The Funding Floor?
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  1. #1
    Senior Member Reputation points: 99426
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    Quote Originally Posted by WestCoastFunding View Post
    How do you determine who is a legit funder or not? What’s to stop a broker that white labels to list as a funder?
    Pretty much nothing. A broker can pose as a funder and throw lowball factor rates to win deals. Then try to pull a bait and switch.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  2. #2
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    Quote Originally Posted by MCNetwork View Post
    Pretty much nothing. A broker can pose as a funder and throw lowball factor rates to win deals. Then try to pull a bait and switch.
    What good does that do? Wouldn't that just waist everyone's time?
    Or is there a method to that madness?
    Bait the merchant in, hook them on the line, pull & fight to tire them out, then reel them in easy.. (offer them another product, higher rates, but they just accept it because they have been beaten & are tired of fighting)???
    Last edited by Winning; 05-09-2018 at 10:01 AM.

  3. #3
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    Quote Originally Posted by MCNetwork View Post
    Pretty much nothing. A broker can pose as a funder and throw lowball factor rates to win deals. Then try to pull a bait and switch.
    Better yet, This!

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