backdooring again - Page 2
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  1. #26
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    Quote Originally Posted by Zonefund View Post
    My post was about SPG advance kicking butt.
    Zonefund is accurate. If you need any offers from Barnard or SPG - he will handle them like a champ. PM him.

  2. #27
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    Again,SPG Could very well have no knowledge of anything. Fast Advance Funding mentioned our company and stated they were working with a rep of ours in order to get merchant to sign - this clearly illustrates their wrongdoing in my opinion.

    SPG the lender im sure has no idea.

    Why a 3rd Company is in there via a PSF I have no Idea.

  3. #28
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    incestuous business. two options- embrace that it is, or, exit the door.

  4. #29
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    Backdooring Happens, but when you reference my company and say your working with us and name a rep specifically..... That is just shady as F*CK.

  5. #30
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    Quote Originally Posted by ryan $ View Post
    Backdooring Happens, but when you reference my company and say your working with us and name a rep specifically..... That is just shady as F*CK.
    You have to take that up with the broker who referenced your name or the funders who you sent it to. It sounds like Barnard and SPG have nothing to do with this. Just trying to keep peoples reputations clean when has nothing to do with them.

  6. #31
    Submit your deals via The Funding Floor and avoid all your backdooring issues

  7. #32
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    Quote Originally Posted by FundingFloorJoe View Post
    Submit your deals via The Funding Floor and avoid all your backdooring issues
    Or just submit to a reputable shop where you can have peace of mind even if it means less commission.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
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    www.cfgmerchantsolutions.com

  8. #33
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    or become a funder and stop the nonsense.

  9. #34
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    Quote Originally Posted by ryan $ View Post
    Backdooring Happens, but when you reference my company and say your working with us and name a rep specifically..... That is just shady as F*CK.
    Par + fast advance = same company. No need to bad mouth others. We all respect you Ryan. So lets not mix people.

    Keep funding you're a good guy, nothing but respect.

  10. #35
    Karen37a
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    Quote Originally Posted by Lmonus View Post
    Or just submit to a reputable shop where you can have peace of mind even if it means less commission.
    ....what he is saying is true


    Greed, stubbornness, and ego is the reason people are being backdoored or losing sales ethically

    They say the easiest person to con is the con artist

    And in some systems, you are talking to someone 4-5 con artists deep from the real money source

    The Funders/Lenders are still going to fund... it's just a question of which funnel it goes through


    Last that I am saying it...I am 1 deep or 1.5 to the money source myself...kill each other

    And some of you newbies and other brokers stfu...you look like idiots handing over sales for free for the last 3 years and buying fake leads from bangledshei which are yellow pages or used used burnt uccs regenerated

    There are sponsors on these sites start there points to the right

    Or go to a super iso if you cant close sales and need sales training etc

    EVen if you didnt. I have top brokers on my team because I am coming in on the back end 1/4 of the time to lock down that sale

    Me saving 1 Sale 100k and 7 points plus 1/2 psf was worth wayyyyyyy more than trying to clip 3 points

    Or coming in with hedge fund money

    Gl
    Last edited by Karen37a; 10-22-2018 at 02:28 PM.

  11. #36
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    Quote Originally Posted by Karen37a View Post
    ....what he is saying is true


    Greed, stubbornness, and ego is the reason people are being backdoored or losing sales ethically

    They say the easiest person to con is the con artist

    And in some systems, you are talking to someone 4-5 con artists deep from the real money source

    The Funders/Lenders are still going to fund... it's just a question of which funnel it goes through


    Last that I am saying it...I am 1 deep or 1.5 to the money source myself...kill each other

    And some of you newbies and other brokers stfu...you look like idiots handing over sales for free for the last 3 years and buying fake leads from bangledshei which are yellow pages or used used burnt uccs regenerated

    There are sponsors on these sites start there points to the right

    Or go to a super iso if you cant close sales and need sales training etc

    EVen if you didnt. I have top brokers on my team because I am coming in on the back end 1/4 of the time to lock down that sale

    Me saving 1 Sale 100k and 7 points plus 1/2 psf was worth wayyyyyyy more than trying to clip 3 points

    Or coming in with hedge fund money

    Gl
    Right. There are bad eggs in any company, and always people looking to capitalize on making a few dollars more at the cost of decimating future potential lucrative relationships.

  12. #37
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    all of this has been going on since inception of the business. it's just became more magnified as more and more players got into the space and brokers and a salad bowl of double, triple , quadruple funding came into the scene.
    Last edited by fundingsmbs; 10-23-2018 at 02:13 PM.

  13. #38
    Same here. Submitted a deal to Par and one week later fast Advance was calling my client.

  14. #39
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    Quote Originally Posted by ryan $ View Post
    Barnard and Fifth Capital Group
    Fast Advance Funding
    SPG Capital

    Anyone know the relation of these companies?

    Majority of lenders have established inside sales orginizations specifically to backdoor. Actually you have some that sell leads to make extra money. Until it is discovered the CEO or Board is simply wasting money, while someone they trust is making a ton of extra money on the side.
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  15. #40
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    do you have a list of these majority lenders so everyone can stay away?

  16. #41
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    Quote Originally Posted by fundingsmbs View Post
    do you have a list of these majority lenders so everyone can stay away?
    You will have to do that homework alone snapper
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  17. #42
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    .....
    Last edited by swiftcloser; 01-28-2020 at 10:03 AM.

  18. #43
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    Hold the on everyone Broadway Advance Funding 39 Broadway NY NY is not backdooring any deals

  19. #44
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    R trains, you must be new to the game.

    Broadway advance is backdooring 25/8 my friend.

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