[NovoAdvance]

Good Day All,

Novo Advance is now accepting new ISO's.

We will fund it all - from A paper all the way down to Active defaults (Previous defaults are not an issue)
Terms: B-D Paper up to 45 days.

our ONLY requirement is = Minimum revenue for funding is 25k.

We have no maximum dollar amount for funding. (our #1 goal is always highest dollar amount approvals)

We fund 6-7 figure deals same day with no hiccups or delays.

Lets start funding TODAY

Send all submissions to Subs@Novoadvance.com

Novo Advance
1-(800) 431-1756
Subs@Novoadvance.com
https://NovoAdvance.com/

[Swordfish]

But you don't answer to emails
Log in calls done a day after or forgotten

[ridextreme]

I can't fathom the thought of a funder wiring money into a merchant's account who's currently in an active default with other lenders. What a great way to light money on fire!

[MichaelP]

Good Day All,

Novo Advance is now accepting new ISO's.

We will fund it all - from A paper all the way down to Active defaults (Previous defaults are not an issue)
Terms: B-D Paper up to 45 days.

our ONLY requirement is = Minimum revenue for funding is 25k.

We have no maximum dollar amount for funding. (our #1 goal is always highest dollar amount approvals)

We fund 6-7 figure deals same day with no hiccups or delays.

Lets start funding TODAY

Send all submissions to Subs@Novoadvance.com

Novo Advance
1-(800) 431-1756
Subs@Novoadvance.com
https://NovoAdvance.com/

Your max term on B paper is 45 days?? You wild.

[fundinggrasshopper]

We will fund it all - from A paper all the way down to Active defaults (Previous defaults are not an issue)
Terms: B-D Paper up to 45 days.

i think 40% fees on 45 day deals for active defaults is F paper good sir, respectfully lol

[BR-Nightmare]

I can't fathom the thought of a funder wiring money into a merchant's account who's currently in an active default with other lenders. What a great way to light money on fire!

Pablo Escobar burned 1 million in cash just to keep family warm from the cold.

[RyanWi]

Their website is down lmao

[BR-Nightmare]

Their website is down lmao

Looks like they got to him.

[brandon_]

I can't fathom the thought of a funder wiring money into a merchant's account who's currently in an active default with other lenders. What a great way to light money on fire!

Imagine waking up, going to work, and your inbox is flooded with active default submissions that you're apparently supposed to give money to? I've been wondering what is the angle on this for years lol

[ridextreme]

Imagine waking up, going to work, and your inbox is flooded with active default submissions that you're apparently supposed to give money to? I've been wondering what is the angle on this for years lol

Now we're getting somewhere, just package them up and sell them off as "full packages"

[brandon_]

Now we're getting somewhere, just package them up and sell them off as "full packages"

Extra spicy business out of the kitchen

[Swordfish]

Novo are 2 kids working from home
As a white label
Don't waste time working with them

[NovoAdvance]

Lol

[Zonefund]

Novo are 2 kids working from home
As a white label
Don't waste time working with them

Well, they're making 10-20 day 1.47 1.49 profits after paying isos. Respect the hustle.

[MLR]

Stay far away - Novo committed wire fraud on my merchant last week and then ghosted us/blocked our numbers. Complete joke/scam artists.

[fundinggrasshopper]

Stay far away - Novo committed wire fraud on my merchant last week and then ghosted us/blocked our numbers. Complete joke/scam artists.

if the contract says origination fees can be up to 40% of the purchase price (as 99% of contracts from these types of funder do), if they actually do fund your 30 day deal than they are within their rights to o fee up to what is stated on the contract....

not saying this is what happened with "your merchant", but when you say they "committed wire fraud"....i have a feeling that technically, they did not.

Morale of the story?

When you are a broker brokering high risk default deals with shady high risk "funders", developing a good relationship with a few companies you can trust is a much better long term plan than signing on with every fly by night "high risk funder" on this forum.

and always ask what % the o fee is if you dont know. Try to do business with high risk funders that have a set o fee and will not change the o fees on a deal to deal basis like many, including novo advance, will do.

[MLR]

not O-fee related, Novo carrot tricked a merchant. Had him pay them off and then ghosted him. I understand everything you are saying and completely agree. Sometimes the thought of a juicy commission comes at the expense of a desperate/naïve merchant and in this case a naïve broker.