Results 1 to 25 of 32
-
10-19-2018, 11:25 AM #1
Reputation points: 10
- Join Date
- Oct 2018
- Posts
- 1
Fox Funding Steve Nelken
Another bad lender, Had a deal funded with the 1 month ago and have not been paid from them.
BS excuse that the merchant missed payments but according to the MTD that we sent to Fox all payments were made.
Stay away from Fox Funding they don't pay.
-
10-19-2018, 11:40 AM #2
Reputation points: 198007
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 829
Says the guy on his first post. You better build some credibility before bringing that fire.
-
10-19-2018, 12:04 PM #3
Myfund55,
To clarify, the merchant started bouncing two payments in (indicated below), and is considered in default for the 8 missed payments thereafter.
Boom Limo.jpg
Per our executed ISO agreement, this $3K deal is in default and therefore commission is not paid. Additionally please note, this was our first deal together and threatening to go to DailyFunder unless commission is paid is egregious and only invites our legal team to review this for potential defamation.
Fox Business Funding
-
10-19-2018, 12:06 PM #4
well that clears that up.. they win you lose period the end
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
-
10-19-2018, 12:07 PM #5
Reputation points: 21701
- Join Date
- Feb 2016
- Posts
- 250
All of this over a 3k deal?
-
10-19-2018, 12:09 PM #6
Well that clears that up.. They win you lose period the end.
Also is starting all this over a 3k deal really worth it?John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
-
10-19-2018, 12:14 PM #7
Reputation points: 87541
- Join Date
- Feb 2018
- Posts
- 1,348
$3K deal? wow. all time low
-
10-19-2018, 12:22 PM #8
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,711
3K funding can be a $300 Commission!! for a single 1 man iso shop... $300 can be 600 additional marketing mailers or can be his grocery money for 2 weeks or his lead openers weekly salary.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
10-19-2018, 12:32 PM #9
Reputation points: 198007
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 829
-
10-19-2018, 12:46 PM #10
Reputation points: 312658
- Join Date
- Jun 2015
- Posts
- 3,352
-
10-19-2018, 12:47 PM #11
Reputation points: 312658
- Join Date
- Jun 2015
- Posts
- 3,352
-
10-19-2018, 12:51 PM #12
-
10-19-2018, 12:52 PM #13
Reputation points: 16724
- Join Date
- Apr 2018
- Posts
- 104
I think in this case it's ok for Fox to name the ISO. Who was that idiot?
-
10-19-2018, 12:55 PM #14
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,711
You may not realize..All over America you have business capital facilitators that fund 1-2 files a week..they will fund perhaps one 45K Can Capital (per month) A 35K Mantis and a handful of 2-10K files totaling 20K in NYC perhaps an ISO needs to fund a lot to get by... My little 1 man show ISO in Shreveport Louisiana is extremely grateful to fund around 100K!! 6K he will throw back into marketing and 4K (1 k per week for his family!)...300 Commission is a lot to this guy.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
10-19-2018, 01:11 PM #15
Reputation points: 16724
- Join Date
- Apr 2018
- Posts
- 104
-
10-19-2018, 01:39 PM #16
Reputation points: 312658
- Join Date
- Jun 2015
- Posts
- 3,352
-
10-19-2018, 01:57 PM #17
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,711
4k a month goes far in Shreveport LA...
The median list price per square foot in Shreveport is $93, which is lower than the Shreveport-Bossier City Metro average of $107. The median price of homes currently listed in Shreveport is $162,500. The median rent price in Shreveport is $780, which is lower than the Shreveport-Bossier City Metro median of $900.Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
10-19-2018, 02:07 PM #18
Reputation points: 15507
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
-
10-19-2018, 02:28 PM #19
-
10-19-2018, 02:48 PM #20
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,314
Two observations:
1. This guy played himself
2. Marcus will never STFU
-
10-19-2018, 02:49 PM #21
Not sure if it that was said in jest. Fox does not have any affiliation or ownership in the site.
-
10-19-2018, 02:52 PM #22
Reputation points: 198007
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 829
-
10-19-2018, 03:20 PM #23
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,314
Well, at least we all learned that Fox funds microdeals. This thread will probably lead to ISO inquiries.
-
10-19-2018, 04:04 PM #24
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,711
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
10-19-2018, 04:10 PM #25
Reputation points: 15507
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
edit
Last edited by MidnightAdvance; 10-19-2018 at 05:10 PM.
High risk paper
Similar Threads
-
Ayn capital funding / gold standard funding solution / gcs funding
By EBLM in forum Merchant Cash AdvanceReplies: 0Last Post: 04-12-2018, 07:14 PM -
Recognition to Steve Conner @FINSERVE
By Giants86 in forum Merchant Cash AdvanceReplies: 3Last Post: 03-01-2016, 01:23 AM -
Steve jackal smart business funding
By funded in forum Merchant Cash AdvanceReplies: 1Last Post: 11-13-2015, 11:03 AM -
Welcome Kalamata Capital / Steve Mandis- sponsor DF
By Capital Stack in forum PromotionsReplies: 3Last Post: 10-07-2014, 04:19 PM -
Steve and Carl
By JayBallentine in forum PromotionsReplies: 0Last Post: 05-13-2013, 04:12 PM