New Jersey Bill Seeks to Eliminate Quick Easy Access to Small Business Loans
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  1. #1
    Banned Reputation points: 17775 cynthia's Avatar
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    New Jersey Bill Seeks to Eliminate Quick Easy Access to Small Business Loans

    of note, NJ wants to create barriers to entry for brokers- "In addition, the bill calls for detailed contract disclosures, proof that the funds will be used to economically benefit the small business applicant, lenders to set up their own complaint departments, licensing, bonding requirements for brokers & lenders, a minimum net worth for a broker of $100,000, background checks, written examinations, and ethics classes as part of continuing required education"

    https://debanked.com/2019/03/new-jer...usiness-loans/
    Last edited by cynthia; 03-25-2019 at 01:19 PM.

  2. #2
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    the trend continues state by state

  3. #3
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    Its interesting because many states that seek to build a hub for a specific industry are usually extra friendly and sensitive to those businesses needs (for example) states that seek to build specific factories may have special laws for these factories may it be fumes or waste regulation changes etc etc I find it ironic that the 1 state that added so many employees turns out to be that exact state that is seeking to make it hardest for them to operate. (disclaimer we have NO offices in NJ).
    Marcus Clapman | Business Development | Cresthill Capital
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    http://www.cresthillcapital.com

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    Quote Originally Posted by mcaguru View Post
    Its interesting because many states that seek to build a hub for a specific industry are usually extra friendly and sensitive to those businesses needs (for example) states that seek to build specific factories may have special laws for these factories may it be fumes or waste regulation changes etc etc I find it ironic that the 1 state that added so many employees turns out to be that exact state that is seeking to make it hardest for them to operate. (disclaimer we have NO offices in NJ).
    You ever stack a FundKite reverse for a NJ merchant?

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    Quote Originally Posted by mcaguru View Post
    Its interesting because many states that seek to build a hub for a specific industry are usually extra friendly and sensitive to those businesses needs (for example) states that seek to build specific factories may have special laws for these factories may it be fumes or waste regulation changes etc etc I find it ironic that the 1 state that added so many employees turns out to be that exact state that is seeking to make it hardest for them to operate. (disclaimer we have NO offices in NJ).
    Will the law allow a one sided bashing of an iso from new jersey that sends you business?
    https://dailyfunder.com/showthread.p...-solutions-llc

  6. #6
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    BTW I love NJ! maybe even more than palm beach but running close!
    Marcus Clapman | Business Development | Cresthill Capital
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  7. #7
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    Quote Originally Posted by mcaguru View Post
    BTW I love NJ! maybe even more than palm beach but running close!
    Are you going to move there???
    Kevin Henry
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  8. #8
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    was a trump line ! maybe was Florida not palm beach forgot was a long time ago
    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

  9. #9
    Banned Reputation points: 17775 cynthia's Avatar
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    Quote Originally Posted by mcaguru View Post
    was a trump line ! maybe was Florida not palm beach forgot was a long time ago
    marcus keep up the good fight, whether in NJ or not. States slowly attempting to put in laws. Need more self governing of the industry.

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    Quote Originally Posted by mcaguru View Post
    BTW I love NJ! maybe even more than palm beach but running close!
    central north or south?

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    I am keen on the Princeton area. We sold our home in Robinsville when we moved to Palm Beach County. Easy access to NY and Philly.
    Kevin Henry
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    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
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    1880 N Congress Ave., Suite 404
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  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by cynthia View Post
    marcus keep up the good fight, whether in NJ or not. States slowly attempting to put in laws. Need more self governing of the industry.
    what self governing?

  13. #13
    Quote Originally Posted by mcaguru View Post
    Its interesting because many states that seek to build a hub for a specific industry are usually extra friendly and sensitive to those businesses needs (for example) states that seek to build specific factories may have special laws for these factories may it be fumes or waste regulation changes etc etc I find it ironic that the 1 state that added so many employees turns out to be that exact state that is seeking to make it hardest for them to operate. (disclaimer we have NO offices in NJ).
    It's funny that you continue to respond to or even hijack other theads as if it's business as usual, yet you refuse to issue any sort of response to the Peak Solutions thread which YOU started and then cowardly ran from after you were called out. Everybody sees through it Marcus. You should at the very least stop being a punk and at least acknowledge it. People would have perhaps a little more respect for you if you were to at least stand up like a man and say you're not going to respond to it. But you have ZERO right to post on any other thread while you're ignoring that one like a baby.

  14. #14
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    Guys. He’s not going to respond. Forget trying.
    He’s above it. He’s above us. He’s above it all.
    We’re just some silly losers trying to hold down the BIG BOY.

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    Quote Originally Posted by SmartAdvanced View Post
    Guys. He’s not going to respond. Forget trying.
    He’s above it. He’s above us. He’s above it all.
    We’re just some silly losers trying to hold down the BIG BOY.
    If its so easy for him to spam every post promoting his company, why is it so hard for him to respond to criticism? If your going to put yourself out there like that, you better be able to handle the jabs you get back. Otherwise why does he get to reap the benefit of constantly having his company promoted on this forum?

  16. #16
    Quote Originally Posted by pcfunder View Post
    If its so easy for him to spam every post promoting his company, why is it so hard for him to respond to criticism? If your going to put yourself out there like that, you better be able to handle the jabs you get back. Otherwise why does he get to reap the benefit of constantly having his company promoted on this forum?
    pcfunder is right. Marcus opened this can of worms with his original post. If he's not going to confirm to industry and societal norms, the least we can do, as a community, is persist in holding him accountable until he does what's right or simply fades away. Otherwise he will just continue to act with impunity. He should not be able to ignore that post while continuing to respond to others, period. So I will do my part by consistently trolling every one of his posts until he either puts up or shuts up.

  17. #17
    Banned Reputation points: 17775 cynthia's Avatar
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    Quote Originally Posted by Chambo View Post
    what self governing?
    Meaning for funders and ISOs to create internal(or jointly)company policy that reduces conduct detrimental to all.

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    So bottom line, what if Marcus still doesn't respond, and the daily funder community keeps persisting, who will fold?

    Because if no one will fold, we might as well shut down the site after a certain period of time, since it will basically be the same of Marcus VS DF Community, every day again and again.

  19. #19
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    Party is over, mca will be no more soon as most know of it. 3rd 4th 5th advances please
    Last edited by golf2014; 03-26-2019 at 12:09 AM.

  20. #20
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    Quote Originally Posted by golf2014 View Post
    Party is over, mca will be no more soon as most know of it. 3rd 4th 5th advances please
    seems from most of your post that you haven't been doing mca in awhile and are just waiting for it to fail

  21. #21
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by cynthia View Post
    Meaning for funders and ISOs to create internal(or jointly)company policy that reduces conduct detrimental to all.
    I repeat...."WHAT self governing"?

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    Quote Originally Posted by SmartAdvanced View Post
    So bottom line, what if Marcus still doesn't respond, and the daily funder community keeps persisting, who will fold?

    Because if no one will fold, we might as well shut down the site after a certain period of time, since it will basically be the same of Marcus VS DF Community, every day again and again.
    I daresay..."Karen37a 2.0"

  23. #23
    Banned Reputation points: 17775 cynthia's Avatar
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    Quote Originally Posted by Chambo View Post
    I repeat...."WHAT self governing"?
    not sure if youre trying to be funny but repeating yourself doesnt qualify

  24. #24
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by cynthia View Post
    not sure if youre trying to be funny but repeating yourself doesnt qualify
    Unfortunately, there is NOTHING funny about my comment. I repeated "what self governing" to stress that there has been ZERO self governing. This have progressively gotten worse over the last 3-4-5 years, not better....and because the children cannot play together in the yard, the adults have to come in and supervise.

    We brought this on ourselves and I am not the first to one to sound that alarm either

  25. #25
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    Quote Originally Posted by Chambo View Post
    Unfortunately, there is NOTHING funny about my comment. I repeated "what self governing" to stress that there has been ZERO self governing. This have progressively gotten worse over the last 3-4-5 years, not better....and because the children cannot play together in the yard, the adults have to come in and supervise.

    We brought this on ourselves and I am not the first to one to sound that alarm either
    Chambo knows.....
    Kevin Henry
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    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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