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11-24-2013, 05:01 PM #1
NAB Advertising Cash Advance Program on Processing Statements of Converted Merchants
You brought them into a thread that they were not mentioned in and You know exactly what you were insinuating and it could not be farther from the truth...The owners of BMS and FFM are all stand up people and I and my company are proud to say we consider them true partners!! Anyone looking for a referral for Bms or ffm call me directly
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11-25-2013, 03:53 AM #2
Reputation points: 1393
- Join Date
- Apr 2013
- Posts
- 359
I appreciate hearing who has what relationships. I don't think Syndicator is necessarily implying anything; just that you never know in this industry. I've had merchants who have never done a cash advance with no UCC filings from any MCA companies, and yet will still get called "coincidentally" after I submitted their application for processing.
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11-25-2013, 05:15 PM #3
Reputation points: 93
- Join Date
- Sep 2012
- Posts
- 75
Eli - "Thesyndicator" - I am not sure where you get your "facts" from so let me clarify.
I am not familiar with how the other processing companies are managed, but I can tell you that Benchmark or any other affiliated companies do not have our own in-house sales force, so we do not and could not compete with our funders, ISO's or reps, nor do we advertise for funding at all. Not on statement messages, no online advertising and not on our website - nothing at all. If a call or request comes from our merchant base - that request if forwarded to the ISO on file.
What I also can confirm is Benchmark does not involve itself with funding companies beyond the Processor/ISO and split funding relationship. The only other partnership we have with Yellowstone is with this year’s fantasy football for charity. See link: http://www.reuters.com/article/2013/...61+PRN20131121
If there is anything that I can do to further assist you or if you have any genuine questions or concerns please email us and I will address them.
As our over 100 funders who we split for can attest to, we go way and beyond to be their processing solution and split funding partners. We thank them for their business.Last edited by Benchmark; 11-25-2013 at 05:36 PM.
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02-27-2014, 10:59 AM #4
Yea, I was about to say... I've done deals that the merch was with NAB and I didn't fund with CFM...
Also, what is the difference (if any) between Capital For Merchants and Capital For Merchants Now??? Anyone? (I have been trying to wrap my head around that for a long while now)
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02-27-2014, 03:52 PM #5
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
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02-27-2014, 04:40 PM #6
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