Results 26 to 36 of 36
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12-06-2018, 02:32 PM #26
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- Dec 2015
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- Texas
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- 552
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12-06-2018, 02:38 PM #27
- Join Date
- Feb 2018
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- 1,349
you are correct. without seconds+ a large % of brokers would not be in business today. if it was still the old model only of 50% paid down and renew or payoff the balance, many would have already fled this industry to something else. also, without c-d funder's, many of the first positions funders inside sales staff that send to these companies would cause a loss in revenues for all those funder's. so, everyone is kind of in this together that wants to proceed in this industry. funders and brokers. funder's who send their declines to higher risk funder's who use COJ and participated in an anti attack against ysc and others, are just as guilty knowing what was happening
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12-06-2018, 02:47 PM #28
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
My investment bank approach was to only work with great clients that had good potential. I always had a formal engagement agreement in place and always worked exclusively. My fee structure was a small retainer, a small fee at closing, and stock/warrants on the backside of the deal or cash paid on performance. Still collecting checks today and I gave up investment banking 5 years ago.
This does not work as well in lower middle markets or small business finance, but a there is a similar concept. Only work with good clients that have great potential. Ask to a small fee at closing from the client and ask the capital partner for a good fee on a monthly basis based on collections/fees or a larger fee at the end of the term based on collections/fees. This gains the confidence of the client and certainly the capital provider.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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12-06-2018, 06:00 PM #29
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- Apr 2018
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- 94
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12-06-2018, 06:07 PM #30
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- Sep 2018
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- 52
Interesting...
http://redeyepromotions.my-free.website/
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12-06-2018, 07:02 PM #31
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- Dec 2018
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- 18
Ive always read this blog / site but never posted or replied before because of negative people like you ... I dont know why or care about those points but I guess you seem to care ... all I care about is keeping up with what I need to know in the industry ... I opened an account 6 days ago because it became a requirement then ...
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12-06-2018, 07:20 PM #32
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
asking a question is not being negative, its called inquisitive and for you to be defensive about having to create an account make me wonder.... So asking no questions, you get blind assumptions.
So now that my "negativity" inquire triggered you. What are you about? and why would you not create an account with a DECADE of "experience" earlier?
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12-06-2018, 07:25 PM #33
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- Dec 2018
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- 18
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12-07-2018, 12:57 PM #34
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- Nov 2018
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- 11
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12-07-2018, 01:38 PM #35
- Join Date
- Dec 2017
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- 397
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12-07-2018, 01:42 PM #36
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- Dec 2018
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- 18
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