Results 1 to 25 of 69
-
04-10-2019, 01:09 PM #1
- Join Date
- Jun 2018
- Posts
- 462
is TVT capital a broker or a direct lender?
???
-
04-10-2019, 01:11 PM #2
- Join Date
- Jun 2015
- Posts
- 3,319
-
04-10-2019, 01:14 PM #3
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 01:36 PM #4
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 01:40 PM #5
- Join Date
- Mar 2016
- Posts
- 657
-
04-10-2019, 01:43 PM #6
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 01:46 PM #7
- Join Date
- Jun 2017
- Posts
- 2,049
TVT Funds their Own deals.
-
04-10-2019, 01:48 PM #8
- Join Date
- Jun 2017
- Posts
- 2,049
Im not going to go in depth on why, however, if anyone needs an alternative to TVT, WCM is a Great Option.
-
04-10-2019, 01:50 PM #9
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 01:51 PM #10
- Join Date
- Jun 2017
- Posts
- 2,049
Credibly, a larger Funder.... A - B Paper....
Kicks back TONS of files to Mantis, Aquila, and other lower grade paper shops.
When you submit a file to A Lender and it is Declined, chances are they wait their 2 weeks or whatever it is, and shop it out themselves, become a Broker, and collect a commission from another Lender.
I know for a FACT Credibly Does this. If TVT does it, it would be the same thing, shopping out their declines. Just like the MCC/Next Level Funding Relationship. It Happens. Its in the ISO Agreements. To pretend it doesnt is asinine.
IMO Backdooring, and rehashing declines after set time expressed in ISO Agreement is totally different
-
04-10-2019, 01:54 PM #11
- Join Date
- May 2018
- Posts
- 79
how do you know credibly sends out there declines?
-
04-10-2019, 01:55 PM #12
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 02:22 PM #13
- Join Date
- Oct 2016
- Posts
- 4,318
-
04-10-2019, 02:44 PM #14
- Join Date
- Dec 2013
- Posts
- 4,713
TVT does not send to Mantis. Mantis has perhaps more ISO's than any other subprime funder (i am signing up ISO's since 2001 for credit card processing) .... So if there is an ISO Fronting for TVT would be impossible to 10000% know that and would be happy to see the prooff (I don't blame anyone for trying since we are funding NON-STOP... and i mean NON STOP) but TVT as a group does not work with Mantis.
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
-
04-10-2019, 03:21 PM #15
- Join Date
- Jun 2017
- Posts
- 2,049
I can't answer this Question. Basically Pleading the 5th (Not even for me, for someone I know)
But, I know for a FACT FACT FACT, Black and White, They can't dispute it, they do.
Actually are you an ISO with Aquila??? Their backend has their highest preforming ISO's (Top 3) Listed in there.
Credibly is on that.Last edited by ryan $; 04-10-2019 at 03:23 PM.
-
04-10-2019, 03:26 PM #16
- Join Date
- Jun 2018
- Posts
- 462
-
04-10-2019, 03:29 PM #17
- Join Date
- Mar 2016
- Posts
- 657
-
04-10-2019, 03:31 PM #18
- Join Date
- Apr 2016
- Posts
- 76
-
04-10-2019, 03:32 PM #19
- Join Date
- Jun 2015
- Posts
- 3,319
-
04-10-2019, 03:33 PM #20
- Join Date
- Oct 2016
- Posts
- 4,318
-
04-10-2019, 03:34 PM #21
- Join Date
- Oct 2016
- Posts
- 4,318
-
04-10-2019, 03:40 PM #22
- Join Date
- Oct 2016
- Posts
- 4,318
-
04-10-2019, 03:52 PM #23
- Join Date
- Jun 2013
- Posts
- 293
Credibly doesn't contact ISO deals at any point, unless it's a paid off account and it's after a certain period of time. And even then if the ISO is active with them they pay them on it. No reshuffles going on at Credibly.
-
04-10-2019, 03:53 PM #24
- Join Date
- Dec 2013
- Posts
- 4,713
Seems like this would make a case that everyone wants to get deals funded at Mantis.... ... After all the smart ones out there know clearly whose really funding the 2-10K and the 100-200K super subprime files!! ive seen people bash mantis here lol and than send files non stop (not knowing i know who everyone is LOL) bottom line is when they have a deal that needs to get 180K so they can get 18K commissions they know were we are and how they got the RENEWAL-LOCKED)!!
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
-
04-10-2019, 04:02 PM #25
- Join Date
- Jun 2017
- Posts
- 2,049
So Credibly ONLY Contacts Paid off Accounts? Not Declines??? I know for a FACT this is INCORRECT.
Not going to get into it, but this is just false.
And don't get me wrong, Im not saying you do anything wrong, ISO Agreements clearly state after X amount of time you can do whatever. And You DO. I prefaced it with - this is not wrong, it just IS THIS BUSINESS.
Similar Threads
-
Looking to work for a direct Lender or become ISO/Partner/Broker -Career Opportunity
By SuperCloser in forum Business LoansReplies: 4Last Post: 09-28-2018, 04:14 PM -
Looking to work for a direct Lender or become ISO/Partner/Broker -Career Opportunity
By SuperCloser in forum Deal BinReplies: 3Last Post: 06-28-2018, 11:55 AM -
Looking to work for a direct Lender or become ISO/Partner/Broker -Career Opportunity
By SuperCloser in forum Help WantedReplies: 0Last Post: 06-21-2018, 05:11 PM -
direct lender. Seeking iso/broker relationship
By Dave Cohen in forum Merchant Cash AdvanceReplies: 15Last Post: 01-23-2017, 02:12 PM -
who funds real estate broker company-Direct lender only
By happysales in forum Deal BinReplies: 18Last Post: 12-17-2015, 06:34 PM