[admin]

Please be wary of any company offering syndication opportunities on the forum, especially those that are lesser known, using a free email account, or do not require formal contracts.


A reputable funding company will conduct a background check on its prospective syndicates, be mindful of Anti-Money Laundering laws, and have professionally prepared syndication agreements.


Do not send your money to any company willing to forgo basic diligence or agreements.


It is up to you to conduct your own due diligence on any user or company posting on the forum.


Buyer beware.

[WhoisKingsley]

PREACH

Please read above over and over until it is stuck in your brain. There are safe & secure solutions for syndicates and know that there is a PROCESS for you to be able to syndicate properly and lawfully in this industry. CYA (cover your _ _ _) is the second rule of business... common sense being the first.

[isaacdstern]

its not always about who has the coolest platform with the most bells and whistles...its more about who is behind the platform and actually paying you your splits

[cardinalequity]

AGREED!!!! Sustainability and track record means more than high end tech with bells and whistles. YSC knows what they're doing!!!

its not always about who has the coolest platform with the most bells and whistles...its more about who is behind the platform and actually paying you your splits

[TheShitzuofMCA]

Agreed! Had an international investor walking around our office I swear he looked like he killed a few people just that afternoon. lol A quick search of his generic american name (red flag!) John Smith for example, turned up he was not your typical business man to say the least. Be sure you know where they are getting their money...

[BrennanCapitalPartners]

I have found the same to be very true.

[dworange]

💯💯💯

[cardinalequity]

I'm assuming something happened recently that prompted this alert?

Please be wary of any company offering syndication opportunities on the forum, especially those that are lesser known, using a free email account, or do not require formal contracts.


A reputable funding company will conduct a background check on its prospective syndicates, be mindful of Anti-Money Laundering laws, and have professionally prepared syndication agreements.


Do not send your money to any company willing to forgo basic diligence or agreements.


It is up to you to conduct your own due diligence on any user or company posting on the forum.


Buyer beware.

[isaacdstern]

More and more money keeps pouring into the industry by the truckload. All you need to say these days is the 3 magic words "Merchant Cash Advance" and with any sort of track record you can get folks to write big checks. All I am saying here guys is be careful who you syndicate with and use folks like SFS with long successful track records

[mcaguru]

Cresthill Capital actually does not offer ISO syndication for some of the reasons Admin (above) mentioned. We are more comfortable darting a 120k wire across the country then asking an ISO to participate in a deal.

[admin]

To anyone interested, we just had a scam posted on the forum. It is a common scam found online thanks to someone who pointed it out. This is what it said:


Our Group is a venture capital firm specializing in growth capital
investments.It seeks to invest in public and private securities in a broad
range of areas including real
estate, energy, oil and gas,emerging markets, and high-technology. Within
the technology sector the firm focuses on communications, software,
Renewable Energy Real estate services. They wish to loan out or invest
between
$1 Million-$500Million in any viable projects.

If your company requires funding on an investor capacity, after review of
your Business Plan
we shall determine on the projects possible funding.This will be a private
and confidential Investments..Endeavor to respond promptly if the
investment proposal meets your company's proposal.

Contact ****** at **** or *****

[cardinalequity]

The 500 million should be a flag..who comes to DF with 500M to seek investment opportunities.

To anyone interested, we just had a scam posted on the forum. It is a common scam found online thanks to someone who pointed it out. This is what it said:


Our Group is a venture capital firm specializing in growth capital
investments.It seeks to invest in public and private securities in a broad
range of areas including real
estate, energy, oil and gas,emerging markets, and high-technology. Within
the technology sector the firm focuses on communications, software,
Renewable Energy Real estate services. They wish to loan out or invest
between
$1 Million-$500Million in any viable projects.

If your company requires funding on an investor capacity, after review of
your Business Plan
we shall determine on the projects possible funding.This will be a private
and confidential Investments..Endeavor to respond promptly if the
investment proposal meets your company's proposal.

Contact ****** at **** or *****

[AndyYSCISOdept]

To anyone interested, we just had a scam posted on the forum. It is a common scam found online thanks to someone who pointed it out. This is what it said:


Our Group is a venture capital firm specializing in growth capital
investments.It seeks to invest in public and private securities in a broad
range of areas including real
estate, energy, oil and gas,emerging markets, and high-technology. Within
the technology sector the firm focuses on communications, software,
Renewable Energy Real estate services. They wish to loan out or invest
between
$1 Million-$500Million in any viable projects.

If your company requires funding on an investor capacity, after review of
your Business Plan
we shall determine on the projects possible funding.This will be a private
and confidential Investments..Endeavor to respond promptly if the
investment proposal meets your company's proposal.

Contact ****** at **** or *****

OMG!!! I think I got an email that said this almost verbatim. That's wild!

[GRP Funding]

They have $1M-500M to invest in deals, but don't have $15 to invest in a company email address

[Sean Cash]

They have $1M-500M to invest in deals, but don't have $15 to invest in a company email address

There is more of that happening, not just on the forum but in the industry. Yesterday someone was on here saying they were a direct lender doing up to $2 million per deal but they didn't have a website or real email.

Do not send your deals to random people. It could be identity thieves trying to get the social security # of the applicants.

Buyer beware! Be smart!

If you're not sure about someone on here, ASK an industry vet!

[Chambo]

There is more of that happening, not just on the forum but in the industry. Yesterday someone was on here saying they were a direct lender doing up to $2 million per deal but they didn't have a website or real email.

Do not send your deals to random people. It could be identity thieves trying to get the social security # of the applicants.

Buyer beware! Be smart!

If you're not sure about someone on here, ASK an industry vet!

Yeah, exactly....we are all sitting on tons of personal financial data. just flippantly passing off someone's Soc Sec # and bank statements to someone you have never heard of?

That sort of carelessness, regardless of business, personal, whatever, not only will DEFINITELY get this industry regulated...but you might end up in jail!

[BrennanCapitalPartners]

There is more of that happening, not just on the forum but in the industry. Yesterday someone was on here saying they were a direct lender doing up to $2 million per deal but they didn't have a website or real email.

Do not send your deals to random people. It could be identity thieves trying to get the social security # of the applicants.

Buyer beware! Be smart!

If you're not sure about someone on here, ASK an industry vet!

It may more likely be a broker fishing for free deals, however either way protect yourself and your clients!

[BrennanCapitalPartners]

Well Said!

[Sean Cash]

Truth be told, there are some investors in the space whose minimum investment amount to be worth their time is $100 million. That and the fact that there are so many young companies eager to raise capital and with valuations through the roof, it can be easy for somebody to fall for a scam.

Everyone do their homework! Ask industry vets on here for their advice if you have the slightest doubt about somebody asking you for deals, money, your business plan, etc.

[Jess]

Truth be told, there are some investors in the space whose minimum investment amount to be worth their time is $100 million. That and the fact that there are so many young companies eager to raise capital and with valuations through the roof, it can be easy for somebody to fall for a scam.

Everyone do their homework! Ask industry vets on here for their advice if you have the slightest doubt about somebody asking you for deals, money, your business plan, etc.

It's not just the young companies who are running Ponzi schemes with syndicator's funds..........make you get ALL of your funds remitted at least weekly.

[fundmcas]

It's not just the young companies who are running Ponzi schemes with syndicator's funds..........make you get ALL of your funds remitted at least weekly.

True words about watching out for a Ponzi scheme!

[Jess]

True words about watching out for a Ponzi scheme!

You have no idea!

[fundmcas]

You have no idea!

pm me. would like to hear more about this

[MikeC524]

This is a great post for everyone to learn more about the industry and to make smarter decisions moving forward. I'm glad daily funder is here to give knowledge and wisdom about our business so we all can grow together.

Mike@SamsonPartnersLLC.com
347-492-1801

[FundingCaptain]

This is an old thread, however, its a great topic. At TMRNOW we allow our Brokers the privilege to syndicate up to 50% on your own deals and have weekly remittance on funds collected. We do a background check and do diligence prior to allowing you to syndicate. If you're looking for a reputable direct funder whom will allow you to grow your portfolio, reach out to me for more details!