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  1. #1
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by mcaguru View Post
    Ye I hear you. Capital hill at times is a good route and we use that for family healthcare ventures, for our industry the guys at capital hill look at a 1.18-1.30 factor rates as punching the merchant in the gutt. MCA/ACH is very helpful but congressman hear 20-30% payback and the most conservative MCA Group can look like hard money. (these are a group of people that anything over bank rates is excessive).
    HUH? What does this have to do with the stacking law suits???
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

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    Quote Originally Posted by J.Celifarco View Post
    HUH? What does this have to do with the stacking law suits???
    I saw the Capital Hill stuff and pointed out that these guys can be educated on 2nd position funders and they might be hold your horses why don't you tell us about the 1st position (now of course they may not ask the questions about 1st positions in front of Mr Brown!!) and then when they hear about 1st position 1.25 rate and feels its way to aggressive and uncle charlie went under for taking a 1.18 they come after us all ..
    Last edited by mcaguru; 02-10-2016 at 03:16 PM.
    Marcus Clapman | Business Development | Cresthill Capital
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by mcaguru View Post
    I saw the Capital Hill stuff and pointed out that these guys can be educated on 2nd position funders and they might be hold your horses why don't you tell us about the 1st position (now of course they may not ask the questions about 1st positions in front of Mr Brown!!) and then when they hear about 1st position 1.25 rate and feels its way to aggressive and uncle charlie went under for taking a 1.18 they come after us all ..
    1st position MCA's have already been run though the courts they dont have worry in anyway close to how the second position and deeper will.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
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    Quote Originally Posted by J.Celifarco View Post
    1st position MCA's have already been run though the courts they dont have worry in anyway close to how the second position and deeper will.
    Anytime your giving capital above banking rates with a pro-regulation administration one can be worried. (since you use the worry term) and lets not even go down the path when the smartest business economic professor at Georgetown Universality proves that its the 1st position funding house that causes 100% the merchant to need a 2nd position?? (yep a professor is on it sadly) what happens then??!!!
    Last edited by mcaguru; 02-10-2016 at 03:48 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  5. #5
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by mcaguru View Post
    Anytime your giving capital above banking rates with a pro-regulation administration one can be worried. (since you use the worry term) and lets not even go down the path when the smartest business economic professor at Georgetown Universality proves that its the 1st position funding house that causes 100% the merchant to need a 2nd position?? (yep a professor is on it sadly) what happens then??!!!
    I will take my chances that the 1st position funders will be ok. If the 2nd and 3rd position companies best argument is dont come after us because maybe someone will come after you, if thats the case they are even more screwed then I originally believed. You gotta do better then that
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
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    Quote Originally Posted by J.Celifarco View Post
    I will take my chances that the 1st position funders will be ok. If the 2nd and 3rd position companies best argument is dont come after us because maybe someone will come after you, if thats the case they are even more screwed then I originally believed. You gotta do better then that
    Its all good ! my point is if regulators come in to the pic everyone in the space of 1.20+ will have what to deal with.

    I do have a passion to open a Soup Kitchen for the needy would love Bernie Sanders to win and the Executives in our space (from A-Z Lenders) will have all the time to help me get those Delicacies served.(Trump wins will hire others to handle the servings ).
    Last edited by mcaguru; 02-10-2016 at 05:50 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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