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03-31-2016, 04:30 PM #1
All merchants are fair game at Yellowstone, say good bye to your deal
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04-06-2016, 01:52 PM #2
- Join Date
- Apr 2016
- Posts
- 5
We have, unfortunately, just had a deal shuffled from Knight to First Merchant. As per our merchant " I just got a call from Rebecca at First Merchant saying that she knows Knight may have killed my deal, can she do anything to get me the money I need, all she would need is an updated application". The industry is getting shady
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04-06-2016, 02:52 PM #3
- Join Date
- Sep 2015
- Posts
- 13
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04-06-2016, 05:04 PM #4
- Join Date
- Apr 2016
- Posts
- 4
Lol MAEPRO is the detective of this industry. Why are you trying to find trouble everywhere you go. If you don't like the industry get out. Lenders from ondeck to yellowstone have taken deals from me but i don't complain. Drink a cup of concrete or get out of the business.
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04-07-2016, 09:03 AM #5
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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04-06-2016, 02:12 PM #6
If you are going to bash Yellowstone...let's at least get the fact straight
1) All merchants are NOT fair game.
2) Anyone who submits no longer has exclusivity. First one back with signed contracts gets the deal.
3) ISO business from one rep CANNOT be handed off to another rep at Yellowstone. Not unless the first rep DELIBERATELY did this. So nobody ius secretely redirecting and stealing your deals. IF you submit a deal and along with your rep, and another ISO submits that same deal (like NO FUNDER HAS EVER seen that before!), the FIRST group back with the signed contract gets the deal
4) Yes, two different ISO's can hypothetically get the exact same offer form the same in house funder at Yellowstone
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