Ace Funding and Merchant Advance are the same company...
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  1. #1

    Ace Funding and Merchant Advance are the same company...

    ..
    Last edited by maryjanice2000; 09-14-2018 at 12:23 PM.

  2. #2
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    White labeling is a real SOB if you don't know what to look for.

  3. #3
    They do white label for ISOs. My question is why do they act as these companies are not the same?

  4. #4
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    edit
    Last edited by MidnightAdvance; 03-30-2018 at 01:39 PM.
    High risk paper

  5. #5
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    Quote Originally Posted by maryjanice2000 View Post
    They do white label for ISOs. My question is why do they act as these companies are not the same?
    Aren't they white labeling Ace's product? The point of white labeling is to make it look like you're the direct funder even if you're only putting in a small amount.

  6. #6
    It is pretty simple you fund a deal for iso x then 3 days later have your partner call from as a new broker and fund him again under the other brand this time not paying the original iso who submitted the file.

  7. #7
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    I’ll ask my people who these funding names belong too they got these figured out like an F16 Pilot on the side of air force one on a cloudy night (that’s a metephor — don’t want anyone breaking down my door). But it’s not Our job to expose what bad actors do ... so i won’t be posting it in here.
    Last edited by mcaguru; 03-30-2018 at 12:58 PM.

  8. #8
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    Quote Originally Posted by mcaguru View Post
    I’ll ask my people who these funding names belong too they got these figured out like an F16 Pilot on the side of air force one on a cloudy night (that’s a metephor — don’t want anyone breaking down my door). But it’s not Our job to expose what bad actors do ... so i won’t be posting it in here.
    So...you're telling us that you WON'T tell us anything. Geez, thanks for nothing

  9. #9
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    Quote Originally Posted by maryjanice2000 View Post
    Why do companies fund under different names? And do y'all know of any others that do?
    Easyier to steal your deal!

  10. #10
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    Quote Originally Posted by maryjanice2000 View Post
    Why do companies fund under different names? And do y'all know of any others that do?
    you would be surprised at some of the larger funders out there how many entities (mostly incorporated in delaware) are setup. the reasons can range from staying under the radar, to using multiple brand names to capture broker business once a bad name surfaces on one entity, to, outright stealing of business. such a shame..

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