[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/

[BR-Nightmare]

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/

Nope

[fundinggrasshopper]

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)

Pretty sure just the other day i saw you guys in a file outside of these "guidelines"

funded 10k,
netting 6k,
for 25 payments,

where the banks show you guys pull over 40 payments.

"B-D Paper up to 45 days."

[Robinhood21]

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/

on your website you advertise completely different info lmao

[SCAMNetwork]

There is no better time than the present time. We're SCAM Network. An anonymous network of professionals who work in the MCA space. Our goal is to collectively provide factual information and guidance from the inside out. Let's start here.

NOVO Advance is very similar to the highly recognized bank, Novo Bank (www.novo.co), who is coincidently a small business bank and has their own small business funding program. Their website is very similar as it gives the trusting and familiar feel of an technology advanced bank but with many deceptive areas to point out.

Finance products highlighted on the website are NOT the "direct" financing provided to small business owners
The website is geared towards small business owners/merchants to deceive the applicant in thinking they are applying with a bank
The trust ratings and links on the bottom of the page do not link to anything and they are not in any way rated or reviewed
The business does not have a Google business profile or ranking in any index

The Company does not seem to have a "sales" organization and works primarily with ISO Partners to originate and close. They also show to offer "white label" opportunities to use their branding for origination. This tactic by a Company who is clearly mimicking a small business bank is a big red flag to our network. This is without knowing doing business with them as an ISO and just the observation as a small business owner.

As for the B2B review which comes from our network of a variety of titles and management within the MCA industry

Novo advance fee charges have reflected 10-30% as per recent fundings
The term of 45 days highlighted to ISO Partners is conflicting with the funding message they provide on their website and company Merchant facing marketing
The business development team has shown tasteless and unethical branding and marketing strategies within multiple social networking sites
Company has confirm contracts of rates equaling over 1.80 factor along with the allowance of pulling fees independently or with help from the funder
Funding Companies decline to stack or consolidate Novo Advance within means of prior funding conditions and stacking habits by the Merchant
Company is shown in bank statements in the same group of funding companies stacking within a 30 day period
Company shows aggressive behavior in their collections process

These observations, findings, and statements are in conclusion of long term research in order to maintain a consistent and fair underwriting practices and provide an unbiased advantage to small business owners no matter the type.

If you have any questions, concerns, or additions you would like to make in our efforts of simply providing ethical feedback, please contact us below.

[JayS]

45 day deal @ 1.8 with a 30% fee. Really playing the long game here aren't they?

[goatFunding]

There is no better time than the present time. We're SCAM Network. An anonymous network of professionals who work in the MCA space. Our goal is to collectively provide factual information and guidance from the inside out. Let's start here.

NOVO Advance is very similar to the highly recognized bank, Novo Bank (www.novo.co), who is coincidently a small business bank and has their own small business funding program. Their website is very similar as it gives the trusting and familiar feel of an technology advanced bank but with many deceptive areas to point out.

Finance products highlighted on the website are NOT the "direct" financing provided to small business owners
The website is geared towards small business owners/merchants to deceive the applicant in thinking they are applying with a bank
The trust ratings and links on the bottom of the page do not link to anything and they are not in any way rated or reviewed
The business does not have a Google business profile or ranking in any index

The Company does not seem to have a "sales" organization and works primarily with ISO Partners to originate and close. They also show to offer "white label" opportunities to use their branding for origination. This tactic by a Company who is clearly mimicking a small business bank is a big red flag to our network. This is without knowing doing business with them as an ISO and just the observation as a small business owner.

As for the B2B review which comes from our network of a variety of titles and management within the MCA industry

Novo advance fee charges have reflected 10-30% as per recent fundings
The term of 45 days highlighted to ISO Partners is conflicting with the funding message they provide on their website and company Merchant facing marketing
The business development team has shown tasteless and unethical branding and marketing strategies within multiple social networking sites
Company has confirm contracts of rates equaling over 1.80 factor along with the allowance of pulling fees independently or with help from the funder
Funding Companies decline to stack or consolidate Novo Advance within means of prior funding conditions and stacking habits by the Merchant
Company is shown in bank statements in the same group of funding companies stacking within a 30 day period
Company shows aggressive behavior in their collections process

These observations, findings, and statements are in conclusion of long term research in order to maintain a consistent and fair underwriting practices and provide an unbiased advantage to small business owners no matter the type.

If you have any questions, concerns, or additions you would like to make in our efforts of simply providing ethical feedback, please contact us below.

lol chatgpt written. Guaranteed. I'm not for Novo but... whoever you are.. stop wasting ours and your time

[SCAMNetwork]

Although you have good points and some accurate info, you think you are going to be able to remain anonymous while pushing out that type of info?
If you are trying to be a legitimate group you will have to identify yourselves because at some point you will get sued or the platform you are on will and they will have to identify you.

More information is coming. We have wonderful relations in high places. We also stand behind those who do right for small business and extend our voice to promote good news too. It seems we are in desperate need of both a fight against disorganized scam activities and some positive motivation to continue into the next year.

[abfunders]

More information is coming. We have wonderful relations in high places. We also stand behind those who do right for small business and extend our voice to promote good news too. It seems we are in desperate need of both a fight against disorganized scam activities and some positive motivation to continue into the next year.

Whoever is doing this, keep it up. You won't be found out / doxed, your domain is on Privacy, no unmasking needed. If you are using Gmail for email, they can't trace/track your IP address either, and if you're from NY, who cares?

[BR-Nightmare]

Although you have good points and some accurate info, you think you are going to be able to remain anonymous while pushing out that type of info?
If you are trying to be a legitimate group you will have to identify yourselves because at some point you will get sued or the platform you are on will and they will have to identify you.

How can you sue when your info is public?

This is awesome!

[fundinggrasshopper]

45 day deal @ 1.8 with a 30% fee. Really playing the long game here aren't they?

25 day deal @ 1.8

But they pulled 45 payments before the client stopped payment.

That must be what they mean when they say 45 day max term LMAO

[Zonefund]

More information is coming. We have wonderful relations in high places. We also stand behind those who do right for small business and extend our voice to promote good news too. It seems we are in desperate need of both a fight against disorganized scam activities and some positive motivation to continue into the next year.

You are the "anonymous" of mca. Much respect to you. I love you stranger. Keep it up. Everything you stated are facts.