When Merchant's refuse to work with their broker. - Page 2
Need a Funder or Vendor? START HERE

Page 2 of 2 FirstFirst 12
Results 26 to 34 of 34
  1. #26
    Quote Originally Posted by golf2014 View Post
    Without the broker bringing you the deal in the first place, there would be no customer/renewals.


    Amen! Still waiting on that 4k commish FUSION!! pay the people who bring the paper!

  2. #27
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    Quote Originally Posted by FUSIONCAPITAL View Post
    We do pay our brokers on renewals. Question to you J.Celifarco... you sent a funder a deal and it got funded. Come renewal time, do you step in and shop around that deal?
    If you give a BS renewal offer, or stall and delay? Absolutely!

  3. #28
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    How is this even a conversation, pay the broker their renewal, or just be a scummy company and get that rep with the rest of the brokers. DISGUSTING
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  4. #29
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    the fact that this dude posted on an industry blog that his company questions whether or not they need to pay on renewals? the pitch forks and torches should be ready to destroy this company.

    It is unscrupulous BS like that which makes ISO's angry and in a position to retaliate, whether stacking or flipping.

    You say you are beholdent o the merchant? Is that merchant going to bring you more business to keep the lights on? TO pay your B/D and EXEC salaries? Or is the ISO sending you more deals the one you should be thanking?

  5. #30

    Ocean Financing's poor business practices

    Quote Originally Posted by Ocean Financing View Post
    Amen! Still waiting on that 4k commish FUSION!! pay the people who bring the paper!
    Fusion Capital is a company founded on integrity. Our network of ISO's grow on a daily basis and our reputation speaks for itself. Unfortunately there are people in this industry that are known to exhibit poor business practices. The reason Fusion Capital ended its ties with Ocean Financing is because Ocean Financing came to us with a deal that we assisted them in finding a Funder. Ocean Financing cut Fusion Capital out, doing business directly with the Funder introduced to them to via Fusion's network. Once that happened, Fusion Capital severed its ties and obligations with Ocean Financing.

    Fusion Capital is always looking for synergies with reputable partners. You can contact our Relations Department at 305.907.6153 extension 4, or ask for John Tejada. Thank you.

  6. #31
    Member Reputation points: 131
    Join Date
    Jan 2014
    Location
    Denver, CO
    Posts
    90

    Quote Originally Posted by Chambo View Post
    the fact that this dude posted on an industry blog that his company questions whether or not they need to pay on renewals? the pitch forks and torches should be ready to destroy this company.

    It is unscrupulous BS like that which makes ISO's angry and in a position to retaliate, whether stacking or flipping.

    You say you are beholdent o the merchant? Is that merchant going to bring you more business to keep the lights on? TO pay your B/D and EXEC salaries? Or is the ISO sending you more deals the one you should be thanking?
    Well said.

  7. #32
    Quote Originally Posted by FUSIONCAPITAL View Post
    Fusion Capital is a company founded on integrity. Our network of ISO's grow on a daily basis and our reputation speaks for itself. Unfortunately there are people in this industry that are known to exhibit poor business practices. The reason Fusion Capital ended its ties with Ocean Financing is because Ocean Financing came to us with a deal that we assisted them in finding a Funder. Ocean Financing cut Fusion Capital out, doing business directly with the Funder introduced to them to via Fusion's network. Once that happened, Fusion Capital severed its ties and obligations with Ocean Financing.

    Fusion Capital is always looking for synergies with reputable partners. You can contact our Relations Department at 305.907.6153 extension 4, or ask for John Tejada. Thank you.

    So we come to you asking to find a home for our A paper deal. We knew you couldn't handle it because your biggest file you guys funded was a 45k at 42% over 5 months.... weak. So you send the deal to BFS!!! After your CEO (Ace) gets sued by WG financing for breach of contract he sends me some rude texts blaming Ocean for the lawsuit. We knew that **** was going rough for FUSION so we decided to go to BFS directly and try to keep the deal alive. BFS even respected FUSION and gave you guys plenty of time to try to close our merchant which you guys tried unsuccessfully.

    Funny thing is we didnt even close the deal with BFS! We closed it with Swift! You guys are a joke of a funding company, get your funding up to a Million a month not a million funded in 6 months......

    I like how you guys went out of your way to start this thread thinking everyone on here was going to agree with you and it blew up in your face.

    FYI Fusion is just 3 ex employees and an investor who got kicked out of WG Financing for not putting enough money in deals....

    If anyone wants to discuss feel free to contact me on my direct line!
    305-842-6282
    Daniel Jimenez

  8. #33
    Fusion Capital is above slander and lies. What you are writing is not true.

    Bottom line, action speaks louder than words. To all brokers who do not work with us, sign up and you'll learn by experience how we work. Don't take the word of one bad apple. As for the previous comment, the tone and language used makes it clear what type of person he is, and thereby his company's policies..

    FUSION CAPITAL 1.844.FUSION5 - Fast, Flexible & Next Day Commissions

  9. #34
    Administrator Reputation points: 59879 admin's Avatar
    Join Date
    Jul 2012
    Posts
    641

    And on that note...

    Thead's closed.

Similar Threads

  1. Car Broker/Auto Sales
    By skideeppow in forum Merchant Cash Advance
    Replies: 7
    Last Post: 02-16-2015, 12:58 PM
  2. becoming a broker for Mca funding
    By bostriba in forum Merchant Cash Advance
    Replies: 22
    Last Post: 12-18-2014, 01:06 PM
  3. Funding with a Work Visa?
    By WhoisKingsley in forum Deal Bin
    Replies: 1
    Last Post: 09-03-2014, 02:03 PM
  4. Looking for isos to work with check out our program
    By jake2276 in forum Promotions
    Replies: 5
    Last Post: 04-03-2014, 10:26 AM
  5. Replies: 0
    Last Post: 07-24-2013, 05:33 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY