Kapitus the kings of back door - Page 2
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  1. #26
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    Quote Originally Posted by Oxforddan View Post
    Bluevine just reduced me to 3 pts on all draws instead of 5 on initial after 6 years on the 5/3 program. I do almost 500k a month in new business. If I found out they were stealing my data on top of reducing commission I would begin the search for a replacement for them. Needless to say they have no loyalty from me.
    sales pitch , do xx amount more business and we will put you back on is what they did to me

  2. #27
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    Quote Originally Posted by Michael I View Post
    sales pitch , do xx amount more business and we will put you back on is what they did to me
    Yea I got the same thing. Then did it and they kept me on. After all that a month later they call me to say every single partner is now on 3 pts across the board. Wondering if anyone on here is still getting 5 on new deals?

  3. #28
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    Quote Originally Posted by BR-Nightmare View Post
    And of course, lack of critical details.

    When was that submission declined? If it was more than 30 days, its free game to Kapitus. Check your ISO agreement.

    Hopefully you can answer my question.



    Hot dang Willard... Stop posting on the funder and get off the dumper...



    Awesome Merchants3.png



    It really does say 30 days before they tie our ankles and let the air out our pants, with our merchants.

  4. #29
    Senior Member Reputation points: 43038 SendDocsPlox's Avatar
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    Quote Originally Posted by DonMcGrath View Post
    Hot dang Willard... Stop posting on the funder and get off the dumper...



    Awesome Merchants3.png



    It really does say 30 days before they tie our ankles and let the air out our pants, with our merchants.
    I just got the newest ISO Agreement, it says to "bend over and kiss your ass goodbye"

    What could this mean for ISOs?

  5. #30
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    Quote Originally Posted by SendDocsPlox View Post
    I just got the newest ISO Agreement, it says to "bend over and kiss your ass goodbye"

    What could this mean for ISOs?
    Yeh. I think I saw that in the Go F Yourself policy

  6. #31
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    Quote Originally Posted by SmartAdvanced View Post
    Yeh. I think I saw that in the Go F Yourself policy
    Section 4 Line 20-69

  7. #32
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    Quote Originally Posted by Oxforddan View Post
    Yea I got the same thing. Then did it and they kept me on. After all that a month later they call me to say every single partner is now on 3 pts across the board. Wondering if anyone on here is still getting 5 on new deals?
    They cut us down to 3 as well.

  8. #33
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    FYI on Bluevine:
    They raised their minimum TIB to 24 months and minimum revenue to $40k.
    This is the interesting part: For partner referrals, the minimum FICO is 650. For direct website applications, the minimum FICO is 625.

  9. #34
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    Quote Originally Posted by abfunders View Post
    FYI on Bluevine:
    They raised their minimum TIB to 24 months and minimum revenue to $40k.
    This is the interesting part: For partner referrals, the minimum FICO is 650. For direct website applications, the minimum FICO is 625.
    They have approved and funded a few of my deals between 625 and 650. I think they are hard and fast on the new TIB requirement but the rev threshold is flexible. If you have a deal doing 35k a month and they are the best option I would still say to send it.

  10. #35
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    Capybara has no retail sales department but look at the website they have that he has in his signature. All geared towards the merchant with an application to fill and no links for an iso to sign up.

    https://capybarausa.com/
    Last edited by closer129; 01-24-2023 at 01:14 PM. Reason: misspelled word

  11. #36
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    Like I said yesterday. Capybara has never funded a merchant(s) off its website. All our funded deals are ISO-Driven.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  12. #37
    Senior Member Reputation points: 122242 BR-Nightmare's Avatar
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    Quote Originally Posted by MCA-VET View Post
    Like I said yesterday. Capybara has never funded a merchant(s) off its website. All our funded deals are ISO-Driven.
    And like it was said yesterday, being 100% ISO Driven is a lie when Merchant's can apply directly on your website.

    If only your post could be tagged like tweets were back during the last election

    (*These statements can be disputed)
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
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  13. #38
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    if I take a look at all my funded deals each and everyone has an ISO getting paid. All deals we fund have an ISO attached.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  14. #39
    Senior Member Reputation points: 122242 BR-Nightmare's Avatar
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    Ah, now I get it.

    So the application on your website generates a lead to an ISO, who then submits it to you.

    Smart.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  15. #40
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    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  16. #41
    Senior Member Reputation points: 122242 BR-Nightmare's Avatar
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    ISO

    Inside
    Sales
    Officer

    Mystery solved folks
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  17. #42
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    If i was an iso and wanted to sign up with Capybara and went on there website there is no place that says iso sign up link and i would see a similar website to that most iso's have and just move on.

  18. #43
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    We def dont compete with kapitus terms but if youre looking for a funder thats a bit funky in the b-c space feel free to give us a shot Irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  19. #44
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    I always find it interesting how some of these threads get shut down and some stay up forever

  20. #45
    in 30 days - they call your ****, all day. they don't care. 50 guys in mid town pounding phone

  21. #46
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    is kapitus doing 2nd positions? have seen some offers and didn't know if thats legit

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