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  1. #1
    Senior Member Reputation points: 99426
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    With all the fraud deals floating around, the funders need to know who the broker is and sometimes where the deal originated from (internet, referral, cold call, etc.) in order to correctly price them. Having funders work in a vacuum and analyze redacted bank statements will not result in quality offers or numbers that will stick.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  2. #2
    Karen37a
    Guest
    Quote Originally Posted by MCNetwork View Post
    With all the fraud deals floating around, the funders need to know who the broker is and sometimes where the deal originated from (internet, referral, cold call, etc.) in order to correctly price them and assess the risk. Having funders work in a vacuum and analyze redacted bank statements will not result in quality offers.
    This will resu;lt in garbage in garbage out..small deal size and very low approval ratios and very low closing ratios


    Unless you have a trained killer salesperson /sale trainer bringing their sales force to the table...but why would we give our salesforce to anyone or merchants?

  3. #3
    Member Reputation points: 12 fundingfloor's Avatar
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    Quote Originally Posted by MCNetwork View Post
    With all the fraud deals floating around, the funders need to know who the broker is and sometimes where the deal originated from (internet, referral, cold call, etc.) in order to correctly price them. Having funders work in a vacuum and analyze redacted bank statements will not result in quality offers or numbers that will stick.
    Thanks for the feedback. We're constantly working on providing more information for funders. Without revealing the Merchant's identity.

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