Results 1 to 25 of 40
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08-21-2019, 03:48 PM #1
- Join Date
- Aug 2017
- Location
- NYC/Miami
- Posts
- 112
Brokers -Who are the top
Who are the top clean 2nd /3rd pos funders you use?
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08-21-2019, 03:51 PM #2
- Join Date
- Mar 2016
- Posts
- 904
Myself (CFG) Fora, Expansion, Quickbridge, Lendini, EBF (NOT VADER) BFS, Fundworks etc - Im sure there are a couple more.
This is all my opinion based on the terms i see in bank statements i go through before we price submissions. The guys above are "Good competition" in my eyes.Last edited by Lmonus; 08-21-2019 at 03:54 PM.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-21-2019, 03:52 PM #3
- Join Date
- Oct 2016
- Posts
- 4,318
I received 2nd position from Principis that are insane lately. Aside from them I like IOU, QS, 1st merchant and knight.
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08-21-2019, 03:53 PM #4
- Join Date
- Mar 2016
- Posts
- 904
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-21-2019, 03:58 PM #5
- Join Date
- Jun 2019
- Posts
- 34
River Advance is aggressive on these files. Buy rates as low as 1.28, terms up to 8 months, funding up to 500k, weekly payments, not a lot of stips, fast funding, etc....
River Advance ISO Manager
88 Pine Street 5th floor
New York, NY 10005
Matthew@RiverAdvance.com
Office: 732-385-8900 Ext 104
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08-21-2019, 03:59 PM #6John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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08-21-2019, 04:03 PM #7
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- Oct 2016
- Posts
- 4,318
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08-21-2019, 04:33 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
I believe our partners are signed up with many of those names.......... but as soon as they see a speck of dust with the merchant THEY DO A SUB-TO-FUND-IN-HOURS @ 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
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08-21-2019, 04:34 PM #9
- Join Date
- Jun 2018
- Posts
- 462
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08-21-2019, 04:36 PM #10
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08-21-2019, 04:38 PM #11
- Join Date
- Oct 2016
- Posts
- 4,318
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08-21-2019, 04:40 PM #12
- Join Date
- Mar 2016
- Posts
- 904
Last edited by Lmonus; 08-21-2019 at 04:43 PM.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-21-2019, 04:48 PM #13
- Join Date
- Dec 2013
- Posts
- 4,713
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
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08-21-2019, 04:50 PM #14
- Join Date
- Dec 2013
- Posts
- 4,713
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
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08-21-2019, 04:52 PM #15
- Join Date
- Oct 2016
- Posts
- 4,318
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08-21-2019, 04:52 PM #16
- Join Date
- Dec 2013
- Posts
- 4,713
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
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08-21-2019, 04:59 PM #17
- Join Date
- Mar 2016
- Posts
- 904
I am seeing you in deals lately, i just still don't understand the purpose of you charging a PSF on top of your funding fees if mantis and cresthill are one of the same. Seems like cresthill is a broker that sends deals to Mantis - i could be wrong but thats how it looks.
Imagine how much more Mantis would fund if there wasn't that extra fee that needed to be sold. Funding fees, PSF and then a broker PSF - Poor merchants...Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-21-2019, 05:03 PM #18
- Join Date
- Mar 2016
- Posts
- 657
what the EVEN hell does this mean?! stop trying to make something a catch phrase as if it remotely sounds good.
Side point, saw Mantis fund a $10k deal. Merchant netted $9,500, followed by a $500 PSF from Cresthill...FOLLOWED by a $1,000 PSF from the broker who closed the deal. Maybe you should change the slogan to 'Mantis- You'll get your PSF in hours'
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08-21-2019, 05:03 PM #19
- Join Date
- Dec 2013
- Posts
- 4,713
are you saying your brokers are not charging fees ? that your facilitating a funding on behalf of ?
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
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08-21-2019, 05:04 PM #20
- Join Date
- Dec 2013
- Posts
- 4,713
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
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08-21-2019, 05:07 PM #21
- Join Date
- Dec 2013
- Posts
- 4,713
Talking about fees i just leased a 2nd car (as a consumer!!!)... --- Holy Moly !
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
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08-21-2019, 05:11 PM #22
- Join Date
- Mar 2016
- Posts
- 904
IF your talking about brokers as in ISO's im sure the majority are charging fees - If your talking about the ISO Reps here at CFG Charging PSF's your out of your damn mind. Why the hell would myself or any iso rep here charge a PSF? Thats an extra fee that needs to be sold and makes the deal harder to get back. We are well compensated here for working literally day and night every single day including weekends, we dont need to charge any extra PSF Marcus.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-21-2019, 05:12 PM #23
- Join Date
- Aug 2016
- Posts
- 830
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08-21-2019, 05:15 PM #24
- Join Date
- Dec 2013
- Posts
- 4,713
Last edited by mcaguru; 08-21-2019 at 05:19 PM.
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
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08-21-2019, 05:22 PM #25
- Join Date
- Mar 2016
- Posts
- 904
Marcus - a piece of advice if you want it...
Be true, Speak from the heart. Stop with this slogan nonsense, Stop with the Double Digit Commission, Micro / Nano blah blah. Be Genuine, Upfront and don't beat around the bush. Brokers want to connect and share a common ground with the funders they work with on a day to day basis. You need to make the road to a deal closed as easy as humanly possible. Let your product speak for itself, not your slogans.
You and the firm you claim to represent are capable of so much more.Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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