Results 1 to 7 of 7
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09-01-2015, 12:18 PM #1
Coincidental deals - small world, or small industry?
Every now and again I come across deals that I can somehow relate to and it's somewhat awkward because it makes me wonder how small and tight-knit the industry actually is.
Yesterday got a deal for a supermarket in Brooklyn, same zip code as where I live so I google map it - it's the market right across the street from my building where I shop all the time. So weird how it landed on my desk, through a sales company in Miami.
Today I was looking through bank statements and saw that the merchant I was reviewing purchases supplies from another merchant I funded a few weeks ago. Wasn't a deal where one merchant referred the other to a MCA, just pure coincidence.
I know the small business industry isn't THAT small, but these types of things really open my eyes to how intertwined we all are.Anthony Diamond
Underwriter
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09-01-2015, 12:28 PM #2
- Join Date
- May 2015
- Posts
- 4
You got your own little "Credit Bubble" going on there.
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09-01-2015, 02:36 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
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- 3,508
Hence the reason why it is ever so important to do a good job and be respectful to ALL prospects, even if you can't help them. Someday, somewhere, somehow, they or a related opportunity will wind up on your desk.
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09-01-2015, 02:55 PM #4
this only proves how much money we're leaving on the table when we don't ask our local business owners who we know and frequent on a daily basis if they need any cash
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09-01-2015, 05:41 PM #5
- Join Date
- Jun 2015
- Posts
- 3,326
i had a deal that when i sent the contract to the merchant he asked me if he needs to fax this to me or can i go down 2 flights to give it straight to the lender .
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09-03-2015, 05:17 PM #6
just had another deal, a restaurant that orders fish from a fisheries deal i had a few weeks back... so weird
Anthony Diamond
Underwriter
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09-10-2015, 12:35 PM #7
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 464
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