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  1. #1

    who funds behind a reverse in trucking industry

    Who funds behind a reverse in the trucking industry

  2. #2
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Nobody
    John Celifarco
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    Horizon Funding Group

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  3. #3
    Quote Originally Posted by viper066 View Post
    Who funds behind a reverse in the trucking industry
    Are the leads that bad these days? Nobody in their right minds would fund behind a reverse in trucking.

  4. #4
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    Isn't anyone doing double reverses anymore?

  5. #5
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    Lol

    Tell the merchant to open another business account , that’s the best way.

  6. #6
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    Lightbulb Reverse

    Quote Originally Posted by showtime73 View Post
    Lol

    Tell the merchant to open another business account , that’s the best way.
    So you are advising a merchant to commit fraud? Do you have a lawyer on retainer.

    A Reverse is designed to assist an owner extract themselves from the pickle jar and you would be
    assisting in" Contract Tortious Interference"
    Dave Lambert, Business Development
    dave@fcbankcard.com
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    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
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  7. #7
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    Quote Originally Posted by Yankeeman07 View Post
    So you are advising a merchant to commit fraud? Do you have a lawyer on retainer.

    A Reverse is designed to assist an owner extract themselves from the pickle jar and you would be
    assisting in" Contract Tortious Interference"
    A reverse is designed to fool a confused merchant to take a 30 day deal

  8. #8
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    Quote Originally Posted by Michael I View Post
    A reverse is designed to fool a confused merchant to take a 30 day deal
    Anyone know of a reverse that is completed within 30 days? All the "Reverse Contracts" I've read are much longer than 30 days.
    Not saying I'm much of a fan, but, if it takes a merchant from a factor of plus 45 to a 25. I guess that helps
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  9. #9
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    Quote Originally Posted by Yankeeman07 View Post
    Anyone know of a reverse that is completed within 30 days? All the "Reverse Contracts" I've read are much longer than 30 days.
    Not saying I'm much of a fan, but, if it takes a merchant from a factor of plus 45 to a 25. I guess that helps
    if you look at the whole advance, yes its 6 months. but if you look at each induvial advance its under 30 days .in reality it is 10 sperate under 30 days advances. I have had merchants that volume went down that they did not continue to give him, that is proof that it is just 10 separate advances

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