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04-12-2022, 04:32 PM #1
I thank you for your clarification.
Unfortunately what this looks to be is a scare tactic. You're threatening to do something you actually can not do to a merchant. What is the point? Would someone care to chime in if it's even legal to do that to a Merchant?
This isn't to bash your company. However, you're clearly not seeing that you have a lot of red flags in your posts. If you follow the threads on here we've seen much crazier things advertised that clearly do not make sense.
I understand you work there. You're coming in looking to let us know who you are. I would recommend you visit debanked.com and read up on the stories written on COJ's and such. I'd also point you to the Bloomberg Articles written a few years ago.The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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04-12-2022, 10:19 PM #2
- Join Date
- Apr 2022
- Posts
- 40
Thank You, I will let the company know that and see if it can be revised, in the meantime, we are focusing in what might be the case for maybe 2% of the deals that we might fund.
On the other hand, we do sell rates, at a 1.20 the broker gets 5 points commission and at 1.30 the broker gets 10 points commission. We don't do more than 1.30 sell rate.
We offer daily or weekly payments and we can also do prepayment addendums in case the merchant wants to pay the loan faster.
Lets fund deals.
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05-14-2022, 07:16 PM #3
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- Aug 2018
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- 855
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05-24-2022, 04:32 PM #4
- Join Date
- Apr 2022
- Posts
- 40
Look more closely.
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