Second Pos Trucking - doing 80k a month first balance 40
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  1. #1
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    Second Pos Trucking - doing 80k a month first balance 40

    Any funders doing these type of files?

    Mike

  2. #2
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    Quote Originally Posted by michaelh View Post
    Any funders doing these type of files?

    Mike
    I will if the credit is good and the daily balances are strong and the first position payment is not to high of the gross.

    Scott Platto
    scott@tmrnow.com
    tnmrnow.com
    212-220-9872

  3. #3
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    Our requirement for trucking is 50k plus, must have at least 4 deposits, have decent balances. shoot me a message or give me a call

  4. #4
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    We do these often.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  5. #5
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    How large is the fleet? I can maybe help you extract working capital from the equipment.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

  6. #6
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    Lior Monus Business Development Manager CFG Merchant Solutions I have sent a bunch of submissions to your company and never gotten responses

    Mike

  7. #7
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    Quote Originally Posted by michaelh View Post
    Lior Monus Business Development Manager CFG Merchant Solutions I have sent a bunch of submissions to your company and never gotten responses

    Mike
    Michael, you submitted 5 deals total the entire year of 2023. One every 3-4 months. None of which were approvable or anywhere near our funding guidelines.

    If you don't submit consistently or don't convert you become inactive and your submissions do not get reviewed as we have to service the partners who do.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  8. #8
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    Well that just means we do not have a lot of Deals in your credit box so why we would submit more of our deals to you. But that's fine I respect your rules. If you made us inactive you could have simply said this and sent a notice according to your ISO Agreement, and noticed us that our account was inactive due to low submissions. We would not bother wasting your time or our time on sending deals to you at all. Why don't you tell us what line and Paragraph in your ISO agreement states the amount of submissions required to keep working with you? That's what contracts are for!



    Quote Originally Posted by Lmonus View Post
    Michael, you submitted 5 deals total the entire year of 2023. One every 3-4 months. None of which were approvable or anywhere near our funding guidelines.

    If you don't submit consistently or don't convert you become inactive and your submissions do not get reviewed as we have to service the partners who do.

  9. #9
    I can take a look. send it over. Louis@finpointfunding.com

    Louis Stern
    ISO Relations, Finpoint Funding

    C. (646)348-4197 | Louis@finpointfunding.com
    finpointfunding.com

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