Reverse Consolidation - Page 2
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  1. #26
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    Quote Originally Posted by AlfaSam View Post
    Hey we actually offer reverse consolidations for any over leveraged merchants you may get. You can reach out to me to 305-570-1925 and I can explain how it works and how you get paid. Have a good one.
    These guys direct funders?

  2. #27
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    Quote Originally Posted by happyman View Post
    my experience with par is that if the deal is small, they will give u ur comm no problem. when comm is a bit larger u have to put up a little fight.

    also, they wont tell u if they renew with your merch. again, this is just my personal experience.
    Your saying par has tried to not pay you commissions on deals? Ive lost renewals to them and stopped working w em, but they actually wont pay a large commission the first time its funded?

  3. #28
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    Quote Originally Posted by ISO man View Post
    They are direct. It's Silverline Funding. They do nice reverses. Contact sam@silverlinefunding.com
    Which of them is direct? Silvercup or crown?

  4. #29
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    Quote Originally Posted by Zonefund View Post
    Your saying par has tried to not pay you commissions on deals? Ive lost renewals to them and stopped working w em, but they actually wont pay a large commission the first time its funded?
    I got beat out of a 19k commission on a reverse I did with him last year. 963k deal. Luckily the universe works in ways where those who screw me end up getting it much worse in the end. The merch defaulted with a 450k balance.

  5. #30
    Very similar model to Par but we have done many deals that Par would not have done.
    For MCA's:
    Our specialty is 2nd-3rd positions, short term (15-20 Weeks) Weekly Offers.
    Low rates: From High teens to low 20's BR
    We want to build a relationship with the customer and instead of going out 12 months on offers we offer incredible rates and will give more capital every 2 months.

  6. #31
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    Quote Originally Posted by DTFdowntofund View Post
    I got beat out of a 19k commission on a reverse I did with him last year. 963k deal. Luckily the universe works in ways where those who screw me end up getting it much worse in the end. The merch defaulted with a 450k balance.
    1st time funded, and they didn't pay you? Or was it a renewal?

  7. #32
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    Quote Originally Posted by JP Funding Group View Post
    Very similar model to Par but we have done many deals that Par would not have done.
    For MCA's:
    Our specialty is 2nd-3rd positions, short term (15-20 Weeks) Weekly Offers.
    Low rates: From High teens to low 20's BR
    We want to build a relationship with the customer and instead of going out 12 months on offers we offer incredible rates and will give more capital every 2 months.
    Which funder are you?

  8. #33
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    Quote Originally Posted by Zonefund View Post
    1st time funded, and they didn't pay you? Or was it a renewal?
    1st ever funding. And I had a great 'relationship' with the owner, and the merchant. Word of friendly advice.. try premiere or fundkite for reverses. At least they pay.

  9. #34
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    I don't know what others' experiences have been, but Par paid me quickly for the reverse I did with them (all of it, up-front), and they are paying me on the smaller weekly one. Everything within 3 days, via wire.

  10. #35
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    Quote Originally Posted by DTFdowntofund View Post
    1st ever funding. And I had a great 'relationship' with the owner, and the merchant. Word of friendly advice.. try premiere or fundkite for reverses. At least they pay.
    Did they send you a funding email?

    Why did you not sue them??

    I never heard of that. Renewals stolen, yes, but what the hell?

  11. #36
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    Quote Originally Posted by Zonefund View Post
    Did they send you a funding email?

    Why did you not sue them??

    I never heard of that. Renewals stolen, yes, but what the hell?
    Nope. Had to hear from the merchant that they funded. Personally bit the bullet on this one after gettin threats from the owner.. was a very muddy / messy scene when we were through. Turned out merch defaulted on him for 450k so that felt like a win. But u know what.. comes w the territory. I got beat on a 24k commission from WBL last year too. Grimy ass biz we in. But we are able to make bank like no other profession, and sometimes when u open the floodgates for the good, u let the bad in too.
    Last edited by DTFdowntofund; 05-18-2019 at 03:48 AM.

  12. #37
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    Quote Originally Posted by mikem View Post
    In the last few weeks we've done a 1MM, 800K and 400K reverse. We have an additional 1MM pending right now funding tomorrow. Not many funders approve such high dollar amounts. Cant compete with Arcarius rates though. Rates range from 1.40 to 1.49 with us. Feel free to PM me if you need any assistance.
    You'd make 7 points on each disbursement.
    Mike, which funder are you?

  13. #38
    Quote Originally Posted by Zonefund View Post
    Mike, which funder are you?
    Think that is Premier

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