Stacker on DataMerch
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  1. #1

    Stacker on DataMerch

    What companies will fund a merchant considered a stacker on DataMerch?

    The merchant has never missed a payment.

    Thanks,
    Mike
    msla*****er@sla*****er.com

  2. #2
    Senior Member Reputation points: 25752
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    every single b-d shop lol

  3. #3
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
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    335

    If your merchant is willing and able to enter into another position, we will be glad to offer it
    East Shore Equities, LLC
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  4. #4
    Senior Member Reputation points: 305505
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    Quote Originally Posted by Michael Sla*****er View Post
    What companies will fund a merchant considered a stacker on DataMerch?

    The merchant has never missed a payment.

    Thanks,
    Mike
    msla*****er@sla*****er.com
    who declined you for that?

  5. #5
    Senior Member Reputation points: 305505
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    i just funded a 75k with on deck for someone that 2 months ago had 4 positions in the bank statements. we got all the zero balances letters and they were fine with it

  6. #6
    Senior Member Reputation points: 54977
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    perhaps it was you they were fine with
    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

  7. #7
    Banned Reputation points: 17775 cynthia's Avatar
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    NY
    Posts
    101

    Merchants are on datamerch because of stacking?? Haven't heard that before, can anyone verify if thats a legit reason datamerch reports? Double funding and lying to the funder is different.

  8. #8
    DataMerch has members that are 1st position only and members that do multiple positions. Normally a stacking record would be entered by a 1st position member because the merchant breached their contract and took additional funds. That information might be important to a future 1st position funder knowing the merchants past track record.

    DataMerch is not a blacklist and/or do not fund list. We provide our members data on merchants to help their underwriting departments decide if they want to approve/decline a merchant.

  9. #9
    Quote Originally Posted by Michael I View Post
    who declined you for that?
    Wellen.

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