Yet again my deals sits i underwriting for 3 days only to be back doored !!
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  1. 04-26-2018, 09:35 AM #1
    kingcash555
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    Yet again my deals sits i underwriting for 3 days only to be back doored !!

    DO THE RITE THING BEFORE I EXPOSE YOU
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  2. 04-26-2018, 09:37 AM #2
    WestCoastFunding
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    Don’t send files to white labelers claiming to be B-F funders.
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  3. 04-26-2018, 10:16 AM #3
    kingcash555
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    Never again !!!
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  4. 04-26-2018, 10:38 AM #4
    Christian
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    Release the memo!
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  5. 04-26-2018, 01:04 PM #5
    rockingfunder
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    Quote Originally Posted by kingcash555 View Post
    DO THE RITE THING BEFORE I EXPOSE YOU
    kingcass555, that won't happen with me. Give me a call 610-613-9853

    zack@riveradvance.com
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  6. 04-26-2018, 01:42 PM #6
    LJH365
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    We need a separate section for this crap it happems so frequently.
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  7. 04-26-2018, 01:44 PM #7
    rockingfunder
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    Quote Originally Posted by LJH365 View Post
    We need a separate section for this crap it happems so frequently.
    ditto
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  8. 04-26-2018, 02:05 PM #8
    Lmonus
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    I always preach safety > everything. Sign up with the safest house in the game.

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-219-5826
    Lmonus@cfgms.com
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  9. 04-26-2018, 02:18 PM #9
    UniqueD
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    You can definaltey trust Unique Funding, Plus we will get you responses in 25-30 min. Even during end of the month craziness.

    Daniel Salamon
    Unique Funding Solutions - UFS
    Direct: 718-475-7656
    Email: Dan@ufsfunding.com
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  10. 04-26-2018, 02:20 PM #10
    TheFunda
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    Quote Originally Posted by kingcash555 View Post
    DO THE RITE THING BEFORE I EXPOSE YOU
    Odds are your deal was not stolen. Your merchant wanted money and you did not get it done fast enough so he went shopping.
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  11. 04-26-2018, 02:23 PM #11
    AdvanceFund
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    It's simple, the larger the funding company - the more ISO reps in particular - the more backdooring.
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  12. 04-26-2018, 03:07 PM #12
    swiftcloser
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    ....
    Last edited by swiftcloser; 01-28-2020 at 10:07 AM.
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  13. 04-26-2018, 03:11 PM #13
    MCNetwork
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    That's right. If brokers are easily being backdoored then they never developed any rapport with the client to begin with. Learn how to manage the relationship properly! That's why I can't get backdoored...
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz
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  14. 04-26-2018, 03:14 PM #14
    Michael I
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    please . merchant can be your own mother , if the lender calls her direct and offers her 12% cheaper on a 100k deal , she will say i love you son but it is $12,000 dollars that they are saving me .
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  15. 04-26-2018, 03:18 PM #15
    fundingsmbs
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    not always. I have seen some reps that not even renewals can connect with the merchant. they have complete control over the relationship no matter what. it's amazing, but, true. drives the funder crazy but the rep inserted themselves in between so the merchant only goes to them for advice.
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  16. 04-26-2018, 03:32 PM #16
    MCNetwork
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    Exactly. My merchants tell me when someone's trying to backdoor me and I put a stop to those shenanigans.
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  17. 04-26-2018, 04:00 PM #17
    CashCat
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    Who is it? We all need to know!!
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  18. 04-26-2018, 04:10 PM #18
    Happy Horse Shit
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    Just Ask Yourself--What Would Karen Do?
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  19. 04-26-2018, 04:20 PM #19
    Karen37a
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    Quote Originally Posted by Happy Horse **** View Post
    Just Ask Yourself--What Would Karen Do?
    urgg ...karen is tired

    She would call up happy horse**** and say...u better give me 30 million or help !
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  20. 04-26-2018, 04:33 PM #20
    Don Dolla
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    IMO you don't have enough leverage in the industry to get the high risk deals done .... you need to partner with a more serious high risk player in the game and be loyal. It's very hard to find a good honest high risk home, i know this through alot of trials and tribulations. The real thing about backdooring that nobody says out loud is this: if you're getting backdoored, you have no business submitting high risk deals. PM for real help and we can chat
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  21. 04-26-2018, 04:49 PM #21
    Nunya
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    Quote Originally Posted by Don Dolla View Post
    IMO you don't have enough leverage in the industry to get the high risk deals done .... you need to partner with a more serious high risk player in the game and be loyal. It's very hard to find a good honest high risk home, i know this through alot of trials and tribulations. The real thing about backdooring that nobody says out loud is this: if you're getting backdoored, you have no business submitting high risk deals. PM for real help and we can chat
    Cue Marcus...
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  22. 04-26-2018, 05:15 PM #22
    swiftcloser
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    .....
    Last edited by swiftcloser; 01-28-2020 at 10:06 AM.
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  23. 04-26-2018, 05:28 PM #23
    Karen37a
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    Quote Originally Posted by Nunya View Post
    Cue Marcus...
    lol
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  24. 09-12-2018, 03:47 PM #24
    ohhstackystacky
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    Is there an active/running list of reputable lenders and white label lenders?
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  25. 09-12-2018, 04:38 PM #25
    fundingsmbs
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    nope. you will learn from trial error. we tried using in past a few folks recommended only to have a bad outcome. also, just because someone advertises doesn't make them reputable. the more they claim to not be like others, the worse it usually ends up.
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