[BROKER TIME]

Funded my first deal with them got paid the commission splendid!!

than came time for renewal i sent in the updated paperwork from the merchant

and fundkite told me that they would like to wait a bit longer before refing the deal

so i waited a couple of weeks and reached out to the merchant and asked him if he was ready for the renewal

he sent me the updated docs and i saw a deposit from fundkite after they declined my renewal!!!!!

and the kicker is they didnt even renew they gave him another position pulling as fund kite!!!!

so he now has 2 positions from fund kite and now im beaten out of a commission

when i talk to my rep he keeps saying they will send it but its been over a month and now they rep at fund kite has gone ghost

anyone else have an experience like this with them?

[WestCoastFunding]

All this means is that Fundkite whitelabels with multiple companies. They mostly use YSC and Par.

So here’s the test: submit this deal to YSC. When your YSC rep tells you the merchant is already funded by YSC, then there’s your answer.

[channin19]

Here's another rep:

Egor Gagarin
929-443-3300

steve kamhi is the "senior underwriter" over there and was previously with NuLook

YMMV with these guys

[Christian]

All this means is that Fundkite whitelabels with multiple companies. They mostly use YSC and Par.

So here’s the test: submit this deal to YSC. When your YSC rep tells you the merchant is already funded by YSC, then there’s your answer.

Shouldn't they have declined YSC for it being "already a client"? But I have seen Rapid fund a second behind themselves.

[blashley]

They could have used another white label

[Michael I]

bottom line fundkite needs to pay the man full commission

[WestCoastFunding]

Shouldn't they have declined YSC for it being "already a client"? But I have seen Rapid fund a second behind themselves.

They use more than one whitelabel. My point is, their bank statements has Fundkite pulling twice. If they submit to YSC I can almost guarantee YSC will decline because one of those Fundkite pulls is actually YSC.

[FundingGuy]

Funded my first deal with them got paid the commission splendid!!

than came time for renewal i sent in the updated paperwork from the merchant

and fundkite told me that they would like to wait a bit longer before refing the deal

so i waited a couple of weeks and reached out to the merchant and asked him if he was ready for the renewal

he sent me the updated docs and i saw a deposit from fundkite after they declined my renewal!!!!!

and the kicker is they didnt even renew they gave him another position pulling as fund kite!!!!

so he now has 2 positions from fund kite and now im beaten out of a commission

when i talk to my rep he keeps saying they will send it but its been over a month and now they rep at fund kite has gone ghost

anyone else have an experience like this with them?

I just got that, Fundkite Backbite me, they just fund the merchant behind my back.

[N_Snoot]

ISOS BEWARE

Very shady practices over at Fundkite

Withheld $6,700 commission on a $55,900 deal due to a “no stacking clause” in their contract

Ironically they killed their initial 90K offer on login because merchant took first position days prior unbeknownst to both parties.

Merchant proceeded - as most do - to stack himself again with a different broker a week later. However merchant did not miss a single payment and we are 4 weeks into the deal.

So after coming in and stacking as the second position now you scum the ISO out of their commission while continuing to collect your full payment.

Then you “funders” wonder why brokers coach the merchant to go to RAM or debt collection.

I will continue to update this thread until commission is paid in full EGOR because your hypocritical excuse to not do so is outrageous.

[Thegoodbroker]

ISOS BEWARE

Very shady practices over at Fundkite

Withheld $6,700 commission on a $55,900 deal due to a “no stacking clause” in their contract

Ironically they killed their initial 90K offer on login because merchant took first position days prior unbeknownst to both parties.

Merchant proceeded - as most do - to stack himself again with a different broker a week later. However merchant did not miss a single payment and we are 4 weeks into the deal.

So after coming in and stacking as the second position now you scum the ISO out of their commission while continuing to collect your full payment.

Then you “funders” wonder why brokers coach the merchant to go to RAM or debt collection.

I will continue to update this thread until commission is paid in full EGOR because your hypocritical excuse to not do so is outrageous.

hard to believe. they have been good to me, always. there has to be more to this.

[N_Snoot]

What part of this is hard to believe - what more could there possibly be lol - they stacked and then didn’t pay commission because they got stacked - simple ass that - ass backwards shady practice doesn’t matter now anyway already sent merchant to debt collection have fun receiving 50$ a week for next few years

[fundwithlouis]

damn. thats tough to hear. sorry about that. start working with us at finpoint funding. we pay out 12 points and always pay out on renewals.

Louis Stern
ISO Relations, Finpoint Funding

C. (646)348-4197 | Louis@finpointfunding.com
www.finpointfunding.com

[ridextreme]

damn. thats tough to hear. sorry about that. start working with us at finpoint funding. we pay out 12 points and always pay out on renewals.

Louis Stern
ISO Relations, Finpoint Funding

C. (646)348-4197 | Louis@finpointfunding.com
www.finpointfunding.com

Seriously? You went to dig up years old threads to promote yourself?

[seasonedfunder]

I have a horrible experience with them !! look at my previous post about it. every single merchant goes ghost right after a "merchant interview" with fund kite

not a coincidence !