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02-10-2021, 01:38 PM #1
- Join Date
- Mar 2016
- Posts
- 904
funders want a few simple things from their iso's.
Submissions with statements labeled correctly, quality paper that fits their box, any information about the file in the body of the email, (Positions, balances, etc.) Good communication and some files crossing the finish line.
Nothing worse than an iso that submits a deal with "j1hb23ghj123" labeled on the statements, no information and "GET ME MAX" when the guys looking for 50k doing 6k each month...cmon.Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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02-10-2021, 06:37 PM #2
- Join Date
- Apr 2016
- Location
- Ft Lauderdale
- Posts
- 57
Max is my dog !!!!!
Jake Strelzik
305- 785-2548
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02-11-2021, 09:30 AM #3
- Join Date
- Apr 2013
- Posts
- 245
I couldn't agree more with the labeling of those kind of statements. Going back and forth trying to figure out what month is what makes the process take longer.
I also agree with everything DownToFund has said especially the having all of your reps call me for an update on every single deal 5 mins after they submit it. Very annoying.
Also like to add, which has happened a few times.
-Don't CC all of your lenders in a submission especially when you meant to BCC. LOL.
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02-11-2021, 10:04 AM #4
Interesting. The mislabel never really irked me. Open a PDF, you see its Chase acct ending #3341 for April, and 2 seconds later just close the tab and rename Apr 3341. But to each his own, everyone is different and there really isn't a right or wrong answer here, it just boils down to personal preference.
To piggyback on this, I get pretty snarky when I get either dropbox links, or merchant login info as opposed to attached docs. To me, this pretty much translates to:
"hey.. here's a deal. Go fetch the statements and everything you need, then process and then pay me thanks".
If I'm doing your job for you I'll be taking the compensation too. I am not your secretary. Either do your job or take it elsewhere.
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