Contract Financing
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  1. #1
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Contract Financing

    Who are they? Par/CBSG, or somebody else?

  2. #2
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    Quote Originally Posted by Funder Mark View Post
    Who are they? Par/CBSG, or somebody else?
    PAR, CBSG, Complete, Staten Island, and Contract Financial - might be more

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    I wouldn't go looking for funding from Par or its affiliates these days. You don't wanna get tangled up in that mess

  4. #4
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by Chambo View Post
    I wouldn't go looking for funding from Par or its affiliates these days. You don't wanna get tangled up in that mess
    Was looking to avoid it, by finding other names they fund under, and stay away from any deals with them inside

  5. #5
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    Quote Originally Posted by Funder Mark View Post
    Was looking to avoid it, by finding other names they fund under, and stay away from any deals with them inside
    spoke to a merchant today he said hes not sure what he supposed to do now that PAR has stopped debiting his account

  6. #6
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    Quote Originally Posted by happyman View Post
    spoke to a merchant today he said hes not sure what he supposed to do now that PAR has stopped debiting his account
    I am sure the trustee will be in touch with them.
    Kevin 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

  7. #7
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    Quote Originally Posted by happyman View Post
    spoke to a merchant today he said hes not sure what he supposed to do now that PAR has stopped debiting his account
    I've had ISO's submit deals to me with the body of the email stating "Par is paid in full"

  8. #8
    If anyone is looking for a consolidation company, feel free to give me a call or email. We an an ISO friendly funder and we pay 10 points on consolidations.
    Gabe Martinez | (754) 778-7874
    Gabe@qfscapital.com
    QFS Capital - Specializing in Reverses

  9. #9
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    Quote Originally Posted by Funder Mark View Post
    Was looking to avoid it, by finding other names they fund under, and stay away from any deals with them inside
    You won't fund a deal if Par is in there? Why not?

  10. #10
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    Try finding a deal that Par isnt in these days.
    I have never seen them in so many statements as I have seen these past few weeks.
    Seems like they new something was up and ramped up the funding.

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