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05-12-2022, 12:51 PM #1
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Didnt want to look like a dumb little dummy so im asking here
How does the deal bin work , my perception is that once you've exhausted all your lenders you go there , post a brief but descriptive message about your merchant and then someone reaches out .... then... do you form an iso first??. I know this place can be the wild west so I just wanted to clarify how deal bin works. Deal bin just seems like backdoor city with no obligation to pay the broker unless iso agreements are being sent left and right. Just curious.
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05-12-2022, 01:02 PM #2
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05-12-2022, 01:21 PM #3
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Hi There - My name is Steve, my company is BizConnect and I’ll keep this quick.
We are running scalable Lead Generation platforms for a good number of your competitors that are performing VERY well. Our conversion rates are double that of most other lead sources out there.
I can explain the process in 20 minutes or less and have leads flowing to you and your team within a few days if you like it.
It works for all financial service businesses including Merchant Cash Advance, Invoice Factoring, Equipment Financing, Hard Money Lending, Residential Mortgage and more…. Basically, for any business that needs Exclusive, Real Time Leads, Clients, Customers, etc.
If you could find some time this week or next, let’s meet and talk for a few minutes to see if it fits your business – I think you’ll love what we do….
Here is a link to my Calendar, let me know when you are available:
https://calendly.com/steve-0412/free...&month=2022-02
Thanks,
Steve
Steve Rosenblum
Senior Vice President of Sales
516.383.8407
steve@bizconnectads.com
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05-12-2022, 03:36 PM #4
Yet you still managed to look like a dumb little dummy.
LOL kidding, but -
Should stay away from the deal bin if you are this new to the industry. You should be signed up with a few lenders of every different tier from paper A - D grades and if you exhaust 2-3 of those lenders per tier and still dont have an offer, then stop wasting your time with the deal.Anthony Diamond
Underwriter
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05-12-2022, 03:45 PM #5
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05-12-2022, 07:15 PM #6
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Lets chat. I have helped countless people since 2002 get started (originally in the merchant service ISO world). Regarding Anthony's advice to work with funders in the A-D Box you should perhaps consider signing up with Capybara Capital -- As we fund A-D paper all-inhouse. From 4-6Months high risk to 12Month super A paper. We are extremally flexible with our terms to help you get the deal closed.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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05-13-2022, 10:17 AM #7
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