Results 1 to 13 of 13
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12-14-2021, 02:51 PM #1
- Join Date
- Mar 2016
- Posts
- 908
CFG Merchant Solutions
Good afternoon All, Been a while since ive done one of these...
CFG is looking to continue boarding new ISO's / Brokers. We are currently funding just north of 20M per month and are looking to hit our next milestone. The only way to do that is by taking on new partners and increasing funding.
We offer competitive pricing, with factor rates typically around the 1.47-1.48 range. Our terms can range anywhere from 70 days to 8-10 months depending on the deal itself, other positions, credit etc. I pay 12% Commission with some instances going up to 13-14%.
Our main funding box is the 2nd+ position market, but we do a ton of 1st position deals, however they are usually on the smaller side. If the merchant has payment history with other funding companies we can go up to 400k if the revenue justifies an offer of that size.
Honor and integrity is how we go to this point, so i believe we are one of the safest firm to send a submission to. We are 100% ISO driven. We have no sales department, we don't call old leads, we don't market to new merchants. Absolutely nothing... we don't have the time even if we wanted to.
If anyone has any questions, feel free to reach out to me directly. I look forward to seeing some new paper - Enjoy your day!Last edited by Lmonus; 02-08-2022 at 02:50 PM.
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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12-14-2021, 02:58 PM #2
- Join Date
- Feb 2017
- Posts
- 3,463
Lior and CFG = Solid
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02-08-2022, 02:50 PM #3
- Join Date
- Mar 2016
- Posts
- 908
Bump - hope all is well with everyone!
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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02-08-2022, 04:47 PM #4
- Join Date
- Feb 2018
- Posts
- 1,349
"We have no sales department, we don't call old leads, we don't market to new merchants. " I think every single co that says this, does the opposite. Fact check.
$20m mo? Thats what Kapitus does with it's ISO business are you saying you do as much as Kapitus?
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02-08-2022, 04:51 PM #5
- Join Date
- Sep 2021
- Posts
- 43
I know a rep at CFG & he told me they do roughly $5m-$7m a month.
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02-08-2022, 04:59 PM #6
- Join Date
- Apr 2015
- Location
- New York, NY
- Posts
- 31
CFG has always been solid.
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02-09-2022, 11:31 AM #7
- Join Date
- Mar 2016
- Posts
- 908
We have no sales department, we don't call old leads, we don't market to new merchants is a 100% Fact.
In the month of January we funded 23M through out 1200ish units. In the year of 2021 we funded just under 220M across 11k units. So, if Kapitus is funding about 20m per month, yes we fund just about the same. Sometimes less, sometimes more - Depends on the month.Last edited by Lmonus; 02-09-2022 at 11:44 AM.
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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02-09-2022, 11:32 AM #8
- Join Date
- Mar 2016
- Posts
- 908
Last edited by Lmonus; 02-09-2022 at 11:52 AM.
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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02-09-2022, 12:17 PM #9
- Join Date
- Apr 2015
- Posts
- 300
i feel like i see CFG in a ton of files- i think they have to do way more then 7 million a month
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02-09-2022, 12:35 PM #10
- Join Date
- Oct 2021
- Posts
- 226
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02-09-2022, 12:48 PM #11
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 262
CFG has been a staple in their box for years
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02-09-2022, 01:41 PM #12
- Join Date
- Oct 2020
- Posts
- 92
CFG has been great. Only wish I knew about him earlier. 3 months in and hes been nothing short of solid accross the board.
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02-10-2022, 12:56 PM #13
- Join Date
- Aug 2020
- Posts
- 42
I deal with Aaron Gottlieb at CFG. Top shelf. ALWAYS answers his phone.
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