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06-07-2019, 05:15 PM #1
- Join Date
- Aug 2016
- Posts
- 275
fundkite thread deleted again?
Dont ban me for making this thread but this is getting ridiculous! Every time someone calls out fundkite for calling their merchant the thread gets deleted in minutes!! Ive seen threads go on for days before admin says a word but the minute someone calls out fundkite your run to the rescue? At least make it a little less obvious.
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06-07-2019, 08:17 PM #2
The user was anonymous, provided no proof of anything, didn't speak in specifics about what even happened, and was posting only for the purpose of attacking, not to resolve anything.
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06-11-2019, 09:57 AM #3
- Join Date
- Nov 2016
- Posts
- 91
Fundkite back at it again.
Last edited by The Chosen One; 07-09-2019 at 01:02 PM.
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06-11-2019, 10:24 AM #4
- Join Date
- Feb 2017
- Posts
- 3,433
I'm not saying that Fundkite did anything wrong or that they wouldn't pay me, but I wanted to share a story:
I did a reverse for a client with Par (that was his only option!). He knows there's no stacking, and it would ruin everything if he did. He's a smart guy, that's why the reverse made sense to him. He stays in touch with me because (a) we hit it off really well and (b) of the "LOC" option on the side, when he needs more, he emails me his bank statements and we get him extra money.
I had submitted it to Fundkite (he had requested Fundkite by name!), and all they wanted to do fund him a 4th position. We went with the reverse.
2 weeks ago he forwarded me an email from Fundkite directed at his corporation with his full name (the one on the app) and corporation name (not his DBA, the name of his corporation):
"As a direct funder, FundKite offers competitive rates and better terms to help your business achieve its capital goals. No middle man, no brokers, just streamlined business funding. FundKite provides various funding options based on business performance, not credit, including refinancing your current debt through consolidation programs. No Credit Application Required to get your tailored offer."
Maybe they'd pay me, maybe not, but my client told me in the email the following: "FUNDKITE has sent me this twice in the past week.I think that they are trying to backdoor you."
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06-11-2019, 11:21 AM #5
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- Aug 2016
- Posts
- 275
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06-11-2019, 11:29 AM #6
- Join Date
- Feb 2017
- Posts
- 3,433
Again, no idea if this means that they won't pay me, but they are claiming, "NO MIDDLE MAN" right there.
fundkite.png
Admin, if you feel that it's necessary to delete this thread, I'm not here to accuse anyone of wrong-doing, but this a screenshot of the email I received.Last edited by abfunders; 06-11-2019 at 11:52 AM.
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06-11-2019, 11:55 AM #7
- Join Date
- Jun 2015
- Posts
- 3,325
i would love to know why merchants starting getting multiple pulls . are they officially brokering?
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06-11-2019, 12:51 PM #8
- Join Date
- Jan 2014
- Posts
- 1,375
as per another thread on here somewhere..Fundkite uses yellowstone.
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06-11-2019, 02:17 PM #9
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- Aug 2016
- Posts
- 275
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06-11-2019, 02:30 PM #10
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- Oct 2016
- Posts
- 4,318
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06-11-2019, 02:35 PM #11
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- Oct 2016
- Posts
- 4,318
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06-11-2019, 04:47 PM #12
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- Jul 2017
- Posts
- 548
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06-30-2024, 11:37 AM #13
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- Aug 2018
- Posts
- 828
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07-01-2024, 11:57 AM #14
- Join Date
- Apr 2024
- Posts
- 29
Good Morning,
Im not sure why you guys are in disbelief!
it truly happens more often then not,
when it comes to the dollar all ethics are off the table,
That is a fact!
i have experienced this with 2 other lenders in the last 3 months
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07-01-2024, 01:44 PM #15
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07-01-2024, 09:22 PM #16
- Join Date
- Aug 2018
- Posts
- 828
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07-02-2024, 02:05 AM #17
- Join Date
- Mar 2024
- Posts
- 244
Most funders are no better than the brokers or providers in the space. Stick to razor close relationships and you won’t have issues. Small circle wins every single time
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