Results 101 to 125 of 142
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06-28-2018, 02:48 PM #101
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06-28-2018, 02:50 PM #102Karen37aGuest
yep
The brokers broker /iso makes a difference sometimes
Quote Originally Posted by BROKER TIME View Post
what really throws me off is the leaks everyone speak about i see it but then the companies i have my doubts about makes the best offer and funds its like they pick and choose what to take
This goes back to my original advice of making yourself valuable to the Funder and making them profitLast edited by Karen37a; 06-28-2018 at 02:56 PM.
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06-28-2018, 03:02 PM #103
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- Jun 2017
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06-28-2018, 03:06 PM #104Karen37aGuest
And why I warned people that they were going to have their book of business taken from them or sold and then get a dear john letter and the ones who fought me to death...got their book taken
and why I give examples of ...back in the 80s when I saw the first book taken....back in the 90s when I saw another one taken...and another and another
And why said say ...5 % are going to make it...leave the 5 % alone...you are getting the other 95% book anyway
So the ones who dont care are not building a book...so have at it with the defaults
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06-28-2018, 03:43 PM #105
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- Sep 2015
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06-28-2018, 04:00 PM #106
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- Oct 2016
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06-28-2018, 04:25 PM #107
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- May 2018
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06-28-2018, 04:26 PM #108
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- May 2017
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- 22
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06-29-2018, 10:31 AM #109Karen37aGuest
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06-29-2018, 02:02 PM #110
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07-03-2018, 05:43 PM #111
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- Jul 2014
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- 40
BlueVine for Lines of Credit
Fundbox for Lines of Credit
LoanMe - Monthly Payments
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07-09-2018, 12:20 AM #112
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- Jun 2017
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- 15
On Deck has been stealing files FOR YEARS. They have a practice of denying files then heavily soliciting them afterwards. They are also notorious for getting high volume shops on for a few years, then cutting them off and taking all their files. Kabbage and Funding Circle also do that. Yellowstone is a den of thieves, as is Cresthill/Mantis and too many others to name.
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07-09-2018, 11:39 AM #113
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- Apr 2015
- Location
- TEXAS
- Posts
- 29
These brokers call our seeded application #:
Gold Standard Funding 470.588.5181
First Class Advance (718)267-2861
AFG Funding Capital (305)857-6956
Diamond Elite Holdings (917)334-7374
Fast Advance Funding (267) 866-7014 MATTHEW HANCOCK | SENIOR UNDERWRITERLast edited by EBLM; 07-09-2018 at 12:42 PM. Reason: added phone numbers
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07-09-2018, 11:50 AM #114
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- Feb 2018
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07-09-2018, 12:00 PM #115
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- Dec 2013
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I have one of the largest Funding houses in the country who claim they use a swervice that stock brokers use to check is there brokers are stealing clients (by making fake clients or etc) and claims Mantis passed the test each time and thats why they use us ! for the B-ZZZ paper!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-09-2018, 12:43 PM #116
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- Jun 2018
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- 462
Mantis has always paid on renewals even when the merchant reaches out to them so kudos for that!!
However you guy decline alot of files in underwriting for the dumbest reasons after the merchant has done coj contracts and the like
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07-09-2018, 12:50 PM #117
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- Dec 2013
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Firstly thanks for that FACT..We pay ISO's even when the emails bounce and i find out they are now selling amway...when you get a decline for a reason you believe is NOT correct please reach-out to me. bizdev@mantis funding.com
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-09-2018, 01:53 PM #118
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- Jun 2018
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- 462
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07-09-2018, 02:03 PM #119Karen37aGuest
I saw companies torch people...thats why i made the name "karen" ...i thought where the heck am I...morons yelling I had a dui and was hiding from it, i just wanted to stay away from all this crap and just fund deals and renew lol.
Hard to watch people kiss the butt of the King all day
I did a William Wallace/ Braveheart .... you fought for ...now fight with me...for freedom .........1099 chaarrgeeeeeeeeeLast edited by Karen37a; 07-09-2018 at 02:07 PM.
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07-09-2018, 02:14 PM #120
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- Dec 2013
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- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-09-2018, 02:37 PM #121
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- Jun 2018
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- 462
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07-09-2018, 02:51 PM #122
- Join Date
- Dec 2013
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Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-09-2018, 02:53 PM #123
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- Oct 2016
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- 4,318
May be an anomaly. While I try to refrain from publicly praising Marcus (because he praises himself enough) I can honestly say I’ve never had Mantis kill a deal after contracts were back. ****, their underwriters have been known help gather stips for me directly from the merchant after the login call. One of the easiest companies to deal with. Now if they could just up their tech game a little.
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07-09-2018, 03:10 PM #124
- Join Date
- Feb 2018
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- 1,349
we don't have issues too much with companies on the first round of business. it may be the funders we use or the persistence of staying on top of those files all the way through. It's the renewals that is somewhat of a concern. If anyone understands marketing, it is 5-12X more expensive to acquire a new customer, hence, the funder pays the generous commissions to acquire the customer. But, when communication breaks down and the feeling overall is there is not a desire to pay on renewals, there is a problem. Maybe management at these companies feels they have paid to play, but, that's not how this works. There was real dollars to acquire that new customer on the brokers side as well. As one funder once said, if we can't renew the business, we might as well turn off the lights. That applies to both sides of the fence. It's either pay on renewals as expected, or, stacking will continue to rise.
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07-09-2018, 03:12 PM #125
Marcus, same here. My starting was pretty good with Mantis. After a while start getting declines 95% of files for dumb reasons. Where other companies approved and funded pretty smooth. So I stopped sending files to you guys.
Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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