Results 1 to 8 of 8
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07-25-2023, 10:26 AM #1
Fun times with the Brokers Nightmare Part 2
Seriously, you can't make this sh!t up.
I receive a deal, everything looks good, second position deal. Only problem is they look like they are going to bounce their positions payment.
I want to wait to see if it clears before I make a decision. Rep insists that I don't. I tell them it's not your call. The reply an hour later......
"Merchant has money in the account, fund it." Again I tell them "That's not how it works, I want to see their payment clear>"
Curiosity killed the cat and I felt like risking one of my lives, so here I go reviewing the MTD with the Merchant on the phone.
Well ****, looked at that Zelle! Accounts positive for sure..... I ask the Merchant, "Was this a payment from a customer?"
"No, **ISO Rep** gave it to me as a favor to cover the payment, I have to give it back after you send me the wire plus the fee I owe them."
"Lovely, let me get your approval and get back to you" NAhhhhhhhhhhhhhh
I let the rep know they have been caught, of course here comes the defense.
Before their engine kicks into high gear, here I go with a simple question "DID YOU ZELLE THE MERCHANT, YES or NO?"
A shameful and defeated "Yeah" come through that phone......
Bro, get it together.....
Of course, we........reverend-x-cut-that-off.gifThe Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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07-25-2023, 10:42 AM #2John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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07-25-2023, 11:02 AM #3
- Join Date
- Jun 2015
- Posts
- 3,323
I have actually had a funder tell me to do that . they were ok with it just couldn't fund a negative account for legal reasons or something like that
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07-25-2023, 11:51 AM #4
- Join Date
- Apr 2021
- Posts
- 50
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07-25-2023, 11:54 AM #5
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07-25-2023, 11:56 AM #6
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07-25-2023, 11:59 AM #7The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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07-25-2023, 05:09 PM #8
- Join Date
- Oct 2021
- Posts
- 221
Id cut them off asap and tell them to go kick rocks. dumb ****s
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