Results 1 to 22 of 22
Hybrid View
-
09-14-2020, 01:18 PM #1
- Join Date
- Sep 2019
- Posts
- 109
Libertas s the best in the biz
-
09-15-2020, 10:05 AM #2
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 263
If you like your larger clients being poached, and then being terminated as an ISO... go for it. This happened to me in early 2019 and I heard it happened to one other ISO too. As a payback for this noble business practice, that merchant ended up defaulting on Libertas, 3 months later.. over $1m.. Karma showed up in a big way. Honestly I don't like to see any business damaged in this way and of course this default would have most likely occurred anyway. However, it was very wrong of Randy, the majority owner of Libertas to do this me. I don't normally call out funders online, however I realize that keeping this info to myself is a bit selfish to my fellow mca'ers. It was pretty surreal having this happen to me, but I knew if I sat back and kept quiet, this company would be punished. Did they learn from this? I highly doubt it. Will they do it again? Yes, in a minute. While I'm at, I would stay far far away from Simply Funding. I'll save that for another time.. but wow, just wow. Been in this space for 15 years and I guess it makes sense that I have some crazy exeriences to share... There are so many honest and professional funders in this space.. but these two are not.
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
Similar Threads
-
11 months in business need an A paper rate solid file all around ideas?
By Supremefunding in forum Deal BinReplies: 3Last Post: 10-04-2019, 12:48 PM -
Solid Buyer Needed For Solid Leads
By leadslynda in forum PromotionsReplies: 0Last Post: 05-07-2018, 10:10 AM -
I need a solid lender for a Dental Practice Purchase
By Advanta Funding in forum Deal BinReplies: 12Last Post: 02-23-2015, 03:32 PM -
Need help from a solid lender
By getlikwid247 in forum Business LoansReplies: 12Last Post: 01-14-2015, 04:41 PM -
Need help from a solid lender!
By getlikwid247 in forum Merchant Cash AdvanceReplies: 19Last Post: 10-07-2014, 05:38 PM