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  1. #1
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    backdooring again

    Barnard and Fifth Capital Group
    Fast Advance Funding
    SPG Capital

    Anyone know the relation of these companies?

  2. #2
    Quote Originally Posted by ryan $ View Post
    Barnard and Fifth Capital Group
    Fast Advance Funding
    SPG Capital

    Anyone know the relation of these companies?

    They backdoored or someone backdoored and funded it by them?


    There is a large difference and you put out names without specifying.

  3. #3
    Quote Originally Posted by ryan $ View Post
    Barnard and Fifth Capital Group
    Fast Advance Funding
    SPG Capital

    Anyone know the relation of these companies?

    All ISOs working directly or in-house with Broadway, PAR, CBSG.

  4. #4
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    More McDonald ave shops?

  5. #5
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    Quote Originally Posted by riskysubject View Post
    All ISOs working directly or in-house with Broadway, PAR, CBSG.
    So Par has a backdooring problem? Hmmm

  6. #6
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    Quote Originally Posted by riskysubject View Post
    All ISOs working directly or in-house with Broadway, PAR, CBSG.
    False
    False
    False
    High risk paper

  7. #7
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    Quote Originally Posted by MidnightAdvance View Post
    False
    False
    False
    I know for a 100% fact that Fast advance funding claims to be part of Par. As for SPG Capital, there’s a merchant with the same exact name.

  8. #8
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    Quote Originally Posted by WestCoastFunding View Post
    I know for a 100% fact that Fast advance funding claims to be part of Par. As for SPG Capital, there’s a merchant with the same exact name.
    they are open about it . check their website and all 3 addresses are the same
    Last edited by Michael I; 10-16-2018 at 10:06 AM.

  9. #9
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    SPG Capital is not SPG Advance. Fast Advance is a producing shop that probably is connected to PAR. Barnard & Fifth is a smaller funder.

    Be VERY careful when you throw people's names on a forum.

  10. #10
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    Quote Originally Posted by AdvanceFund View Post
    SPG Capital is not SPG Advance. Fast Advance is a producing shop that probably is connected to PAR. Barnard & Fifth is a smaller funder.

    Be VERY careful when you throw people's names on a forum.
    To Clarify.

    A Contract from SPG was sent to a Merchant (Referencing our Company) by Fast Advance Funding with a Fifth and Barnard PSF ACH Attached.

  11. #11
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    fastadvance is definitely Par.

  12. #12
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    Did someone backdoor a file only to then get backdoored themselves, when they submitted through the backdoor?

  13. #13
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    Quote Originally Posted by ryan $ View Post
    To Clarify.

    A Contract from SPG was sent to a Merchant (Referencing our Company) by Fast Advance Funding with a Fifth and Barnard PSF ACH Attached.
    Man, it’s getting worse. All I’ve heard about par is they offer huge deals, and they can’t be trusted at all. They’d stab their mother in the naval for a buck.

  14. #14
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    Quote Originally Posted by ryan $ View Post
    To Clarify.

    A Contract from SPG was sent to a Merchant (Referencing our Company) by Fast Advance Funding with a Fifth and Barnard PSF ACH Attached.
    I take it that this was a merchant you were actively working with?

  15. #15
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    never heard of any of them accept maybe on spam emails trying to get deals

  16. #16
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    Quote Originally Posted by WestCoastFunding View Post
    I take it that this was a merchant you were actively working with?
    Correct. A competing contract was sent then fwded to us.

  17. #17
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    edit
    Last edited by MidnightAdvance; 10-16-2018 at 03:07 PM.
    High risk paper

  18. #18
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    could be another broker (one with PSF) got the offer from SPG but SPG was using Par as funder. That will explain the three names but that going to be a sticky situation. SPG made the offer via Par, broker put his PSF on it. When we used to work with Par they did not allow PSF's so if that is still the same there that would explain everything. But I could be totally wrong sticky situation

  19. #19
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    Quote Originally Posted by ryan $ View Post
    To Clarify.

    A Contract from SPG was sent to a Merchant (Referencing our Company) by Fast Advance Funding with a Fifth and Barnard PSF ACH Attached.
    So what you are saying is that Fast Advance got the deal somehow, but what does this have to do with the other two companies B&F and SPG? You never sent it there to be back-doored from there.

  20. #20
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    Quote Originally Posted by AdvanceFund View Post
    So what you are saying is that Fast Advance got the deal somehow, but what does this have to do with the other two companies B&F and SPG? You never sent it there to be back-doored from there.
    The question I think is who did you send the deal to and then reverse engineer how Fast Advance (the company referencing you and closing the deal) got that deal.

  21. #21
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    Quote Originally Posted by AdvanceFund View Post
    The question I think is who did you send the deal to and then reverse engineer how Fast Advance (the company referencing you and closing the deal) got that deal.
    They didnt close the deal. It was an attempt. Just the fact they referenced our company implicates them in knowingly backdooring the file.

    And correct SPG could very well have no knowledge

  22. #22
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    Quote Originally Posted by MidnightAdvance View Post
    edit
    I love when you show up in backdoor threads. Wish I could have seen your contribution before you deleted it.

    Was it a tutorial on how to backdoor or a claim that everyone backdoors?

  23. #23
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    Quote Originally Posted by Nunya View Post
    I love when you show up in backdoor threads. Wish I could have seen your contribution before you deleted it.

    Was it a tutorial on how to backdoor or a claim that everyone backdoors?
    I tend to stay away from this forum, but barnard/fifth and spg advance do not backdoor. Ive been in this industry for 4 years now, so take my word for it, ive done what most acconplish in 8-10 years within two.

    About spg advance. I only send my deals to these guys and yellowstone for highrisk. The reason is because they get the best offers period. They've also never screwed me on a renewal. I get auto messages the moment renewals are up, or random paydays!

    Whomever had a bad experience be aware that someone else probably had the file and beat you to it. Don't talk sh__ if you can't pm folks direct proof.

    I recently had a 5th pos deal, where Ysc gave 60 pmts 25k. Mantis 15k 66 payments. ML factors gave 66 days 20k.

    SPG advance gave me 40k at 80 freakin payments. If you dont work with them then sign up right away because you're missing out. They're #1 in the high risk space.
    Last edited by Zonefund; 10-16-2018 at 11:42 PM.

  24. #24
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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?
    Also Ryan, fast advance is broadway aka cbsg backdoor shop. Ive caught them many times.

  25. #25
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    Quote Originally Posted by AdvanceFund View Post
    SPG Capital is not SPG Advance. Fast Advance is a producing shop that probably is connected to PAR. Barnard & Fifth is a smaller funder.

    Be VERY careful when you throw people's names on a forum.
    My post was about SPG advance kicking butt.

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