Mantis Dead?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 25
  1. #1
    Member Reputation points: 325
    Join Date
    Jan 2020
    Location
    CT
    Posts
    25

    Mantis Dead?

    Has anyone been able to get in touch with Mantis? They completely stopped answering emails, phones don't work, and they owe commission on a couple deals...

  2. #2
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    I noticed on Thursday they were pushing so hard to close offers that day. I immediately was wondering why they were pushing so hard to fund them that day. First thing that came to my mind was that they were closing up shop that very day.

    Also, Marcus hasn't been on here since. That's the tell.

  3. #3
    Senior Member Reputation points: 23750
    Join Date
    Aug 2014
    Posts
    194

    ^^^^ Agreed

  4. #4
    Member Reputation points: 325
    Join Date
    Jan 2020
    Location
    CT
    Posts
    25

    Wow. Hopefully they answer soon. Can't see ISOs acting in good faith towards them otherwise

  5. #5
    Senior Member Reputation points: 14001
    Join Date
    Jul 2018
    Posts
    193

    How big is the commission?

  6. #6
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Its over.. find something else

  7. #7
    Senior Member Reputation points: 43599 brokerCompany's Avatar
    Join Date
    Aug 2015
    Location
    CALIFORNIA
    Posts
    930

    Quote Originally Posted by golf2014 View Post
    Its over.. find something else
    So you are saying there is still a chance for double digit commission?

  8. #8
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    Damn, no commission. So these assholes were pressing the **** out of me to close deals that they had no intention of paying commission on. Even as they added their own PSFs?

    Marcus, I know you’re watching. If/when you ever resume funding, no one should trust you again.

  9. #9
    Senior Member Reputation points: 2271
    Join Date
    Nov 2017
    Posts
    153

    I submitted to mantis early today no response, crazy because I was thinking the same thing ..

  10. #10
    Senior Member Reputation points: 86876
    Join Date
    Feb 2018
    Posts
    1,349

    i read a post on social media that 4 funders have started their liquidation process. not sure who but if Debanked learns, please share if legit!!!

    https://www.become.co/blog/alternati...stry-shutdown/
    Last edited by fundingsmbs; 03-24-2020 at 07:36 PM.

  11. #11
    Member Reputation points: 325
    Join Date
    Jan 2020
    Location
    CT
    Posts
    25

    Quote Originally Posted by blashley View Post
    How big is the commission?
    it was significant. the two combined would've been a big help to this month, especially to my brokers. i'm still paying my brokers out because i have the bankroll and they did the work. they need to be taken care of in times like this.

    MARCUS. I know you're reading. I specifically looked at my profile visitors prior to posting this, you weren't on there. I just checked again, and now I see mcaguru. For now, I will give Mantis the benefit of the doubt. These are hectic times and I assume there's a ton of restructuring going on at Mantis given that no one is answering and phones don't even work. The community expects answer and commissions...
    Last edited by sbuda150; 03-24-2020 at 07:40 PM.

  12. #12
    Senior Member Reputation points: 18328
    Join Date
    Oct 2013
    Location
    Designer
    Posts
    568

    Quote Originally Posted by sbuda150 View Post
    i'm still paying my brokers out because i have the bankroll and they did the work. they need to be taken care of in times like this.


    ...


    This is the definition of class.

  13. #13
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
    Posts
    380

    We are open and funding!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  14. #14
    Senior Member Reputation points: 91418
    Join Date
    Sep 2019
    Posts
    402

    Quote Originally Posted by WestCoastFunding View Post
    Damn, no commission. So these assholes were pressing the **** out of me to close deals that they had no intention of paying commission on. Even as they added their own PSFs?

    Marcus, I know you’re watching. If/when you ever resume funding, no one should trust you again.
    Did anyone trust him before? @Marcus, the silence is DEAFENING.

  15. #15
    Senior Member Reputation points: 117
    Join Date
    Apr 2017
    Posts
    127

    Quote Originally Posted by sbuda150 View Post
    Has anyone been able to get in touch with Mantis? They completely stopped answering emails, phones don't work, and they owe commission on a couple deals...
    We are open and funding! Our entire team is set up to work remotely from home so there is no delay in response times to our ISO Partners

  16. #16
    Senior Member Reputation points: 60165
    Join Date
    Jun 2018
    Posts
    462

    Quote Originally Posted by Red View Post
    We are open and funding! Our entire team is set up to work remotely from home so there is no delay in response times to our ISO Partners
    will you be paying your partners commissions? because it doesnt mention that in your post

  17. #17
    Senior Member Reputation points: 86876
    Join Date
    Feb 2018
    Posts
    1,349

    thats all we need a bunch of remote reps working fr home poaching deals! run for the hills boys n girls and come back when things clear.

  18. #18
    Senior Member Reputation points: 14001
    Join Date
    Jul 2018
    Posts
    193

    Quote Originally Posted by sbuda150 View Post
    Has anyone been able to get in touch with Mantis? They completely stopped answering emails, phones don't work, and they owe commission on a couple deals...
    Did you get paid your commission?

  19. #19
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    Mantis is still sending me automated email reminders of offers I have. Sending this **** to spam.

    Anyone know the name of the owner of Mantis (no Marcus didn’t own it).

  20. #20
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,455

    Quote Originally Posted by WestCoastFunding View Post
    Mantis is still sending me automated email reminders of offers I have. Sending this **** to spam.

    Anyone know the name of the owner of Mantis (no Marcus didn’t own it).
    Mike Marano
    Hedley Lamarr......That's Hedley

  21. #21
    Senior Member Reputation points: 32977
    Join Date
    Dec 2017
    Posts
    238

    Let's be real guys, mantis thrived on low hanging fruit. They have one of the worst books in the industry.

    All of those pikers busted out and they're dead... Karma is a *****.
    Last edited by mrmrg; 03-27-2020 at 01:37 PM.

  22. #22
    Senior Member Reputation points: 14001
    Join Date
    Jul 2018
    Posts
    193

    Quote Originally Posted by WestCoastFunding View Post
    Mantis is still sending me automated email reminders of offers I have. Sending this **** to spam.

    Anyone know the name of the owner of Mantis (no Marcus didn’t own it).
    At least he wont stack Fundkite lol

  23. #23
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
    Posts
    867

    Quote Originally Posted by WestCoastFunding View Post
    Mantis is still sending me automated email reminders of offers I have. Sending this **** to spam.

    Anyone know the name of the owner of Mantis (no Marcus didn’t own it).
    yup, i have been getting them as well
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  24. #24
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Mike Marano
    Is that who it is? The former Yellowstone guy.

  25. #25
    Senior Member Reputation points: 86876
    Join Date
    Feb 2018
    Posts
    1,349

    Location of This Business
    225 Clematis St STE 202, West Palm Beach, FL 33401-5564

    BBB File Opened: 1/12/2017
    Years in Business: 4
    Business Started: 7/7/2015
    Business Started Locally: 7/7/2015
    Business Management
    Mr. Michael Marano, CEO

Similar Threads

  1. COJs are dead
    By MidnightAdvance in forum Merchant Cash Advance
    Replies: 22
    Last Post: 10-03-2017, 04:59 PM
  2. Cold Calling IS NOT DEAD....
    By wallerbusiness in forum Merchant Cash Advance
    Replies: 33
    Last Post: 09-20-2017, 01:02 PM
  3. From dead deal to FUNDED.
    By pmoney in forum Merchant Cash Advance
    Replies: 16
    Last Post: 11-04-2015, 11:53 AM
  4. Dead Money
    By JayBallentine in forum Merchant Cash Advance
    Replies: 0
    Last Post: 01-12-2014, 11:20 AM
  5. FICO is dead
    By miked in forum Merchant Cash Advance
    Replies: 10
    Last Post: 04-04-2013, 01:31 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

Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe


DIRECTORY