Ebf ruthless back door
Need a Funder or Vendor? START HERE

Results 1 to 12 of 12
  1. #1

    Ebf ruthless back door

    Good Morning Guys,

    I fund about 8-10 units a month with EBF.

    Knowing their back door team is attacking my merchants without any hesitation.

    I been in the MCA space for 10 Years plus so thankfully I get my merchants on lock right away.

    For the first time though they just voided my contract and sent a brand new one to the merchant. Stole my deal 100%. I got all the info from my merchant. Said "Everytime I speak to you they seem to know"

    Has anyone been experiencing this with EBF? I know fighting them there is no point. They will just cut us off.

    Does anyone have any other funders funding lower rev trucking deals?

    Thank You.

  2. #2
    Senior Member Reputation points: 4262 Magicmike18's Avatar
    Join Date
    Aug 2020
    Location
    7125 Peri Lane Brooklyn Ny 11234
    Posts
    128

    Can't stand ebf/vader literally the worst company in the mca space constantly kill in final and stupidest reasons to I stopped sending there

  3. #3
    You sure It isnt another Broker downseling and reissuing docs?

  4. #4
    100%

    They sent docs for 10k higher. Then voided all docs. ReSent the Orignal docs we requested right after he signed the higher docs (Thinking it was ours)

  5. #5
    Senior Member Reputation points: 62776
    Join Date
    Mar 2024
    Posts
    442

    EBF and Vader are absolute garbage, but also put out offers others can't beat. Have to just know what you are getting into and navigate accordingly. That being said have funded with them forever knowing they are pure clowns.

  6. #6
    Senior Member Reputation points: 14797
    Join Date
    Jun 2024
    Posts
    147

    :insert unsolicited onboarding invites below: in 3..2..1..

    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: alex@thorocorp.com
    C: 305-502-9414

  7. #7
    Good afternoon, I am with Universal Finance, does the customer have any equipment/trucks he can put up as collateral? We fund up to 70% LTV with terms up to 60 months and monthly payments. We can also payoff any existing cash advances if they would like to consolidate. We work with A-D credit, startups and have no age restrictions on the equipment we can finance.

    Let me know if we can help.

    Thanks
    Ed
    781-577-0552

  8. #8
    Senior Member Reputation points: 18013
    Join Date
    Aug 2024
    Posts
    301

    Quote Originally Posted by Capital F View Post
    Good Morning Guys,

    I fund about 8-10 units a month with EBF.

    Knowing their back door team is attacking my merchants without any hesitation.

    I been in the MCA space for 10 Years plus so thankfully I get my merchants on lock right away.

    For the first time though they just voided my contract and sent a brand new one to the merchant. Stole my deal 100%. I got all the info from my merchant. Said "Everytime I speak to you they seem to know"

    Has anyone been experiencing this with EBF? I know fighting them there is no point. They will just cut us off.

    Does anyone have any other funders funding lower rev trucking deals?

    Thank You.
    It may not be then as this sounds outright obvious it sounds like isos are beating you to it and you can't face it. They have issues with killing deals and bad customer service due to being busy but I don't think they'd do something this dumb.

  9. #9
    Definitely spot on with the timing 14 minutes later some no name "funder" did exactly that

  10. #10
    Member Reputation points: 3756 Seth Davis's Avatar
    Join Date
    Feb 2023
    Location
    New York
    Posts
    79

    Quote Originally Posted by Capital F View Post
    Good Morning Guys,

    I fund about 8-10 units a month with EBF.

    Knowing their back door team is attacking my merchants without any hesitation.

    I been in the MCA space for 10 Years plus so thankfully I get my merchants on lock right away.

    For the first time though they just voided my contract and sent a brand new one to the merchant. Stole my deal 100%. I got all the info from my merchant. Said "Everytime I speak to you they seem to know"

    Has anyone been experiencing this with EBF? I know fighting them there is no point. They will just cut us off.

    Does anyone have any other funders funding lower rev trucking deals?

    Thank You.
    Bitty, CFG, Forward

  11. #11
    Senior Member Reputation points: 61143 SendDocsPlox's Avatar
    Join Date
    Nov 2021
    Location
    in this thread, vigorously mashing the refresh key
    Posts
    299

    Quote Originally Posted by Seth Davis View Post
    Bitty, CFG, Forward
    Does anyone actually get offers from CFG that arent 5-8K 1.48 80p deals?

    I've tried sending them better paper for years, like actual B and C paper deals here and there and every single time its lowball offers, and from different ISOs as well of good reputation, so its not in vacuum

    Is it the rep that I use? What's the secret
    Last edited by SendDocsPlox; 12-06-2024 at 12:40 PM.

  12. #12
    Senior Member Reputation points: 17578
    Join Date
    Apr 2021
    Posts
    105

    Quote Originally Posted by SendDocsPlox View Post
    Does anyone actually get offers from CFG that arent 5-8K 1.48 80p deals?

    I've tried sending them better paper for years, like actual B and C paper deals here and there and every single time its lowball offers, and from different ISOs as well of good reputation, so its not in vacuum

    Is it the rep that I use? What's the secret
    I think you might be submitting to the wrong email. try sending to nicholas@lifetimefundingllc.com that usually fixes the problem for a handful of isos
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

Similar Threads

  1. Replies: 7
    Last Post: 10-17-2023, 01:36 PM
  2. Kapitus the kings of back door
    By whaley in forum Merchant Cash Advance
    Replies: 45
    Last Post: 02-01-2023, 12:47 PM
  3. Does bfs back door deals?
    By wallerbusiness in forum Merchant Cash Advance
    Replies: 32
    Last Post: 03-14-2019, 08:19 PM
  4. Dont ever submit to RAM FUNDING they back door every deal
    By kingcash555 in forum Merchant Cash Advance
    Replies: 3
    Last Post: 05-02-2018, 03:49 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Uplinq and Visa unveil case study
CW closes credit facility for SMB lender
Phoenix Lender Services launches


DIRECTORY