[The Chosen One]

Karen, what are you on?

[Karen37a]

Karen, what are you on?

Life...sales...coffee and fundings

[Karen37a]

If you want to give someone a draw vs commission to start thats fine...with production goals and you cut them off after 30/60/90 days.

There are brokers who made their way from iso to iso sucking up the draw...going to the next isos complaining about the last...90 days ... draw...complain about last iso...on and on their whole life

Problem with the draw is the 80/20 rule. 20% of the sales force does the most work and is "in essence" going to be paying those draws with a reduction in commission because the money has to come from somewhere.

30 salespeople @500 a week = 60k per month

$300 = 36k monthly

So now you screw over the top producers with 3% commission because lazy people won't pick up the phone.Or they have no sales skills.

To each their own

And then when /if those people create white label funders and try to get everyones sales...craziness breaks out ; its been horrible to watch, and you cant tell who you are doing business with sometimes until after the fact.

only touch the hot stove once..or learn from other people buring themselves

( I should have known better, i listened to some bs story of how the womans boyfriend and her broke up blah blah ...thats how I got involved with that default..i fell for it like a sucker, never ever again though)

And they did not break up...caught it before I let it go to funding

[Karen37a]

( I should have known better, i listened to some bs story of how the womans boyfriend and her broke up blah blah ...thats how I got involved with that default..i fell for it like a sucker, never ever again though)

And they did not break up...caught it before I let it go to funding

In Fact...I need to stop thinking about this because creating a new company to take out an advance is FRAUD. And I am just going to psych myself into psyco mode to go collect the money for the first 3 funders she screwd over.

Add...Its not even my money lol I hate people playing us for suckers

[MCNetwork]

You're quoting yourself now Karen? Lol

[Karen37a]

You're quoting yourself now Karen? Lol

lol

I told you to help me with paperwork a looooonggg time ago. I am losing my mind at this point. I did hire an IT person.

I really hate defaults,,,drives me bonkers


Add. At least I dont have to hear...."In the name of the law , produce your ex securities licence now, we demand it !!"

[WestCoastFunding]

Oh, Karen.

[Karen37a]

Oh, Karen.

I do hate defaults. Its one thing when a business goes under legitimately...but when you have these nasty sleaze bag merchants coming at you...then you have certain brokers who don't give a damn about funding them because they want commission...then you have the sleazebag white label who you told not to fund it and they do anyway...

Then the dui woman is being yelled at and stalked. And people think these merchants should get 1.18 or we are ripping them off...add in the term vertical, robust platform, esoteric scoring model... I have a degree, i graduated from phone calls...its really unbearable

See you all next week happy funding

[Karen37a]

As we speak Debt Relief just called my cell phone and hung up on me.

The Settle my debt people 516 636 0569

I asked what lawyer they are backed with she said "none of my business" asked her last name same response

[KansasKid]

As a merchant I wanted to give some quality props to Midnight Advance, they have been a great resource for our business. They back up their product and services. We recommend them highly for any merchant needs. Reach out to them if your in need of quick funding and professional service.

[R_Trains Delayed]

I submitted a deal to Midnight through an ISO Partner the deal was declined. Then I was told if the merchant paid existing default Midnight would fund. Midnight then went around me to my merchant. My Merchant then emailed me the entire thread including MTD and Proof of funding. I convinced my merchant to Pay the requested amount which would be taken out of the advance. Effectively closing the deal for Midnight. They regained some of the funds plus interest on the loan itself. I have not only contracts but I also have the entire thread between Midnight TOP EXEC and My merchant. At this point I will wait to see if Midnight reaches out and not name any names. If Midnight does not make this right then at that point I am going to make the entire thread Public with Proof of Funding through a third party LLC but requesting COJ go to @midnightadvance.com.Midnight is asking for these junk files and I do not work 10hrs a day for free. No one is answering the phones as of now.