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08-07-2018, 12:04 PM #1
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08-07-2018, 12:05 PM #2Karen37aGuest
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08-07-2018, 12:18 PM #3
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I don’t think it’s ever been that low. No sense to me to see ISO cut in half in one quarter. Yeah they have been talking about this new partner for 2 years. No impact on this Q. But they are getting into equipment finance which is good for ISOs
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08-07-2018, 12:23 PM #4
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Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-07-2018, 12:39 PM #5Karen37aGuest
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08-07-2018, 12:46 PM #6
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Don't think for a minute they have not figured out where their most profitable business comes from. Partnering with banks to get clients directly and keeping their best referral sources drives bottom line period. The days of masses of asses of referral sources are over for them. Building a cleaner book at reduced cost is what grows their business.
We rely and cherish our referral partners....especially the ones that bring us great clients.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-07-2018, 07:27 PM #7Karen37aGuest
the company now expects a full-year 2018 profit of between $10 million and $16 million, from its previous forecast of up to $10 million
My wall st friends said and I quote... " well they did one thing, they made sure no one will ever want to take someone public again"Last edited by Karen37a; 08-07-2018 at 07:31 PM.
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08-07-2018, 03:03 PM #8
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No chance. Funding Advisor = ISO in OnDeck's lingo. This was taken from their press release.
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08-07-2018, 03:39 PM #9
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My bad. I just glanced at the nunbers
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