NAB Advertising Cash Advance Program on Processing Statements of Converted Merchants - Page 2
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  1. #26
    I also noticed that NAB attaches a Capital for Merchants flyer on the merchants monthly merchant account statement!

    I wonder if one of these merchants contacts the NAB phone number on the flyer, that NAB signs them up 'directly' with a CFM cash advance and never notifies the NAB Agent who set up their merchant account? I would not be surprised if NAB cuts out their agents or never notifies them when one of their merchants inquires about a CFM advance! This way NAB in-house agents get the commission and not the independent outside agent that represents NAB!

    Has anyone heard of NAB Agents getting 'cut out' of any CFM advances to their merchants they signed up?

  2. #27
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    I never had any merchant account I boarded with NAB get poached by CFM. I think they're probably very careful not to mess with that even though all my merchants got CFM ads in their statements

  3. #28
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    Quote Originally Posted by EDP View Post
    I also noticed that NAB attaches a Capital for Merchants flyer on the merchants monthly merchant account statement!

    I wonder if one of these merchants contacts the NAB phone number on the flyer, that NAB signs them up 'directly' with a CFM cash advance and never notifies the NAB Agent who set up their merchant account? I would not be surprised if NAB cuts out their agents or never notifies them when one of their merchants inquires about a CFM advance! This way NAB in-house agents get the commission and not the independent outside agent that represents NAB!

    Has anyone heard of NAB Agents getting 'cut out' of any CFM advances to their merchants they signed up?
    NAB and CFM are one in the same.

  4. #29
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by Eric S View Post
    NAB and CFM are one in the same.
    true. CFM never stole any of my NAB accounts though.

  5. #30
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Quickfunder View Post
    Has anyone noticed that NAB includes a big, colorful flyer on its merchant statements for their Cash Advance program? Conflict of interest I would think. Why would someone submit volume over to future competition?
    Several companies advertize cash advances during the hold music. Has been going on for years

  6. #31
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by miked View Post
    didn't evo and merchants capital access used to be one and the same company?
    yup...in the same offices too

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