[CROSULTING]

TWENTY DAY deals? I am sure those deals aren't done at 1.05 or 1.10 either.

Then people want to know why the Gov't has gotten involved.....

Thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

[GreenFundNY]

thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

true that

[Gabe Cohen]

Send them my way and we'll do our best to give them competitive offers. WE ARE HIGH RISK

Ph: 732-595-2117
email: gabe@noblefundinggroup.com

[Kevin Henry-Seacoast]

Thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

Chambo is far from a freak. Chambo knows.....

[Mike Davis]

Thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

can't argue with this

[Andy_Union]

Anyone in the industry for more than a minute knows Chambo is a seasoned veteran and knows what he is saying. I'm not saying that some of his posts don't have a negative vibe to them but they are coming from a place of experience most on this forum do not have. You may not like what he says but you have to listen and do with it as you see fit. Responding and calling him a freak will get you nowhere.

[CROSULTING]

Anyone in the industry for more than a minute knows Chambo is a seasoned veteran and knows what he is saying. I'm not saying that some of his posts don't have a negative vibe to them but they are coming from a place of experience most on this forum do not have. You may not like what he says but you have to listen and do with it as you see fit. Responding and calling him a freak will get you nowhere.

Anyone who has been in this industry for longer than a minute has closed multiple 20 - 60 day deals. It's really not that uncommon considering most merchants have stacked 1-4 positons already. A closer is only as good as his ability to sell a 20 - 60 day deal, anyone with a pulse can sell a credibly / IOU deal @ 1.15.

[Ronny Jacobs]

A-d paper
2nd to 6th positions
previous defaults
6 months in business
20k min revenue
no restrictions on industries

[Andy_Union]

Anyone who has been in this industry for longer than a minute has closed multiple 20 - 60 day deals. It's really not that uncommon considering most merchants have stacked 1-4 positons already. A closer is only as good as his ability to sell a 20 - 60 day deal, anyone with a pulse can sell a credibly / IOU deal @ 1.15.

And this is exactly why Chambo wrote what he wrote. These are the deals that cause merchants to default and ruin our reputation.

[Dcohen]

thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

facts!

[Chambo]

Thanks for the response, but you can take your negativity and bring it elsewhere. I'm not pitching 20 day deals to qualified merchants. These products are for the merchants who have negative payment history and/or default history, and to them, it's their only chance of getting funded. At the end of the day, these are grown adults reading an agreement and accepting the terms. We aren't forcing anyone to take the deal so take a hike you freak.

Same argument was used with COJs too....how did that one turn out? All it is going to take is three or four of these merchants testifying & crying in a public (eg. legal) forum about being "forced" to pay 40-50 cents on the dollar over two months......and it is a wrap. Doesn't matter how tough you pretend to be, or how loud you scream or beat your chest.

Nobody wants regulation or the Feds taking over the arena...but you guys are giving them EVERY opportunity and in some cases DARING them to come after you. Some of you dudes need to open up a book and read some history. NOBODY EVER in the business/criminal history of the US has taunted the Gov't, and walked away unscathed, if even still standing....ever

You can go take your freak hike with THAT knowledge, and leave the rest of us to clean up the mess and move on

[CROSULTING]

Same argument was used with COJs too....how did that one turn out? All it is going to take is three or four of these merchants testifying & crying in a public (eg. legal) forum about being "forced" to pay 40-50 cents on the dollar over two months......and it is a wrap. Doesn't matter how tough you pretend to be, or how loud you scream or beat your chest.

Nobody wants regulation or the Feds taking over the arena...but you guys are giving them EVERY opportunity and in some cases DARING them to come after you. Some of you dudes need to open up a book and read some history. NOBODY EVER in the business/criminal history of the US has taunted the Gov't, and walked away unscathed, if even still standing....ever

You can go take your freak hike with THAT knowledge, and leave the rest of us to clean up the mess and move on

Chambo, you do understand that I myself am not the funder. If all a merchant qualifies for is a 20 - 60 day deal, I am going to sell it and make as much money as possible. I've had multiple merchants decline a 20 - 60 day deal, because they are grown men who read an agreement and realize they will not be able to handle the payments. If I present a 20 - 60 day deal to a merchant and he willingly moves forward with the deal, the fault is on him, not me. My job as a broker is to find the merchant the best deal for which he qualifies. If that merchant only qualifies for a 20 - 60 day deal where he is paying .50 on the dollar, I am going to give him his option. It is then his job to use his best judgement (pun intended) to figure out if that deal will work for his business. Chambo, I can tell you're a great salesman by your few responses to my posts if you ever need work a seat will always be open for you!

[RickyR3712]

Same argument was used with COJs too....how did that one turn out? All it is going to take is three or four of these merchants testifying & crying in a public (eg. legal) forum about being "forced" to pay 40-50 cents on the dollar over two months......and it is a wrap. Doesn't matter how tough you pretend to be, or how loud you scream or beat your chest.

Nobody wants regulation or the Feds taking over the arena...but you guys are giving them EVERY opportunity and in some cases DARING them to come after you. Some of you dudes need to open up a book and read some history. NOBODY EVER in the business/criminal history of the US has taunted the Gov't, and walked away unscathed, if even still standing....ever

You can go take your freak hike with THAT knowledge, and leave the rest of us to clean up the mess and move on

Chambo where do you work?