Velocity Capital Group- VCG
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  1. #1
    Senior Member Reputation points: 60165
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    Quote Originally Posted by Nikkiclean06 View Post
    Please all the time you spend on here. Hating and promoting there is no way your funding 12 deals a day. Not even 12 deals a Month. Your Product is trash and I learned the hard way on trash lenders like Cresthill not to just sign up with Anybody.... 10K 1.499 8 Points Hahahahahaha!!!!
    they do numbers

    but one of the biggest reasons i stopped submitting to mantis is they kill alot of deals
    after making the merchant sign contracts and do the coj

  2. #2
    Senior Member Reputation points: 5479
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    Quote Originally Posted by BROKER TIME View Post
    they do numbers

    but one of the biggest reasons i stopped submitting to mantis is they kill alot of deals
    after making the merchant sign contracts and do the coj
    anybody could push out 10-15K 90 days. there offering 10K just know you can get 20K from somewhere else and get payed 10-15% on a 1.43-45 not 1.499 8 points.

  3. #3
    Senior Member Reputation points: 86941
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    Quote Originally Posted by BROKER TIME View Post
    they do numbers

    but one of the biggest reasons i stopped submitting to mantis is they kill alot of deals
    after making the merchant sign contracts and do the coj
    i am not a fan of this practice. we had a deal with a high risk funder where they did decision logic the day before, said it looked fine, than, next day, made owners sign a COJ, than, by end of day, killed the deal and sent the merchant into a panic attack of why they were made to sign a coj (they had never done one before). No COJs should be signed unless you are ready to fund that merchant

  4. #4
    Senior Member Reputation points: 5479
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    Quote Originally Posted by fundingsmbs View Post
    i am not a fan of this practice. we had a deal with a high risk funder where they did decision logic the day before, said it looked fine, than, next day, made owners sign a COJ, than, by end of day, killed the deal and sent the merchant into a panic attack of why they were made to sign a coj (they had never done one before). No COJs should be signed unless you are ready to fund that merchant
    sorry to hear that. Hope you ended up getting the deal funded...

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