Who can do .....Really Bad Banks and Good Processing

**socalgav** · 07-26-2019, 01:20 PM

Have a file with really bad banks as in Negative just about everyday. Has a 1st balance about 75K. Total yearly sales about 2.2M. CC sales 100K per month looking for a 2nd on a split. Anyone?

**moneygreen** · 07-26-2019, 01:33 PM

sent you pm

**mcaguru** · 07-26-2019, 01:56 PM

Our vendors say Mantis is the most aggressive when it comes to NSF's ! but NOT every day!

**Kevin Henry-Seacoast** · 07-26-2019, 01:56 PM

Vendors?

**mcaguru** · 07-26-2019, 01:58 PM

Originally Posted by Kevin Henry-Seacoast

Vendors?

ISO / Vendors / brokers / partnerships / etc etc.... I want to believe i coined the term ISO's for MCA funding back in 2005 (when credit card processing sales offices were called ISO's BUT ill let the historians write if i Deserve that credit)... the funding houses at that time already in business were calling sales partners just that or brokers or vendors etc...

**Kevin Henry-Seacoast** · 07-26-2019, 02:15 PM

Originally Posted by mcaguru

ISO / Vendors / brokers / partnerships / etc etc.... I want to believe i coined the term ISO's for MCA funding back in 2005 (when credit card processing sales offices were called ISO's BUT ill let the historians write if i Deserve that credit)... the funding houses at that time already in business were calling sales partners just that or brokers or vendors etc...

Oh....we call those who refer us prospects/clients referral partners no matter what their professional role may be. We don't like calling anyone a vendor as we don't like being treated as a vendor. We add value and truly try to help our clients and partner with their business. The day anyone starts treating me like I am a vendor....I am out.... I have declined transactions because of being treated like a vendor.

**mcaguru** · 07-26-2019, 02:21 PM

Originally Posted by Kevin Henry-Seacoast

Oh....we call those who refer us prospects/clients referral partners no matter what their professional role may be. We don't like calling anyone a vendor as we don't like being treated as a vendor. We add value and truly try to help our clients and partner with their business. The day anyone starts treating me like I am a vendor....I am out.... I have declined transactions because of being treated like a vendor.

Well the largest Leasing companies and Factoring groups use the term "Vendors" in most cases instead of the term ISO's

**mrmrg** · 07-26-2019, 02:42 PM

Originally Posted by mcaguru

Well the largest Leasing companies and Factoring groups use the term "Vendors" in most cases instead of the term ISO's

Meanwhile mantis doesn't do leasing or factoring. At the end of the day you're a bottom feeder and prey on the low hanging fruit.

**Kevin Henry-Seacoast** · 07-26-2019, 02:56 PM

Originally Posted by mcaguru

Well the largest Leasing companies and Factoring groups use the term "Vendors" in most cases instead of the term ISO's

We don't use either.....and we are one of the largest factoring and ABL firms. Maybe it's the reason why we are one of the largest. We treat our partners as partners.

**ryan $** · 07-26-2019, 04:32 PM

I would try LCF and Integrity.

Maybe TVT, Quicksilver.

NEVERMIND - Negative just about every day? THROW IN TRASH.

Then Burn it. Then stomp it. Then Freeze it, and shatter the pieces and burn again.

If 2nd is on a Split..... that means 1st is ACH annndddddd If they are Negative Every day they are bouncing current payments, No?

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Who can do .....Really Bad Banks and Good Processing

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