Results 26 to 42 of 42
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06-08-2021, 10:25 AM #26
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there is also the ISO Agreements that typically state once you submit that file or they fund it, that deal is owned by the funder. If said language exists, are they really backdooring? in general, a company that doesn't have their own sales force, will never be able to control their sales with only 1099s. Most figured out you need both. National, for example, brokers out a ton of business for revenue.
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08-15-2022, 08:31 PM #27
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- Apr 2021
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Im pretty sure 90% of lenders do have an internal sales team, i work with sam at prime advance a-all the time... guys super honest and i never ever had an issue with him.
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08-16-2022, 09:53 AM #28
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We do not have an internal sales team.
Reach out to get signed up and discuss our guidelines.Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
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08-16-2022, 10:54 AM #29
Reputation points: 22201
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- Dec 2021
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Capybara Capital is ISO Driven. No Sales Team. submissions never become a lead --- its the ISO's file/deal not ours!! we make offer or decline --- unsold offers are never touched. This is the main reason the largest and savviest brokerage shops love working with Capybara Capital (and for the flexibility in terms and lower buy-rates, and ability to try to beat (INCREASE) all offers including the MEGA-SIZE 300K-3M)).....
Sign-Up today! marcus@capybarausa.comLast edited by MCA-VET; 08-16-2022 at 10:57 AM.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-16-2022, 12:07 PM #30
Reputation points: 1766
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- Oct 2021
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Its mind boggling how this world of MCA works. From all responses it is very clear that its a given that a lot of s... is going on. I would assume that the original poster just wanted to know who doesnt have (a legitimate) sales arm but reading the responses I smell that everyone has a hunch that there are some backdooring going on. huh? who? And what makes someone think that coming here and posting "we dont have" you automatically being believed if its such a shady environment. But since I am new here I would humbly like to ask an innocent question why do alot of established funders need a BBF looking company on the side?
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08-16-2022, 01:21 PM #31
Reputation points: 86941
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so they don't have to pay you commissions and can control the sale. brokers are free leads if you think about it. better than leads, you get banks, signed apps, tell the company what your customer needs. its the perfect setup. what is surprising is that we haven't seen litigation regarding this. maybe its happened and just doesn't become public forum.
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08-16-2022, 01:23 PM #32
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I would more then welcome the concept of Debanked or 3rd party company like Deloitte PwC, Accenture, KPMG certify a funder that no backdoor shenanigans are taking place.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-16-2022, 01:29 PM #33
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08-16-2022, 02:04 PM #34
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08-16-2022, 02:06 PM #35
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Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-16-2022, 02:11 PM #36
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Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-16-2022, 02:12 PM #37
Reputation points: 1766
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08-16-2022, 02:18 PM #38
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08-16-2022, 02:26 PM #39
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Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-16-2022, 02:51 PM #40
Reputation points: 1766
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08-16-2022, 03:21 PM #41
Reputation points: 142
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- Jul 2022
- Location
- BROOKLYN NY
- Posts
- 60
there's a legit lender then there are chop shops if your looking for a home for your deals ill be more than happy to help you start funding more of your deals see us in statements
Leon Davis
Funder / Iso Relations
Brickstone Fund
Phone: 347-433-7727
EMAIL: Leon@brickstonefund.com
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08-16-2022, 03:58 PM #42
Reputation points: 340530
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
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
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