Results 26 to 37 of 37
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05-12-2016, 08:08 AM #26Karen37aGuest
lol
The new MCA commercial...who knows ?? deep voice .....Chambo knows.... shaking head up and down
( no yelling at me its a joke)Last edited by Karen37a; 05-12-2016 at 08:11 AM.
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05-12-2016, 08:38 AM #27Karen37aGuest
And the reason ( i think) people get around the usury laws is....If I am a MCA lender and I go to a bank to get money to expand, salaries etc , its ok? But if I take that same money and use it to lend it isnt?
What am I using the money for?
Like a merchant saying he needs money for inventory after he purchased a yacht for his personal use with business funds.
Lending companies would just have to be on a restricted list, like Finance/Used car lots/ lawyers etc are to MCA companies.This is why private money, risk capital comes in..accredited investors, not banks.
This is also why ISO's are also useful 1099 to lenders, no expenses except processing paperwork and taking underwriting calls. Its when you have huge payrolls in house that the problems arise. And the reason we are valuable if we send in good deals and keep the flow going. (Guess thats why "some" companies take your renewals when you dont submit enough business to them, they have to... to survive.)
Gootta go one of my lenders is denying one of my loans and telling me I have to learn how underwriting works.
I love this business, you make a huge sale and you are walking on water, life is great, 10 k commission yeahhh..then poof denied and i have to go to underwriting school because the lender has a funding allocation and wont just tell me that and thinks I don't know.
( this is where someone says...thats not true we do car lots, just up to 25k or 50k blah blah )
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05-12-2016, 09:51 AM #28
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
77% of OnDecks float is owned by institutional investors and mutual funds. I think the trend moving forward with the banks shunning small business loans are looking to get into these markets, it seems feasible that we could see a consolidation in the industry once all the riff raff is sorted out.. Wells Fargo and JPM already nosing around and if JPM takes that step, all bets are off... Personally I am in agreement with Zach.. I think he nailed it...
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05-12-2016, 10:05 AM #29
- Join Date
- Apr 2013
- Posts
- 117
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05-12-2016, 10:30 AM #30
- Join Date
- Dec 2013
- Posts
- 4,713
guys even a broken clock is right twice a day!! HAHA just kidding !
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-12-2016, 12:45 PM #31
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05-12-2016, 02:11 PM #32
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05-12-2016, 03:17 PM #33
- Join Date
- Sep 2014
- Posts
- 430
Amazon opened at $1.50 almost 20 years ago, has never turned a profit, and shares are trading at $720 today.
Also, since I enjoy correcting you when you are wrong, the question to ask is what are their share prices/market caps now. An INITIAL Public Offering is, by definition, a one time event."Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
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05-12-2016, 03:33 PM #34
- Join Date
- Aug 2014
- Posts
- 187
There's a simple solution to all of this: when considering an IPO investment, if you did not get in ahead of the offering or through the private placement, wait until the instrument has crashed through the offering price. Twice. Should the company still look viable at that point, and is pushing against the offering price as though it were resistance on the chart, then by all means load the boat. Cut into the mattress. Simple, and you avoid a lot of BS in the process.
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05-12-2016, 03:51 PM #35
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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05-12-2016, 03:58 PM #36
- Join Date
- Sep 2014
- Posts
- 430
Yahoo lied to me.
Capture.jpg"Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
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05-12-2016, 04:07 PM #37
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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