Ebf ruthless back door
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  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
    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
    Senior Member Reputation points: 12384
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    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: 196641
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    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: 48308
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    :insert unsolicited onboarding invites below: in 3..2..1..

    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: [email protected]
    C: 305-502-9414

  7. #7
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    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
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    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: 7289 Seth Davis's Avatar
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    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: 97098 SendDocsPlox's Avatar
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    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 11:40 AM.

  12. #12
    Senior Member Reputation points: 21686
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    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 [email protected] that usually fixes the problem for a handful of isos
    Lifetime Funding
    [email protected]
    516-604-0609

  13. #13
    Senior Member Reputation points: 196641
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    Quote Originally Posted by Crookedferret View Post
    I totally get the frustration when funders pull stuff like that and void your docs after you’ve done all the heavy lifting. I’ve seen similar things happen back when I worked with smaller local lenders in Halifax on home projects, not MCA, but the feeling is the same, your work just gets scooped from under you. Nowadays, I try to stick with companies where I can talk to a real local rep and things feel less shady. If you’re ever working with clients in home improvement or renovation and run into these headaches, I actually had a solid experience with Halifax window replacement, where the service was straightforward, no sneaky behind-the-scenes stuff. Definitely made things less stressful.
    why you plugging random candian window companies

  14. #14
    Senior Member Reputation points: 97180
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    Quote Originally Posted by diditevenfund View Post
    why you plugging random candian window companies


    Because now he can you see you




    in the snow




    from the mountains



    while drinking maple syrup




    after a hockey game

  15. #15
    send to us we do our back round up front wont die at the end like ebf give me a call 8484448737 or email me [email protected]

  16. #16
    Senior Member Reputation points: 196641
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    EBF is rough, but a very strong tool, just know what you are getting in to and take the right steps.

  17. #17
    Are they having issues? Very weak approvals lately, and they start and stop with trucking, heard from other ISO shops-they've been hit with crazy default rates.

  18. #18
    Quote Originally Posted by diditevenfund View Post
    why you plugging random candian window companies
    dead

  19. #19
    shoutout to starbucks for keeping the industry alive since we shouting out random companies that got nun to do with nun.
    Underwriting Email- [email protected]
    Website- http://www.adventurefundings.com/partner
    South Florida Micro Funder Since 2021

    *No Credit Checks Only Background*

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