Results 1 to 9 of 9
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02-11-2019, 12:59 PM #1
- Join Date
- Jan 2018
- Posts
- 15
Kabbage
Is Kabbage still restricted from funding behind Yellowstone? Looking to renew 300k and take my merchant there. I haven't dealt with them since they cutoff the broker channel so I'm not sure if things have changed.
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02-11-2019, 01:09 PM #2
- Join Date
- Mar 2016
- Posts
- 908
Don't think you can take deals to Kabbage - i could be mistaken, but i don't believe that has changed.
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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02-11-2019, 01:24 PM #3
You can refer a client to them for a flat $250.00. That's it. We sometimes use them for 10K and under deals.
https://www.kabbage.com/referral-program/
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02-11-2019, 02:11 PM #4
- Join Date
- Jan 2018
- Posts
- 15
Thanks guys I know that. I used to have a decent pipeline with them back in 2014 before they cut everyone off. I only refer my good merchants over to them so they can deal with Kabbage directly. I was asking if they will decline because Yellowstone is pulling.
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02-11-2019, 02:47 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
I don’t see Kabbage subordinating to YSC.
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02-11-2019, 02:47 PM #6
- Join Date
- Feb 2017
- Posts
- 3,464
Make some normal money by sending them to Bluevine or Fundbox
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02-11-2019, 09:55 PM #7
Its $250 just if they get qualified, they don't have to fund or draw on their line. So you can get them qualified, get $250, then they get $50 gift card AND STILL can go elsewhere.
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02-11-2019, 10:50 PM #8
- Join Date
- Jul 2015
- Posts
- 1,202
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02-12-2019, 10:43 AM #9
Actually its 'AND', because you can get the $250 from Kabbage, then get 2% from Fundbox. Kabbage has to be viewed a different way. If you market on a mass scale to get $250 for each qualified merchant but only convert a small amount of those to other products you still can have a good ROI.
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