[cynthia]

Attachment 2357

anyone else wanna call BS?? What other funders out there with false advertising like this?

[Big Mack]

I get emails from Yarrow offering 1.05 buy rates over 6 months.

[Michael I]

Attachment 2357

anyone else wanna call BS?? What other funders out there with false advertising like this?

just means that they are brokers also

[WestCoastFunding]

So now Greenbox is brokering?

[pcfunder]

It's better that they do their own marketing and use those leads rather than use leads that were submitted to them

[Michael I]

So now Greenbox is brokering?

either that or they are referring to maybe a one month deal

[pcfunder]

either that or they are referring to maybe a one month deal

touche amore

[RickyR3712]

It's better that they do their own marketing and use those leads rather than use leads that were submitted to them

If they spend on the expensive ad words,you can be certain they are calling leads that were submitted.pcfunder give them a call,ask them that question and let us all know what they answer.

[ryan $]

Greenbox i believe has non MCA programs, so short term, LOC, equipment stuff. I can see rates getting that low (notice there is no mention of term length

[fundingsmbs]

AMEX has the sick offers. We lost several large deals to them recently.

[Sachip24]

they also do real estate deals, could be for that as well

[RickyR3712]

love this article https://debanked.com/2019/02/greenbo...its-platforms/
What example? all the legitimate funders never had it to begin with. So you were doing wrong corrected yourself and now you should be applauded? WTF

[RickyR3712]

they also do real estate deals, could be for that as well

read the ad.It says no hard collateral needed

[Sachip24]

read the ad.It says no hard collateral needed

and as someone mentioned above they have several different programs which are not specified in that add as to which that rate applies to.

[cynthia]

Greenbox i believe has non MCA programs, so short term, LOC, equipment stuff. I can see rates getting that low (notice there is no mention of term length

Point taken that they can use this for inside sales and send to whomever offers this rate product. Only other product Ive heard they fund inhouse is invoice factoring.

[harvey]

Another day another misleading by line

[ridextreme]

It's not misleading. If the broker offers SBA loans, their "rates" are as low as X% for that particular product. That's how they get away with it.

[Steven_O]

Based on conversations I had with them over a year ago, the 7.99% references the discount on the prepay option... probably on a 12 month deal... so, yeah 7.99% if they prepay in 30 days, on a 12 month term. I think David T. told me that Gbox couldn't make less than 4pts and broker make 3... or something to that effect.

[microboby]

Thats a BIG Fat Lie ha ha , Maybe Monthly 7.99 but not APR . Plus keep in mind they add a 3% of the repayment if balance is paid off by a competitor on the payoff letters.

[jjrouss]

Greenbox has definitely come a long way in my opinion.

Extremely strong prepayment discounts definitely gives you the advantage over others when selling a deal. It's one of my main selling factors if the client only needs the money for 30-90 days.

I strongly recommend using greenbox, they give very competitive offers and the best part is that they don't even need a COJ. It doesn't get any better than this!

-Jean, Progressive Capital

[GoodCustomerService]

What?