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  1. #26
    The guy who sent me the list has not been in the office in a week. If everyone puts the initials of the sender of their list (JB) we should be able to piece together if it was :
    1. An Organizational Blunder
    2. Someone with a score to settle ( and how far up the food chain they are)

  2. #27
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    well whatever you guys do. don't share it with anyone.

  3. #28
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by sean bash View Post
    well whatever you guys do. don't share it with anyone.
    Lol. this info is already been harvested and dissected and marketing commences.. that is just for the weekend.

  4. #29
    Well ,well,well Wellsfargo.

  5. #30
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    Can capital major screw up.

    This was so on purpose. Mistakes of this scale just don't happen.

  6. #31
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    Can capital major screw up.

    If everyone on that attachment list was sent this than over 10,000 people have this list. This is not cool at all.
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  7. #32
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    Can capital major screw up.

    If it was a client list, would be a little more valuable. This list would be only valuable to lenders trying to get ISO business I guess. Just expect a flood of cold calls from lenders looking to get agreements in place next week. Yay. "Hi, this is Joe from WBL and boy do we have a program for YOU!"

  8. #33
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    True wbl reps will have a field day with this list


    Quote Originally Posted by FUNd View Post
    If it was a client list, would be a little more valuable. This list would be only valuable to lenders trying to get ISO business I guess. Just expect a flood of cold calls from lenders looking to get agreements in place next week. Yay. "Hi, this is Joe from WBL and boy do we have a program for YOU!"

  9. #34
    Quote Originally Posted by Jstarr View Post
    over 7,000 Active ISOs and their Commission Structure ----- what a major F** Up
    I'm a newbie, so this may be a naive statement, but I'm stunned at the size of this number. Is this accurate? Is there any sort of due diligence done before they start accepting business from these 7,000+ ISOs?

  10. #35
    Member Reputation points: 97 Worldwide Capital's Avatar
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    I didn't get any new emails

  11. #36
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    Can capital major screw up.

    Maybe you're not worldwide enough, G.

  12. #37
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by jfranz17 View Post
    I'm a newbie, so this may be a naive statement, but I'm stunned at the size of this number. Is this accurate? Is there any sort of due diligence done before they start accepting business from these 7,000+ ISOs?
    CAN (previously AdvanceMe) has a 6-8 year head start on everyone else, so that number wouldn't surprise me

  13. #38
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    That's pretty bad.....I've always been careful not to mess up with the BCC field, and I've seen some people send an application that one client has filled out to another client thinking it was blank, but this is a step past that. I'll have to see if we got it too!

  14. #39
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    Quote Originally Posted by omegafund View Post
    True wbl reps will have a field day with this list
    the race is on between the florida , california and new york offices . hopefully they will stop calling me all day now that they have a bigger list

  15. #40
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    its not about having a list that makes a funding house successful ....ISO's want quick turnaround/Speed Offers and Good Commissions and unsold offers to die in UW department. give this list to a company that cant fund a deal and/or takes a week to make an offer and ""this list"" (you guys are talking about) is pretty much worthless... Also business is just a means to feed a family and be a better person...someone walked into Cresthill Capital and offered us a client (prospects) list of 30,000 merchants we waited for the guy to leave and my managing directors called the principles and reported the situation.... business ethics is like the glass of a fish tank --if it breaks no one survives.
    Last edited by mcaguru; 02-08-2016 at 12:26 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

  16. #41
    Member Reputation points: 10 ISO.handler2015's Avatar
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    wow

  17. #42
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    What ended up happening with that leak from CAN? Everyone just went dead quiet on it.

  18. #43
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    what do you mean ?
    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

  19. #44
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Anyone get fired, sued, or was it done on purpose for some reason?

  20. #45
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    Quote Originally Posted by Funder Mark View Post
    Anyone get fired, sued, or was it done on purpose for some reason?
    It was meant to discourage you by demonstrating the colossal number of reps going after the same client pool with the same product, and the same message. Basically like opening a McDonalds, next to a McDonalds, next to a Wal-Mart (with a McDonalds inside), and instead of a 7 figure start-up cost, it's 3 figures.

  21. #46
    That is why there needs to be more companies offering terms like can. Only one iso or direct sales rep will eat that cheeseburger.

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