Results 26 to 50 of 56
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11-16-2018, 01:51 PM #26
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Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-16-2018, 01:53 PM #27Karen37aGuest
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11-16-2018, 01:58 PM #28
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11-16-2018, 02:00 PM #29
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- Boynton Beach
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I have know idea what you are referring to regarding being 20 people removed from someone where you knew them 2 people removed... I don't think we swam in the same ponds as I was more institutionally focused.....always have been.
I have never said that I am against 1099 or Draw+. What I did say is that I have lived them all and prefer compensation that is salary, plus commissions, plus stock. That model has always made me more money...especially the stock portion.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-16-2018, 02:03 PM #30Karen37aGuest
This is normally where 5 more fools join into the casual banter
but they cant...they had their book of business taken from them and they have another type of job
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11-16-2018, 02:06 PM #31
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- Feb 2018
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- 1,349
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11-16-2018, 02:09 PM #32Karen37aGuest
I prefer the 100% equity ownership that the freedom of a 1099 Iso ( self employed )has...its all me
Someone else is 9% on the llc technically
And anyone else who is 1099 ...has 100% ownership interest in themselves...you just have to hustle it out and make BIG ROCKSTAR COMMISSION
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11-16-2018, 02:15 PM #33Karen37aGuest
What I think yall are saying to me is 1099 Isos or Super Isos are only worth what the owner is worth ( and can only grow to meet the owner's abilities and expectations)
and you have to generate your own sales...hunt kill eat repeat...because even Microsoft started in the basement of a house
sooo back to the TOP....pick up the fking phone
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11-16-2018, 02:15 PM #34
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- Mar 2015
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- Boynton Beach
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- 3,490
I have always made equity or options a must as part of any compensation. It has served me VERY well.
I have also asked for equity/warrants on the back-side of investment banking deals I have done where I lowered the cash fee and made a killing on the back-side with the stock or warrants. I am still collecting checks for those 5 years later and they are MUCH larger than the upfront fee I should have received.
Every successful person I know that has made a killing in financial services has made more with equity, options, or warrants as part of compensation. Whether it was part of their compensation while working at the firm or structured in the fees as part of deals closed. The real money is always made on the back-side of the deal.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-16-2018, 02:21 PM #35Karen37aGuest
Kevin its great that you do or did this...cash the warrants in before they expire
We are NOT the bank. we are 1099 Isos and brokers
I make myself one of them to lead from the front. Some of you thought that made me some kind of small-time chump
If people do not like prospecting themselves...that negativity spreads all around
This constant theme of how 1099 mca brokers suck has been beaten to death
New positive ways dfor the future...or don't...as stated im going with or with out people
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11-16-2018, 02:33 PM #36
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- Mar 2015
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- Boynton Beach
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Karen,
I love the way you so eloquently put words in my mouth. I have never said 1099 brokers suck. I have been 1099 myself and just prefer the way I am compensated as it is more lucrative.n As I recall...you are the one that bashes anyone that is not 1099.
Yes-when your warrants are about to expire you have to ask for the extension of convert them and put up cash..... I think I know how this works.....Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-16-2018, 02:41 PM #37Karen37aGuest
If you really understood the fallout ratios in sales and the self esteem and brass balls it takes to make it
And the **** people have to go thru
Just having newbies admit to being a "salesperson" is the first hurdle
suck it up... Ive brainwashed myself a loooonggg time ago against w/2 and banks as a sales trainer and recruiter
we are the 1099 MCA Army
( since some of these people give you sales , let your ego drop and deal with it)Last edited by Karen37a; 11-16-2018 at 02:43 PM.
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11-16-2018, 02:47 PM #38
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- Mar 2015
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- Boynton Beach
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Let my ego go???? Again you are being braggadocios about your experiences and talking down to me like I don't understand how to build a sales driven organization. Again....you clearly do not know me or how I am compensated, but you do know how to talk down to me just because I work for a bank.
Yes-I do have brokers that do business with me and a host of other types of referral sources and they are treated respectfully and compensated handsomely for their efforts.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-16-2018, 02:51 PM #39
- Join Date
- Mar 2016
- Posts
- 907
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
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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11-16-2018, 02:52 PM #40Karen37aGuest
Kevin I liked you until you started trying to jump me with west coast funding
That beind said...i do not chat with you first ..ever...again you are coming in on the tail end of coversations to me like yah yo man
Do you have strategic meetings? Lets meet on wed to attack Karen ( and its been going on for 3 years now)
You do not like me, Ignore me. They have a button. I can promise you I am not chatting about you...ever.
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11-16-2018, 03:19 PM #41
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- Jan 2015
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- Laguna Beach
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- 463
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11-16-2018, 04:07 PM #42
- Join Date
- Dec 2015
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- 610
1099 is not a sales status, it's a battery model. That version was notorious for giving you 10 hours of juice at 99% capacity, but because they were hacked to overclock and overheat, they keep resetting on the 9th hour 59 minutes in. So the typing never mechanism never clicks off after each post, and causes another post to spit out immediately.
When the battery finally explodes or carpal tunnel's out, you'll log into Dailyfunder and it will redirect to a closed circuit web cam of Sean Murray tied to a chair in a basement, laying in front of a stack of bank audit magazines, and a female cyborg giving admin rights to some western european models.Last edited by DonMcGrath; 11-18-2018 at 05:31 PM.
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11-16-2018, 04:41 PM #43Karen37aGuest
While everyone has spent years being negative other funders/lenders are funding millions and millions.
Negative posts articles, etc etc. If anyone would look at this they would think "that's the last place that I would ever invest my money"
Yet...people latch onto an idea like bitcoin and run with it.
If Carl Icahn says he is going negative on a stock...or George Soros or anyone of high profile states that they are either buying or selling something ( its illegal) because people will buy or sell just based on the rumor. This is a common prermise in stocks " buy on runor sell on news "
This board should have been the last place for some people to be yelling Regulation or that we are Doomed
I tried to block it because I can't tell if they are just dumb mfkrs or doing it on purpose
Get off 1099 Isos and the MCA industry already
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11-16-2018, 06:26 PM #44
this is a MCA forum why would we get off MCA or talking about things that affect the industry? Regulation when it comes and in what form, is a big dea.l If we dont discuss it on places like this forum where should it be discussed? Pretending it is not happening to me seems silly
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
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11-16-2018, 06:29 PM #45Karen37aGuest
Someone just posted fake news about a lawyer sending out letters to isos
Maybe you can't see the fake news crap and slants but I can
And why?...they wanted regulation to lock up competition
they do not want D paper and they do not want seconds
And I have said for 3 years now...it wont have the desired effects....it just collapses the industry and makes way for banks to run us downLast edited by Karen37a; 11-16-2018 at 06:33 PM.
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11-16-2018, 06:39 PM #46
no matter what people want second positions arent going anywhere they have become a part of the industry and A paper banks are not even killing deals for having 2 positions open anymore. You are worrying about issues that dont exist. Do people want out of control stacking to stop where companies are taking upwards of 30% of a companies gross sales to pay back positions they cant afford, YES, but nobody is saying anything about common sense second positions or even thirds that arent destroying the merchant. Years ago yes but now they are too much a part of the industry for anything to be done about them. It is about common sense and not taking things too far.
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
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11-16-2018, 06:43 PM #47Karen37aGuest
Thats not what "outlawing" mca does or putting APR on contracts causing them to turn into loan
Stare decicis...it causes defaults and sets precendent for debt relief to automatically default on you and no cojs and no collections allowed
That dumb smart box with the apr...and the bullies trying to shove it thru trying to gain market share...cursong me out for 3 years already
no apr ...period or you get defaulted on
if you do not understand that's your problem. what I said for 3 years is true
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11-16-2018, 07:04 PM #48
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- Oct 2016
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- 4,318
Karen wakes up in the morning and chooses which keywords she’ll use today. Oddly, she chooses the same keywords everyday “1099, regulation, I had 500 brokers working for me!!!!!!” and then finds a way to work those keywords into every thread.
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11-16-2018, 07:06 PM #49Karen37aGuest
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11-16-2018, 07:31 PM #50
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- Jul 2015
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