[Showmethemoney]

who are they

[jjrouss]

Big red flag here

[SmartAdvanced]

Rockets fly fast don’t they

[albertmalah]

i was working with a merchant today who dealt with the same issue, This one is actually much worse.
They have been pulling daily payments from this merchant for a few days and the didnt even fund the merchant! They had to put a stop payment on them.

[Showmethemoney]

Welcome to the WILD WEST ! see this 10 times a day

[BROKER TIME]

you all are so funny calling out people because of this.
you make it like you guys haven't promised the merchants the moon the stars and your first born to close a 5k deal
it is what it is there are some bad eggs just move on to the next deal and close it

on a better note its HUMP DAY

[mistamca]

you all are so funny calling out people because of this.
you make it like you guys haven't promised the merchants the moon the stars and your first born to close a 5k deal
it is what it is there are some bad eggs just move on to the next deal and close it

on a better note its HUMP DAY

Actually, some of us don't need to commit fraud to make money in this industry

[BROKER TIME]

Actually, some of us don't need to commit fraud to make money in this industry

so your saying you or anyone at the place your work at never told told a merchant something you knew not to be true?
paaaaleeeease
your all saints until you get caught

not defending sending out 2 contracts .. but just pointing out that everyone here make it like their **** dont stink

[abfunders]

so your saying you or anyone at the place your work at never told told a merchant something you knew not to be true?
paaaaleeeease
your all saints until you get caught

not defending sending out 2 contracts .. but just pointing out that everyone here make it like their **** dont stink

I have never lied to a merchant, especially about the funding amounts/fees. Never done a bait and switch either. Unfortunately, a few brokers who I worked with did lie to the merchants (after funding taking fees and claiming the funder will refund them, taking up-front fees for equity deals, etc), and I had to cut them off when I found out about it.

[BR-Nightmare]

I have never lied to a merchant, especially about the funding amounts/fees. Never done a bait and switch either. Unfortunately, a few brokers who I worked with did lie to the merchants (after funding taking fees and claiming the funder will refund them, taking up-front fees for equity deals, etc), and I had to cut them off when I found out about it.

It's things like that that make it hard to simply feel that "it is what it is"

Individuals that deceive Merchants like that need to be held accountable. It's that bad apple that gets picked by the wrong hand that will assume all apples will be the same, when clearly that's not true.

[mistamca]

so your saying you or anyone at the place your work at never told told a merchant something you knew not to be true?
paaaaleeeease
your all saints until you get caught

not defending sending out 2 contracts .. but just pointing out that everyone here make it like their **** dont stink

No I have never committed fraud nor do I plan to lol. Has fraud happened at my company before? Yes, which is why every sales rep signs a 1 page contract per funding that has some very aggressive conditions, and every bit of communication is recorded and they are not allowed to give out personal numbers to anyone.

This is also why I am big on regulating this industry.

[abfunders]

No I have never committed fraud nor do I plan to lol. Has fraud happened at my company before? Yes, which is why every sales rep signs a 1 page contract per funding that has some very aggressive conditions, and every bit of communication is recorded and they are not allowed to give out personal numbers to anyone.

This is also why I am big on regulating this industry.

Wow, that's a great idea mistamca. Can you please make public your contract? Throw it up on a Google Doc and anonymize it if you want. I think it would help A LOT of people. I'd love to throw it onto my SignNow as a template and just use it myself for my sub-brokers.

Personally, I created a sub-broker clause that tells the ISOs who I work with not to charge extra fees without telling me, but that's as far as it goes. I'd love a slightly more thorough one.

[WeFundIt]

Actually, some of us don't need to commit fraud to make money in this industry

Bravo! Agreed! No need to lie, cheat and sacrifice your integrity for any amount of money. NO THANKS!! I'd rather make nothing and be able to look myself in the mirror and my kids and grandkids in their eyes, knowing that I didn't screw a soul.

[BrooklynFunder]

Interesting...

[Michael I]

They're the same peoples as Lego and tick tock -
Promising merchants millions of dollars in funding "after" they pay off the 1.49 10 day deal.

Hillel back at work...

who are they ? lego straight up took an A merchant gave him docs for 800k 30 years loan with him having to take 30k pay back 60k for 10 days then ghosted him.

[letsgetmoney]

Yea this doesn't sound good.

[mycmoneyman]

who are they ? lego straight up took an A merchant gave him docs for 800k 30 years loan with him having to take 30k pay back 60k for 10 days then ghosted him.

They're all connected to a woman that goes by "JADE". (jade@pinnaclefundinggrp.com)
Phone number for her is 310-596-6660 - have fun.
Warn your merchants not to do any business with her or the guys she's working with/for.
Attached is a sample of what she sends out.
Capture.JPG

[BrooklynFunder]

and the plot thickens...

[simplespeak]

1st post. yes rocket debits as coast to coast they are bad news.