Results 1 to 25 of 56
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10-01-2013, 04:11 PM #1
September absolutely rocked at Yellowstone Capital!!!
Congratulations everyone we funded 843 deals for a total of $16,125,000 !!!!!
Quick breakdown on the overall number is this… $7.5MM funded through our in house funding program and $8.6MM funded through all of our outside funders
What blows me away about September was that it was a 20 day month loaded up with Jewish holidays.
Huge Congrats to our marketing department….the volume and Quality of our leads have never been better!!
The In-House Funders really stepped it up in September:
AKB…Lock Box Steve and Licker
BAD…Bart all day
ATM…Arlena Basilio
SLC…Mike Samuels
Arch…Zach Chasin
Lik Funding…Steve Klein
AD…Aaron Davis
And all the reps that funded their own deals!!
A few Reps had absolutely outstanding months and I would want to recognize them:
Juan Monegro…funded 75 deals for $1.6MM
Andy Mac/Joe/Dru-106 deals for 2.1MM
LockBox Steve-$220K Gross…that’s just commissions boys and girls
Henry (Aviv) Boaz 20 deals for over $500K
EK Sales…Mr. Consistent…always over $100k gross…ya even on a holiday month
Matt Melnikoff…funded 31 deals for over $600K
Josh Weiss..funded 20 deals for over $550K
Desmond Miller…31 deals for $730K
A huge shout out to Chambo and the 4th floor crew who are really starting to crank up the volume
A special shout out to all the new comers who are working their tails off to make it happen
Florin Vicol-16 funded deals in his first 6 weeks
Eli Ghoori
Mark Kern
Julie Sigal
Lalit Malik
I want to thank all of our outside funders who helped us put up these huge numbers:
Huge thank you to Evan Marmott and Steven Saffer at Fast Business Funding for funding over 3MM for us
Another huge thank you to SFS for funding over 90 deals this month for us!
Thank you to Rapid, GBR, TBB, FFM, Fora, Capital Stack, Main Street, Max, OnDeck, and Snap all had really strong months with YSC!!
Let’s take this last quarter of the year and absolutely crush it!!
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10-01-2013, 04:31 PM #2
- Join Date
- Jul 2013
- Posts
- 12
That is amazing! Keep up the great work, really glad we could be a part of it and looking forward to doing even more next month! GET AMPED!!!!
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10-01-2013, 04:35 PM #3
Sweet it is, $16m going to $30M....
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10-01-2013, 04:45 PM #4
"What blows me away about September was that it was a 20 day month loaded up with Jewish holidays"
I guess us gentiles really pulled through this month, eh?
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10-01-2013, 04:45 PM #5
Slow and steady but ya that's the plan....with partners like you guys there is no reason we cant see a month in the next year where we hit 30MM
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10-01-2013, 04:46 PM #6
Absolutely Matt...the 4th floor is really starting to crank it up....great work!!!
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10-01-2013, 05:04 PM #7
Gents yes , but dont forget all the praying we've been doing during holidays
Last edited by Capital Stack; 10-01-2013 at 05:43 PM.
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10-01-2013, 05:10 PM #8
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
Goooooooood sh*t!
So we need 167 to get to 1,000? Pencil us in for that next month!
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10-01-2013, 05:14 PM #9
We did alot of shul over the last month....Jay im counting on you for a lot more then that
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10-01-2013, 05:17 PM #10
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
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10-01-2013, 05:45 PM #11
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 2
YSC ISO Dept was full speed ahead last month, looking for bigger and better in October!
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10-01-2013, 05:57 PM #12
I want 150 deals from you boys in October!!
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10-01-2013, 06:05 PM #13
I think it's cool that you publicize your numbers. So many people are quick to estimate the annual size of the industry but when asked to support that data they can't point to anything because everyone's so secretive or vague with the language. Think "low single digits"...
Also there is so much syndication going on that money is counted twice. "We funded $20 million" can mean $5 million of your own money and $15 million from syndicates. Of course the syndicates will report what they funded themselves too. It will seem like the amount funded is 20+15 = 35 million but in reality it is just 20 million.
Yellowstone as I understand it is reporting raw funding amounts. So whether they funded it themselves, syndicated it with another funder, or did the whole thing with another funder, they are only counting dollars funded to merchants as a result of their efforts.
$16 million in a month is substantial. That's nearly half the volume of what On Deck Capital supposedly puts out and On Deck is a company that has taken on hundreds of millions in debt and is up to like Series F funding. Think about that.
Meanwhile ISOs can talk and interact with Isaac here on the board but I can only watch Noah Breslow on TV. A lot of people can learn something from the yellowstone model. They are probably one of the biggest forces in the entire industry.
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10-01-2013, 07:12 PM #14
Thank you Sean...I really appreciate the compliment.
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10-02-2013, 07:35 AM #15
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
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10-02-2013, 11:13 AM #16
I never want to cap what someone can make....at YSC there is no ceiling.....
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10-02-2013, 11:46 AM #17
- Join Date
- Aug 2013
- Posts
- 196
Good job guys. That's amazing!
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10-02-2013, 11:55 AM #18
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10-02-2013, 03:08 PM #19
Sean very true.. You talk to people and they try to guard their funding numbers like they are nuclear launch codes. Makes it really difficult to judge size and growth of the industry..
Great month Isaac, thats a monster number
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10-02-2013, 03:11 PM #20
Thanks man....really appreciate it...super proud of my crew
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10-03-2013, 01:55 PM #21
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
I forsee our ISO business/Outside Affiliates becoming a HUGE AMOUNT of our monthly funding. I would like to see 10MM a month coming directly from outside sales reps.
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10-03-2013, 01:59 PM #22
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
I think 250 a month from Me and Joe and Dru is going to happen within the next year. After that, it'll be a consistent 250 for 4-7MM / month
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10-03-2013, 02:15 PM #23
I believe its very likely that by this time next year you 3 will be consistently doing 250-300 deals a month!!
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10-03-2013, 06:45 PM #24
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10-04-2013, 11:44 AM #25
- Join Date
- Dec 2012
- Posts
- 116
Sean, I think this thread should be renamed "Yellowstone Self-Love fest"
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