[J.Celifarco]

all of these panel companies have large direct sales (not sure about pearl), but the others def do. Sounds like they still want broker business if they invested in the fair and advertising. any idea what national , pearl and rapid fund each month? CAN is in rebuild mode so they are slowly getting it ramped back up.

Well National said they spent about 15 million on marketing in 2017, also said they are 60% in house funding and 40% ISO. If someone else who was there can confirm I am remembering those numbers correctly but that is what I believe they said. Exact funding numbers they did not say when they spoke but if you think about the numbers they did give its safe to say they funded a big number in 2017

[MCNetwork]

Well National said they spent about 15 million on marketing in 2017, also said they are 60% in house funding and 40% ISO.

Yes I'm pretty sure that's what the CEO said.

[Karen37a]

Yes I'm pretty sure that's what the CEO said.

And this marketing expense gets pushed down if you have independent 1099 isos.

Anyway ...see you all tomorrow

[fundingsmbs]

Well National said they spent about 15 million on marketing in 2017, also said they are 60% in house funding and 40% ISO. If someone else who was there can confirm I am remembering those numbers correctly but that is what I believe they said. Exact funding numbers they did not say when they spoke but if you think about the numbers they did give its safe to say they funded a big number in 2017

after doing research, this is the same co!

https://www.ripoffreport.com/reports...-value-1093552

[J.Celifarco]

after doing research, this is the same co!

https://www.ripoffreport.com/reports...-value-1093552

that post is from 2013 doesnt exactly hold a lot of weight for me, especially if that was their leasing company. different business

[fundingsmbs]

that post is from 2013 doesnt exactly hold a lot of weight for me, especially if that was their leasing company. different business

what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth

[J.Celifarco]

what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth

again that is all info from 2013

[mcaguru]

what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth

that's half a decade old

[WestCoastFunding]

that's half a decade old

Or 30 renewals ago.

[mcaguru]

Or 30 renewals ago.

I don't live in that clock zone but i like your thinking !

[WestCoastFunding]

what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth

"In introducing Windset Capital, Barry Shafran, President, CEO of Chesswood Group said, "Many U.S. banks can no longer afford to consider loans under $250,000 due to their high internal administration and regulatory costs."

Barry Shafran added, "“To meet the rapidly growing demand by small business for timely access to capital, in an environment where many banks simply will not transact, we have launched Windset Capital.""

That one didn't work out.

[WestCoastFunding]

what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth

They originated the loans and sold them. Sort of a common practice.

[mcaguru]

after doing research, this is the same co!

https://www.ripoffreport.com/reports...-value-1093552

yes 5 point capital was started by a Dave Feder and Dave Gilbert -- reached out to them in 2006-7 while they were into equipment leasing to send me MCA paper! since then Feder moved into real estate....

Good Folks!!