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02-03-2016, 07:15 PM #1
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5th position 5th position
Have a merchant that has 2 bank accounts. 1 is doing 1.2 million. Another is doing 650k. Great dailys,min of 20k. Never missed a payment in cash advance. They have totalling in around 500k left with 4 positions in the big account. 0 in the smaller one. They need 250-300k asap.
Anyone?
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02-03-2016, 07:19 PM #2
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Oh getting the pop corn for this one . Here we go
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02-03-2016, 08:10 PM #3
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This should be fun....
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02-03-2016, 10:11 PM #4
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Nate, you may want to read this very active thread....
http://dailyfunder.com/showthread.ph...e-Wall-FundingLast edited by dpFund; 02-04-2016 at 10:03 AM.
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02-04-2016, 10:32 AM #5
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1.850M gross with 20K daily average balances I would not describe as "great". Learn your trade numbnuts.
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02-04-2016, 10:36 AM #6John 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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02-04-2016, 11:11 AM #7
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02-04-2016, 10:40 AM #8
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sent PM
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02-04-2016, 10:43 AM #9
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No merchant with 4 positions can ever be considered "great", especially when coupled with them seeking a 5th position.
My question is though, how much are they paying out each month in advances?
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02-04-2016, 10:58 AM #10
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02-04-2016, 11:03 AM #11
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Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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02-04-2016, 11:35 AM #12
Most in this MCA industry are lucky to have an associates degree, they don't do numbers.
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02-04-2016, 11:37 AM #13
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02-04-2016, 11:40 AM #14
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02-04-2016, 11:42 AM #15
I have worked with guys who dont even have an associates degree who have a better understanding of this industry. It has nothing to do with education, it comes down to taking the time to learn what ti is you are selling and working in an environment and with people who can teach you what you need to know. You can't even blame some of these people, you need to blame their boss who put them on the phone with no training and then allows them to come on here and ask ridiculous questions
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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02-04-2016, 12:50 PM #16
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02-04-2016, 12:04 PM #17
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02-04-2016, 11:37 AM #18
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I concur, most the people I come across cant spell MBA
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02-04-2016, 11:49 AM #19
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TRue; I have had the benefit of being surrounded by a lot of great people, a lot of them are on this forum, while I was learning the ropes. Including Mr. Celifarco.
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02-04-2016, 11:50 AM #20
Last edited by J.Celifarco; 02-04-2016 at 11:55 AM.
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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02-04-2016, 11:55 AM #21
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02-04-2016, 12:01 PM #22
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02-04-2016, 12:04 PM #23John 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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02-04-2016, 12:17 PM #24
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02-04-2016, 11:50 AM #25
I blame these people. If they can read they can learn, they don't need a boss to tell them everything. Books are free, but when you have be people that don't have education and cannot even perform a search on this forum you know they will have problems.
It is amusing to see those that don't even have an associates degree trying to sell a financial product..
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