Results 1 to 21 of 21
-
08-02-2023, 02:02 PM #1
- Join Date
- Jul 2023
- Posts
- 39
Need help
every time I send out a deal my merchants somehow get a bunch of calls from brokers 30-60 min later. I understand its not suggested to have too many funders but sometimes I need an offer from a B or C paper funder when A declines or vice versa. I try to keep it down to like 3-4 funders but sometimes I just need to shop it out to 4-5 more. no matter how many times I try and put a number on the app, the bait doesn't work. backdoor shops became too smart for that.
Here is a list of funders I am signed up with, If you guys have had a clear situation of them backdooring right away, please let me know (I already know that some of the A lenders have a sales team but at least they give you the courtesy to wait 30 days before calling)
TVT
Credibly
Balboa
Kapitus
Lendr
Fora
Pirs
IOU
Smart Step
Forward
Wall
Rapid
VOX
EBF
Pearl
Fundfi
Highland Hill
Delta bridge
E Advance
ACE
Capitalize
Splash
I have a few more but those I've already caught doing it
-
08-02-2023, 02:14 PM #2
-
08-02-2023, 02:30 PM #3
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 260
I have never seen a shop leak backdoors harder than Splash. Someone at that company desperately needs to plug the leaks because every time someone is buying packs half of them are Splash apps
If that helps
-
08-02-2023, 02:30 PM #4
I don't wanna be that guy, but the odds are, if it's happening every time you send out a submission, it's more likely someone in your office.
-
08-02-2023, 02:34 PM #5
- Join Date
- Jun 2023
- Location
- NJ
- Posts
- 11
When I was processing I used to mark deals that the merchant received calls from brokers right after submitting, that way the next time it happened I could cross reference with the previous deals to find the common denominator funder. You find the common denominator you halt subs to that funder for a few days and see if it still happens
-
08-02-2023, 02:48 PM #6
- Join Date
- Jul 2023
- Posts
- 39
I have about 100 subs a day going out it would be nearly impossible to track something like that also since the merchants are hard enough to get to take a deal these days, let alone giving me their phone activity since other brokers are promising them the world so they end up blocking my guys anyways
-
08-02-2023, 02:49 PM #7
-
08-02-2023, 02:55 PM #8
- Join Date
- Jul 2023
- Posts
- 39
-
08-02-2023, 02:56 PM #9
I'll bet money at least 25 brokers have that list.
How do lead companies make money? They sell the same leads.The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
-
08-02-2023, 03:07 PM #10
- Join Date
- Jul 2023
- Posts
- 39
-
08-02-2023, 03:10 PM #11
- Join Date
- Jun 2023
- Location
- NJ
- Posts
- 11
-
08-02-2023, 03:17 PM #12
That's your initial claim, not just your renewal.
I believe a soft pull is an immediate trigger lead that can be sent quickly.
Your issue wont be resolved quickly.
I'd recommend properly educating your Merchant and setting the right expectations for what would arise.The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
-
08-02-2023, 03:22 PM #13
- Join Date
- Jul 2023
- Posts
- 39
-
08-02-2023, 03:24 PM #14
If you can't share the evidence, we can not validate your claim
The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
-
08-02-2023, 03:26 PM #15
- Join Date
- Feb 2019
- Posts
- 209
-
08-02-2023, 04:10 PM #16
- Join Date
- Mar 2021
- Posts
- 186
-
08-02-2023, 05:05 PM #17
- Join Date
- May 2023
- Posts
- 48
-
08-02-2023, 05:20 PM #18
- Join Date
- Jul 2023
- Posts
- 39
-
08-02-2023, 07:07 PM #19
- Join Date
- Jan 2017
- Posts
- 389
I see we are not on your Funder list as of yet to fill that B-C space. We would love that opportunity to fund your deals.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
-
08-09-2023, 08:57 PM #20
- Join Date
- Aug 2023
- Posts
- 61
As would we and you won't get calls from sending to us
-
08-10-2023, 11:30 PM #21
- Join Date
- Jul 2023
- Posts
- 6
Splash
Capitalize
E advance
Ace are potentially who might be ur target