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  1. #1
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,325

    Quote Originally Posted by MCNetwork View Post
    John, most merchants don't have the faintest clue where to begin shopping around. Most don't know who On Deck Capital is. The first quote they receive may well be from Yellowstone and they'll think that's the factor rate they're entitled to. They won't know where else to turn to because there are 750 other companies that pop up when you do a Google search for "business loan" and 90% of them are brokers. It's a minefield out there and merchants don't want their private information circulating in cyberspace. It's our job to help them navigate through the process, come up with a variety of funding options, tie them up with a nice red ribbon and present them.
    archie according to him on deck is a bad lender as i did a deal this week where they gave him 40% of gross.

  2. #2
    Karen37a
    Guest
    Quote Originally Posted by Michael I View Post
    archie according to him on deck is a bad lender as i did a deal this week where they gave him 40% of gross.
    lol

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