Results 26 to 40 of 40
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01-29-2020, 07:50 AM #26
- Join Date
- Jan 2020
- Posts
- 20
FYI I was a registered representative with FINRA
What makes my go-to lenders? Prior to entering the industry, I spent a lot of time researching every piece of public information available about the space. I literally went through every post on this site! LinkedIn, conversations with old colleagues who were in securities & who now are in the alternative lending space. Some of my old friends pushed me in the direction of certain lenders & even then I had certain questions. Reserve engineering some of the algorithms lenders use as well helped me to see which lenders understood what my goals were for my clients. Also, when you got some throw away money to syndicate on deals then they take you a bit more seriously.
*The fact you are saying I should be nice to my ISO Manager is kinda sad if you think about it
P.S. I know how money works!
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01-29-2020, 07:55 AM #27
- Join Date
- Jan 2020
- Posts
- 20
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01-29-2020, 08:01 AM #28
- Join Date
- Jan 2020
- Posts
- 20
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01-29-2020, 08:03 AM #29
- Join Date
- Jan 2020
- Posts
- 20
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01-29-2020, 08:04 AM #30
- Join Date
- Jan 2020
- Posts
- 20
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01-29-2020, 02:04 PM #31
- Join Date
- Jun 2015
- Posts
- 754
TIP: DO NOT CALL MR ADVANCE they will NOT guide you.
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01-29-2020, 04:34 PM #32
- Join Date
- Jun 2013
- Posts
- 293
Read your ISO agreements. Look for the section that discusses exclusivity on your submissions and cross it out. A lot of funders include verbiage that gives them the right, after a certain amount of time, to contact your client and solicit them directly without paying you on it. That time given can be a month, or even as short as a week before they can start marketing to your client. And anyone who has tried selling something knows, not all sales are finalized on the first call. Sometimes, follow up is key in converting a deal. And that requires more time. And, you'd probably prefer to try and pitch that merchant later on without 5 other cash advance companies, that you sent the submission to, trying to pitch them as well.
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01-29-2020, 04:42 PM #33
Can't fund sweep accounts. Good luck
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01-29-2020, 05:46 PM #34
- Join Date
- Dec 2015
- Posts
- 49
@smartadvanced. right.. says the guy who does not show his name or number.. I actually do guide, listen kiddo come to our office and tell me what i do and what i do not do, you are more then welcome.. i am looking forward to it.
Stay in your lane kid or be professional and stop bashing real companies unlike yourself who is probably a struggling ISO. Come to my firm so you can have a veteran show you the business. Have a nice day kidAvi Levi
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01-29-2020, 05:50 PM #35
- Join Date
- Dec 2015
- Posts
- 49
@jack23, Keep funding kiddo. You spoke to my firm last year. Our operation is clean, strictly direct funding not animals.
A funding sponsor at Debanked. We have the proper credibility. The fellow who you spoke to is no longer at our firm.
P.S. Thank G-dAvi Levi
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01-30-2020, 12:44 PM #36
- Join Date
- Jul 2019
- Posts
- 13
Welcome to the industry ,
If you have any questions i am always here to help !
Feel free to give my office a ring (347)491-5219
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02-05-2020, 01:40 PM #37
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02-07-2020, 01:11 AM #38
- Join Date
- Dec 2018
- Posts
- 19
Once you are done getting declines everywhere send us us stuffs and we'll turn your trash into cash.
subs@wgfinancinginc.com
The odest MCA Funding company alive today since 2005.
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02-07-2020, 08:58 AM #39
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,481
-Know your Customer....Know your sources of capital.....Know your referral sources.... It will keep you out of trouble and not waste time.
-If you get a random phone call from someone you don't know about a "great deal" always ask yourself.... "why am I so lucky to be getting this call. Beware of GEEKS bearing GIFTS....it never works.
-If you can't connect the dots with in 15 minutes run..... Who are they? How do they make money? What is the business?
-If you ask someone a very simple and straight forward question and they ramble for 20 minutes without really giving you an answer.....chances are you should not even do business with this person.
-Know when someone is treating you like a vendor instead of a partner. When someone treats you like a partner, you win a client. When treated like a vendor, you will be lucky to close a deal, it will likely be a rocky relationship, and they WILL seek another VENDOR in short order.
-Don't concentrate on closing deals.....win customers!
KHKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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02-12-2020, 12:35 AM #40
- Join Date
- Sep 2019
- Posts
- 402
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