Results 1 to 25 of 38
-
04-26-2018, 09:35 AM #1
- Join Date
- Apr 2018
- Posts
- 94
Yet again my deals sits i underwriting for 3 days only to be back doored !!
DO THE RITE THING BEFORE I EXPOSE YOU
-
04-26-2018, 09:37 AM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Don’t send files to white labelers claiming to be B-F funders.
-
04-26-2018, 10:16 AM #3
- Join Date
- Apr 2018
- Posts
- 94
Never again !!!
-
04-26-2018, 10:38 AM #4
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 463
Release the memo!
-
04-26-2018, 01:04 PM #5
- Join Date
- Sep 2016
- Posts
- 99
kingcass555, that won't happen with me. Give me a call 610-613-9853
zack@riveradvance.com
-
04-26-2018, 01:42 PM #6
We need a separate section for this crap it happems so frequently.
-
04-26-2018, 01:44 PM #7
-
04-26-2018, 02:05 PM #8
- Join Date
- Mar 2016
- Posts
- 908
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
-
04-26-2018, 02:18 PM #9
- Join Date
- Mar 2018
- Posts
- 9
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
-
04-26-2018, 02:20 PM #10
- Join Date
- Jun 2016
- Posts
- 39
-
04-26-2018, 02:23 PM #11
- Join Date
- Jun 2016
- Posts
- 416
It's simple, the larger the funding company - the more ISO reps in particular - the more backdooring.
-
04-26-2018, 03:07 PM #12
- Join Date
- Nov 2016
- Posts
- 166
....
Last edited by swiftcloser; 01-28-2020 at 10:07 AM.
-
04-26-2018, 03:11 PM #13
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
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...
-
04-26-2018, 03:14 PM #14
- Join Date
- Jun 2015
- Posts
- 3,325
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 .
-
04-26-2018, 03:18 PM #15
- Join Date
- Feb 2018
- Posts
- 1,349
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.
-
04-26-2018, 03:32 PM #16
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Exactly. My merchants tell me when someone's trying to backdoor me and I put a stop to those shenanigans.
-
04-26-2018, 04:00 PM #17
- Join Date
- Jul 2014
- Posts
- 40
Who is it? We all need to know!!
-
04-26-2018, 04:10 PM #18
- Join Date
- Nov 2016
- Posts
- 65
Just Ask Yourself--What Would Karen Do?
-
04-26-2018, 04:20 PM #19Karen37aGuest
-
04-26-2018, 04:33 PM #20
- Join Date
- Dec 2017
- Posts
- 397
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
-
04-26-2018, 04:49 PM #21
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
-
04-26-2018, 05:15 PM #22
- Join Date
- Nov 2016
- Posts
- 166
.....
Last edited by swiftcloser; 01-28-2020 at 10:06 AM.
-
04-26-2018, 05:28 PM #23
-
09-12-2018, 03:47 PM #24
- Join Date
- Sep 2018
- Posts
- 3
Is there an active/running list of reputable lenders and white label lenders?
-
09-12-2018, 04:38 PM #25
- Join Date
- Feb 2018
- Posts
- 1,349
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.
Similar Threads
-
why do people think every deal they lose is back doored
By J.Celifarco in forum Merchant Cash AdvanceReplies: 13Last Post: 01-20-2017, 12:20 AM -
850k paid back in 30 days through an assignment of proceeds
By Peak Source in forum Deal BinReplies: 3Last Post: 09-08-2015, 08:55 PM -
850k paid back in 30 days through an assignment of proceeds
By Peak Source in forum Merchant Cash AdvanceReplies: 3Last Post: 09-03-2015, 04:49 PM -
850k paid back in 30 days!!
By Peak Source in forum Deal BinReplies: 2Last Post: 08-13-2015, 02:05 PM -
850k paid back in 30 days!!
By Peak Source in forum Deal BinReplies: 0Last Post: 08-12-2015, 03:08 PM