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05-08-2018, 11:10 AM #1
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"What company will be providing funding?"
WCF, what broker answers that question on the first call? Or even a 2nd call? Why can't you just give them a half-truth. There are several outlets we use who fund, it depends on what's in stock.... What do you do in the case that a merchant asks that same question about an MCA?
This is a classic "straw man" criticism. Any salesman worth his hoot can deflect that question. And besides, before the call, you merge Dan onto the call and he'll take over.
Where did you get so much assumed beef with this program and how much time do you have on your hands that you spent so long describing a conversation that will never happen?
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05-08-2018, 11:41 AM #2
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05-08-2018, 11:48 AM #3
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05-08-2018, 12:16 PM #4Karen37aGuest
Some are worse than brokers ....some brokers do not claim to be "funders" we just say it like it is. I am a super Iso deal with it or don't.
People cant get 1099 people to join their team or organization because it takes skill....skill that most people do not have nor ever will have.
never ever never ever never ever neverLast edited by Karen37a; 05-08-2018 at 12:19 PM.
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05-08-2018, 02:47 PM #5
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Here is the deal. Thanks Micah.
As I put forth in an earlier post, I will happy disclose the C Corp that owns Lease Rebates Group only to the Admin of this forum at their request privately.
Shannon (SBF) who is also a senior member of this forum can vouch (whether you believe her or not), that she was paid by check, from a legitimate corporation, and that the check came to her FedEx priority overnight.
As for me being a "broker", if that helps you to categorize me then that is fine. But really, those who know me call me an innovator. That is because I jumped in to something 3 years ago that is way way outside the box and now I am making it in to a brand (or type of funding) "LEASE REBATE". I took something that only a few scattered vendors were doing here and there with a few lucky MCA brokers, and I am turning it in to a real network, and I and others involved are taking measures to ensure that it not only stays around, but also grows as large as possible. That is why we protect as much info as we can; especially on a forum.
What we have is real, and what we offer is real; whether you believe it or not.
In any real MCA shop only 20% to 30% of the clients are 4 or more years in business and judgment free, and out of those maybe 10% to 15% have the credit on Dun & Bradstreet to qualify for the program, and out of those maybe half are smart enough to see that taking money with a true cost of 90% to a 100% (after the tax write-offs) spread out over 5 years, paid on monthly payments with no personal guarantee, makes more sense than taking another MCA stack for 1.45 (or more) and then renewing it, to pay 90% plus interest in 6 to 8 months on daily payments with a personal guarantee and confession of judgment.
So this program is far and away not for every MCA client.
It is for those MCA clients who have business credit (but not personal anymore) and who either cant take another MCA stack or who need more then another MCA stack can offer.
I wrote a bunch of posts and tried my best to explain it but some folks just cannot get past their own mental barriers and fears, and that is OK.
Again, thank you to Micah (ABFunder) and Shannon (SBF), for actually speaking the truth about me and the program while others attack and spew forth hate and sow seeds of doubt.
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05-08-2018, 03:37 PM #6
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05-08-2018, 03:41 PM #7
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05-08-2018, 11:46 AM #8
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No offense, Micah, but just last week you were vouching, balls-to-the-Wall, for. Solomon at Midnight advance.
What was so sad is you were adamant Solomon didn’t put any merchants up to posting here. Yet just the day before Solomon was PMing me confirming he did put the merchant up to it.
Solomon lied to you. You repeated his lie. Good judgment.Last edited by WestCoastFunding; 05-08-2018 at 11:49 AM.
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05-08-2018, 11:52 AM #9
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05-08-2018, 12:01 PM #10
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05-08-2018, 12:08 PM #11Karen37aGuest
told you I spoke on the phone and I wasn't impressed..in fact, the convo went in the toilet...someone yelling at me to give them business.
___
We may all compete against each other for business and some of us may not like each other ( I don't really care enough to hate someone, I just dislike the way they do business). No matter what ...I can respect the fact that some people are good at what they do. Financial Services. And some people are horrible brokers in the basement of their house pretending to be the cat's meow.
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05-08-2018, 12:46 PM #12
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05-08-2018, 12:47 PM #13Karen37aGuest
People know whats real and not real...like an onion peeling back...market crashes expose people.
I can tell you this. If i was funders id cut off brokers with such poor judgement, i cut them off inside my organization. How many times are you going to side with fraudsters and vouch for them?Last edited by Karen37a; 05-08-2018 at 12:51 PM.
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05-08-2018, 01:03 PM #14
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