time I wonder how many times people on this Blog have been messed with..
    I wonder why you would scam a funder in taking a first position deal, when you know the deal is getting funded by another funder, for a $5000 commission you would ruin your reputation on this forum??
    High risk paper

  9. #84
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by MidnightAdvance View Post
    I wonder why you would scam a funder in taking a first position deal, when you know the deal is getting funded by another funder, for a $5000 commission you would ruin your reputation on this forum??
    yep if an ISO does that any other bank on here will think twice about working with them if they did that. It goes both ways, the ISO's learn what banks they should work with and the banks learn what ISO's to stay away from.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
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    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  10. #85
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    Quote Originally Posted by MidnightAdvance View Post
    I wonder why you would scam a funder in taking a first position deal, when you know the deal is getting funded by another funder, for a $5000 commission you would ruin your reputation on this forum??
    From my understanding, Richard sent the deal to a broker, who then sent it to you. You then backdoored it to YSC. It seems they went to TVT to get around your YSC contract, but then you got blasted and came back and offered money. The broker then may have double-funded.

    Is that correct? If so, not sure how that’s on Richard, nor do I see how that absolves you? Someone sent you a deal, and you then backdoored. If that’s not the case, please explain. You had a chance to explain yesterday but you kept giving excuses why you didn’t want to talk about it in public. Today, you’re all “publicky” acting. How about some clarity?

  11. #86
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    Quote Originally Posted by MidnightAdvance View Post
    I wonder why you would scam a funder in taking a first position deal, when you know the deal is getting funded by another funder, for a $5000 commission you would ruin your reputation on this forum??
    What is the ISO name Midnight Advance?

    As it seems already your reputation is getting hammered!!!

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  12. #87
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    Quote Originally Posted by WestCoastFunding View Post
    I’ve always been a health but was skeptical of the vegan thing until I met this pretty 25 year old vegan.
    I'm never dating a vegan again. They fart way too much.
    Archie Bengzon
    Jumpstart Capital
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  13. #88
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    Quote Originally Posted by MCNetwork View Post
    I'm never dating a vegan again. They fart way too much.
    Haha. 100% true

  14. #89
    Karen37a
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    Midnight Advance give me a call tomorrow.

    and if you haven't seen Elizabeth plastered all over the place...ill pm you and calling in the Am

  15. #90
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    https://debanked.com/2018/04/caught-...-to-handcuffs/

    do these people do background checks? second employee caught in a felony?

  16. #91
    Karen37a
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    Quote Originally Posted by fundingsmbs View Post
    https://debanked.com/2018/04/caught-...-to-handcuffs/

    do these people do background checks? second employee caught in a felony?

    She might not have had a criminal background...and this is her first crime...or the first time caught. Or maybe she did...who knows
    Last edited by Karen37a; 04-03-2018 at 07:18 PM.

  17. #92
    Karen37a
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    Bernie was the former chairman of the NASDAQ stock mark. Would you have hired him?


    Bernie.jpg42[/ATTACH]

  18. #93
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    Quote Originally Posted by fundingsmbs View Post
    https://debanked.com/2018/04/caught-...-to-handcuffs/

    do these people do background checks? second employee caught in a felony?
    Bravo Isaac. Good job

  19. #94
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    Quote Originally Posted by Karen37a View Post
    Midnight Advance give me a call tomorrow.

    and if you haven't seen Elizabeth plastered all over the place...ill pm you and calling in the Am
    Oh do you have a story of something they did to you, that your bringing back this damming thread on them .
    I am getting the popcorn out

  20. #95
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    Karen don't send us deals anymore, I don't need them Thanks!
    Last edited by MidnightAdvance; 04-03-2018 at 08:56 PM.
    High risk paper

  21. #96
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    This is a great industry.

  22. #97
    Karen37a
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    Quote Originally Posted by MidnightAdvance View Post
    Here's the deal - we get a deal in from 10+ brokers called B*** B** for our default program.
    Turns out this guy defaulted on us a few months ago and switched entities. He owes 22k
    I call the merchant, blasting him why he's playing these games, and expecting us to fund him again..
    Bottom line, we worked out a deal with the merchant directly, and no I'm not paying commissions on this deal to the 10 plus brokers who sent it in.

    The guy owes us $22k

    BTW Karen don't send us deals anymore, I don't need them Thanks!


    i dont know what this means you backdooring retard in an old office garbage dump.

    You passed off a deal to someone ...the ONE i sent that was a default from one of my isos...i pulled it back because the biatch is going to default on you again

  23. #98
    Karen37a
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    So you backdoored a default you dummy

  24. #99
    Karen37a
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    And stop acting like Mr Big stuff ...the one kid that was supposed to be my rep quit for lack of deals and commission and you are sitting there with ONE person.

    I guess you dont care who you pass it off to...i told them that you passed a default as well after i told you the biatch is going under

    I tried to be nice

    I bet thats why you are always scanning the cojs ....trying to STICK someone with defaults before someone see them...

    you think you are playing around with idiots with your fake contacts and 200k no stip deals
    Last edited by Karen37a; 04-03-2018 at 09:05 PM.

  25. #100
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    Don't send us deals. We're backed up, funding deals for ISOs who appreciate our funding programs.
    High risk paper

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