Newco

**fundingsmbs** · 01-31-2022, 11:05 AM

we are thinking about signing up with Newco. We lost a few deals to them. Any feedback from other ISo's on experience?

**SendDocsPlox** · 01-31-2022, 11:09 AM

I've heard some stories about backdoors after an approval isnt sold, granted the average MCA Rep / Processor is a brainlet and jump to the wrong conclusions often with these kind of accusations

I DO know they'll give the 2nd submitting ISO a better deal if the 1st ISO doesnt sell the offer fast enough, which I consider to be bull****
But whatever, play at your own risk

Not bad people otherwise

**fundingsmbs** · 01-31-2022, 11:12 AM

good feedback. yeah, i think most funders have their special ISO's they give better deals to in general. Way of the bz

**SendDocsPlox** · 01-31-2022, 11:17 AM

Originally Posted by fundingsmbs

good feedback. yeah, i think most funders have their special ISO's they give better deals to in general. Way of the bz

Funny thing is that its not even with like preferred ISOs, they'll do it to literally any ISO who subs to them to get the deal closed

Seen this at a few shops I've worked for / done consulting with

**tonymotts** · 01-31-2022, 11:43 AM

Great funder !!! and good people

**fundingsmbs** · 01-31-2022, 11:48 AM

are they the breakoff from Kalamata group?

**InsiderInfo** · 01-31-2022, 12:02 PM

Avoid

**m1641** · 01-31-2022, 12:27 PM

spoke to someone that worked there & they said they heard backdoor rumors as well but couldn't confirm them. I'd avoid.

**fundingsmbs** · 01-31-2022, 01:20 PM

who is the owner principals

**jfeinberg** · 01-31-2022, 03:27 PM

1000% legit company, and great people. If you don't work with them your missing out.

**InsiderInfo** · 01-31-2022, 03:47 PM

Originally Posted by jfeinberg

1000% legit company, and great people. If you don't work with them your missing out.

Bruce called in a favor huh?

**jfeinberg** · 02-01-2022, 09:20 AM

Originally Posted by InsiderInfo

Bruce called in a favor huh?

Our rep is Sara, has been for at least 8 years. There has not been a change in service through any of the company changes. Always have been amazing.

**Michael I** · 02-01-2022, 10:26 AM

i have been working with jacob gahfi for years and have only had good experiences with them

**fundingsmbs** · 02-01-2022, 10:36 AM

https://dailyfunder.com/showthread.p...-Capital-Group

lots of different feedback here. hard to tell whats truthful

**Mcadefender** · 02-02-2022, 06:45 AM

Back Door PROS Cousins Leggo

**ABillionPoints** · 02-03-2022, 03:46 PM

If you're comfortable having your clients sign away power of attorney on a funding contract, sure have at it.

edit: scratch that, I meant to say Capytal which is owned by Newco... not really the same thing but kind of the same.

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