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  1. #1
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Serious Question

    I see all the time the posts about deals have a blank looking for blank who can get this done?
    My question is this, how many people have actually gotten deals done from here that they could get done with the banks they normally do business with.. I ask this because I find it difficult to belie that a lot of deals get done that an ISO couldn't originally get done with the banks they normally work with.. Just curious about people success rate..
    John Celifarco
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    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
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  2. #2
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    I can respond from my side of the table, I see many posts regarding a complicated file (Examples: Home based contractor, Limited deposits, Micro Files-low monthly deposits, Insurance companies, Foreign ownership, month with out revenues, tax preparations with no prior monthly sales,Criminal backgrounds, merchant opened new bank accounts, Excessive negative days -- the list goes on), moments after i talk to the post-holder they sign-up with cresthill and long story short a funded deal takes place.

  3. #3
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by mcaguru View Post
    I can respond from my side of the table, I see many posts regarding a complicated file (Examples: Home based contractor, Limited deposits, Micro Files-low monthly deposits, Insurance companies, Foreign ownership, month with out revenues, tax preparations with no prior monthly sales,Criminal backgrounds, merchant opened new bank accounts, Excessive negative days -- the list goes on), moments after i talk to the post-holder they sign-up with cresthill and long story short a funded deal takes place.
    No offense but if it is true or not you would say that is the case because you want more business.. Same goes for any other bank, really looking for the ISO side of this and their experience..
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
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    Quote Originally Posted by mcaguru View Post
    I can respond from my side of the table, I see many posts regarding a complicated file (Examples: Home based contractor, Limited deposits, Micro Files-low monthly deposits, Insurance companies, Foreign ownership, month with out revenues, tax preparations with no prior monthly sales,Criminal backgrounds, merchant opened new bank accounts, Excessive negative days -- the list goes on), moments after i talk to the post-holder they sign-up with cresthill and long story short a funded deal takes place.
    I love how you always find a positive way to promote how "Cresthill Saves the Day" in every thread LOL!

    superman_logo_c_letter_by_c1ko-d32x4p9.jpg
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  5. #5
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by WhoisKingsley View Post
    I love how you always find a positive way to promote how "Cresthill Saves the Day" in every thread LOL!

    superman_logo_c_letter_by_c1ko-d32x4p9.jpg
    Love it... The thread could be about traffic on 6th avenue in manhattan and somehow they would have fixed it.. true story
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
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    Quote Originally Posted by J.Celifarco View Post
    I see all the time the posts about deals have a blank looking for blank who can get this done?
    My question is this, how many people have actually gotten deals done from here that they could get done with the banks they normally do business with.. I ask this because I find it difficult to belie that a lot of deals get done that an ISO couldn't originally get done with the banks they normally work with.. Just curious about people success rate..
    It has become a good place that funding companies can be found. As per posting deals in the deal bin... I've been on the run around when I used it. There were some awesome connections made from it- maybe not that particular deal but it leads to the growth of lasting relationships.
    Amanda Kingsley
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  7. #7
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by WhoisKingsley View Post
    It has become a good place that funding companies can be found. As per posting deals in the deal bin... I've been on the run around when I used it. There were some awesome connections made from it- maybe not that particular deal but it leads to the growth of lasting relationships.
    OK that makes sense.. I was just always skeptical of the need to get a deal done quick.. When I sign up with a new bank takes a day or two by the time I have a chance to go over an iso agreement, never understood how you could manage to find a new bank for a deal on your desk when you have no relationship iso agreement underwriting guidelines.. These are all things I go over in detail before deciding to get turned on with a new bank
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  8. #8
    Veteran Reputation points: 135029 Chambo's Avatar
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    Cresthill has a solution to that....and pays THE SAME ON RENEWALS!

  9. #9
    Senior Member Reputation points: 903 Scott Williams's Avatar
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    I feel like this deal bin is set up for new funders and new ISO's. Seem like its a good place for them to get matched up. ISO's that have been in this space for a long time already have relationships with the funders that have been in this space for a long time too. Your best chance to get a "hard to do" deal done is with a funder that has funded hundreds of your other deals in the past.

  10. #10
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    Quote Originally Posted by J.Celifarco View Post
    No offense but if it is true or not you would say that is the case because you want more business.. Same goes for any other bank, really looking for the ISO side of this and their experience..
    I hear you. My apologies John.

  11. #11
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by Chambo View Post
    Cresthill has a solution to that....and pays THE SAME ON RENEWALS!
    HA!

    Quote Originally Posted by Scott Williams View Post
    I feel like this deal bin is set up for new funders and new ISO's. Seem like its a good place for them to get matched up. ISO's that have been in this space for a long time already have relationships with the funders that have been in this space for a long time too. Your best chance to get a "hard to do" deal done is with a funder that has funded hundreds of your other deals in the past.
    100% agree with that


    Quote Originally Posted by mcaguru View Post
    I hear you. My apologies John.
    no worries just trying to understand the thinking behind all the deal posts
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  12. #12
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    Quote Originally Posted by WhoisKingsley View Post
    I love how you always find a positive way to promote how "Cresthill Saves the Day" in every thread LOL!

    superman_logo_c_letter_by_c1ko-d32x4p9.jpg
    I have slowed down and try to respond to the issue at hand for the most part.

  13. #13
    You've slowed down but Cresthill's double digit commssions haven't.lol Sorry had to do it.

    Quote Originally Posted by mcaguru View Post
    I have slowed down and try to respond to the issue at hand for the most part.

  14. #14
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    Quote Originally Posted by cardinalequity View Post
    You've slowed down but Cresthill's double digit commssions haven't.lol Sorry had to do it.
    ding ding ding we have a winner
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  15. #15
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    mcaguru you know we all just kid
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  16. #16
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    Its all good...summer coming in..no better time to have some fun in here

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