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  1. #1

    No Fin

    Who doesnt need financials for 1m deal 1st pos

  2. #2
    Senior Member Reputation points: 77496
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    Have him fill out an app with Capybara.
    Joseph, The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  3. #3
    nebach capybara i saw 2 deals today both stop payments day after funding

  4. #4
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    Quote Originally Posted by FunYouMan View Post
    nebach capybara i saw 2 deals today both stop payments day after funding
    First time i saw them in a deal was today they gave a merchant that defaulted on 3 lenders 50k and that was not even the crazy part. The merchant was negative 35k right before funding ,he transferred from his personal account got funded and transferred the 35k out. I might need to get over how much of a scumbag Marcus is. Marcus do you officially fund active defaults or was it a mistake?

  5. #5
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    Quote Originally Posted by Dailyfrog View Post
    Who doesnt need financials for 1m deal 1st pos
    Tell Randy I say hi. Not a chance though withthat credit.

  6. #6
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    Please don't say i fund defaults...or i will have to give you ISO-Recruiter of the month award. When you write that you get 30 ISO's to come running our way.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  7. #7
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    Quote Originally Posted by Dailyfrog View Post
    Who doesnt need financials for 1m deal 1st pos
    Just curious, if it was your money - would you write a $1M contract without financials?
    Dave Lambert
    FC Financial LLC
    dave@fcbankcard.com
    Phone: 1-727-233-1111
    Text/VM: 1-727-291-7890

  8. #8
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    Quote Originally Posted by RickyR3712 View Post
    First time i saw them in a deal was today they gave a merchant that defaulted on 3 lenders 50k and that was not even the crazy part. The merchant was negative 35k right before funding ,he transferred from his personal account got funded and transferred the 35k out. I might need to get over how much of a scumbag Marcus is. Marcus do you officially fund active defaults or was it a mistake?
    ,
    If it was 57k i saw the same deal , that guy has 10 different bank statements and knows the game well

  9. #9
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    Quote Originally Posted by Yankeeman07 View Post
    Just curious, if it was your money - would you write a $1M contract without financials?
    with some business financials dont mean much . Better question is who will fund it with bad financials

  10. #10
    Creating a business model for custom software development can be a challenging task. The best way to start is to understand the different models and choose the one that is most suited to your business. A business model is a framework that answers fundamental questions about a product, service, or solution. It distills the opportunity and potential of a company and sets a clear direction for success. A well-defined business model helps create an organizational structure that enables a company to provide an excellent experience for its users. A high-level plan consists of a number of factors that include customer segments, channels used to reach customers, and ways to generate revenue. The most common business model for software is the license-based revenue stream. This involves charging the user for installing the software, as well as for certain transactions. Some companies charge for the automatic purchase of third-party services. Another model is the cloud computing model. This is commonly used for high-performance software. It can be difficult to secure and support, however. It is expensive. It is also very difficult to scale. The most important benefit of custom software is that it can be tailored to suit the needs of your business. This can improve the efficiency of your IT operations https://mlsdev.com/blog/91-how-to-de...ike-google-duo. It can also improve the productivity of your workforce. It can free up resources for higher priority work. The ability to make changes to the software is also a huge advantage. Developing a business model for custom software development can help your business expand. It will also give you a solid foundation for your venture. Using a custom solution can allow you to address data flow issues and streamline business practices.
    Last edited by mickledang; 01-31-2023 at 04:46 PM.

  11. #11
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    Quote Originally Posted by Michael I View Post
    ,
    If it was 57k i saw the same deal , that guy has 10 different bank statements and knows the game well
    What keeps the good funders around is this industry is (sadly) having defaults....(Newbies slowdown and get scared rightfully so + they dont have the good performers to purify the portfolio )Those funders with 50M-500M on the street can handle a spill in aisle 17.
    Last edited by MCA-VET; 01-24-2023 at 07:34 PM.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  12. #12
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    Quote Originally Posted by MCA-VET View Post
    What keeps the good funders around is this industry is (sadly) having defaults....(Newbies slowdown and get scared rightfully so + they dont have the good performers to purify the portfolio )Those funders with 50M-500M on the street can handle a spill in aisle 17.



    Regardless of anything else, that is kind of a boss response, I have to admit....



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