October was off the charts at Yellowstone Capital!!!
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  1. #1
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    October was off the charts at Yellowstone Capital!!!

    Congratulations everyone we funded 923 deals for a total of $19,100,000 !!!!!

    Quick breakdown on the overall number is this… $9.2MM funded through our in house funding program and $9.9MM funded through all of our outside funders!!


    Congrats to all the In House funders on a record breaking month!!

    AKB…Lock Box Steve and Licker
    BAD…Bart all day
    ATM…Arlena Basilio
    SLC…Mike Samuels
    Arch…Zach Chasin
    AD…Aaron Davis-Congrats on the wedding buddy….THAT’S MEEEEEEEEEEEEEE
    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…84 deals for $1.7MM Fundedddddddddd
    Andy Mac/Joe/Dru-116deals for 2.95MM
    LockBox Steve-$240K Gross…ya that’s not a typo
    Elliott Klein-over $200K Gross, 34 deals funded for $2.1MM
    Matt Melnikoff…$133K Gross..56 deals for a shade over $1 Million funded
    Josh Weiss-27 deals for over $700K funded
    Desmond Miller-27 deals for $910K funded
    Kevin Ka$h William$-34 deals for $727K
    Avi (Abe)(Franklin)(Frank) Franco-32 deals for $915k funded
    Alex Chasin-23 deals for $510K
    Florin Vicol-22 deals for $265K funded
    Jimmy Mcneil-18 deals for $540K funded


    Congrats to Chambo and the 4th floor crew!


    A special welcome to all the new reps who joined us in October:
    Jonathan Aryeh
    Jamie Schiff
    Avi Dahan
    Michael Fishbein


    I want to thank all of our outside funders who helped us put up these huge numbers:

    A huge thank you to Strategic Funding Source for funding 120 deals for $3,070,154.00 . Huge thank you to Andy, Dave, Adi, Jim and all the folks on the management team….Huge shout out to our team leader Sean Underdue for working the crazy hours and making it happen for us.. All of the great work we did at SFS would not be possible without the amazing team we have over there so I want to thank all of them: Raul Rodriguez, Matt Reiser, Ying Yang, Ines Diaz, Dioselyn Reyes, Roland Burke, Steven Podhorzer, Victoria Aquirre, Norma Reyes and Kathleen Perry…Also a huge thank you to the customer service crew down in West Virginia!!!

    Huge thank you to Evan Marmott and Steven Saffer at Fast Business Funding for funding over $2.25MM for us…. but more importantly for consistently drinking 36 cans a day of Red Bull and staying AMPED!!! Boomshakalacka buddy…who’s the Big Macher?????

    Thank you to Rapid, GBR, TBB, FFM, Fora, Capital Stack, Main Street, Max, Everest, Business to business Funding, OnDeck, and Snap all had really strong months with YSC!!


    Keep up this crazy pace guys….looks like we are going to crack $200 Million in 2013!!!!!!

  2. #2
    That is impressive volume- you should fund 100 percent of all the bz though so if you want to sell one day your equity valuation isn't split 50/50 as in house and broker bz. 50 perc of the deals funded are owned by the other funders contractually unless you struck one hell of a red line contract and the customers/purchased assets are owned by ysc-

  3. #3
    Congrats guys. Get AMPED!!! haha love it

  4. #4
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    This has to put yellowstone in a group of the top 5 largest MCA players I would think.

  5. #5
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    October was off the charts at Yellowstone Capital!!!

    Thanks guys.....mcavet we try to fund the lower tier shorter deals in house and broker out anything that's longer then a 5 month turn....maybe some day we will fund everything in house but for now we have our hands full with 500 or so plus deals we funded in house

  6. #6
    Makes sense- hey you never know- google could come knocking...

  7. #7
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    October was off the charts at Yellowstone Capital!!!

    Me and google are already buddies...they bang out my credit card for 20k a day

  8. #8
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    Those are some sick numbers. Congrats!

  9. #9
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Thanks man

  10. #10
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    The ONE PERSON WHO GETS THE BIGGEST CONGRATS IS ISAAC STERN!!!!

    Dude, without you pushing us and letting us rock out the way you do I could never be funding 3MM a month with 2 guys.

    So big thanks to BBE (best boss ever)

    ***You all can proceed with the ass-kisser comments***

  11. #11
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Amac-thanks for the congrats but without you and the rest of the crew YSC is nothing...its a team effort and I appreciate everyone dedication to getting us to where we are...looking forward to seeing the final numbers at the end of the year buddy!!!

  12. #12
    Veteran Reputation points: 135029 Chambo's Avatar
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    Quote Originally Posted by MCAVeteran View Post
    Makes sense- hey you never know- google could come knocking...
    You should be more worried about Google swallowing up your Biz Ed....

  13. #13
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    The numbers are coming along. My belly is swelling from being so well fed here at the Big bad 'Stone!!! I am really excited to watch us grow and become the benchmark by which others compare themselves.

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