Par Funding
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  1. #1
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    908

    Quote Originally Posted by Abe Kand View Post
    So your dollar amount varies based on how many submissions you receive from an ISO/How much you fund with them?
    Strange strategy. I usually give all my ISO's the max amount a deal deserves regardless of volume.
    No, all im saying is that im not going to give a 300k offer to an iso i havent closed a door with. How do i know they wont stack me the next day? Then again a week later and then a reverse. What will they do when the merchant needs more money? What are they going to do when the merchant needs relief? Ask me to lower payments, or send to a debt restructure place?
    Last edited by Lmonus; 08-28-2019 at 05:24 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

  2. #2
    Quote Originally Posted by Lmonus View Post
    No, all im saying is that im not going to give a 300k offer to an iso i havent closed a door with. How do i know they wont stack me the next day? Then again a week later and then a reverse. What will they do when the merchant needs more money? What are they going to do when the merchant needs relief? Ask me to lower payments, or send to a debt restructure place?
    Solid answer and solid reasoning.
    Warm Regards,

    ABE KAND
    Lifetime Funding
    ISO Manager
    Direct: (516) 604-0602
    Address: 585 Stewart Ave Suite L90 Garden City, NY 11530
    Website: www.Lifetimefundingllc.com

  3. #3
    Senior Member Reputation points: 57713
    Join Date
    Dec 2017
    Posts
    397

    Quote Originally Posted by Lmonus View Post
    No, all im saying is that im not going to give a 300k offer to an iso i havent closed a door with. How do i know they wont stack me the next day? Then again a week later and then a reverse. What will they do when the merchant needs more money? What are they going to do when the merchant needs relief? Ask me to lower payments, or send to a debt restructure place?
    dude you're not even and underwriter, cfg funds behind par

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