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04-08-2016, 10:56 AM #1
High Speed Capital
Anyone heard of these guys? Merchant just sent me contracts for 75k from them. Looking for someone to compete.
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04-08-2016, 10:58 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
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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04-08-2016, 10:59 AM #3
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
If you PM me I will give you the lowdown
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04-08-2016, 10:59 AM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
Do a whois domain search.
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04-08-2016, 11:02 AM #5
Its a inhouse Yellowstone group.
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04-08-2016, 11:03 AM #6
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
sorta
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04-08-2016, 11:04 AM #7
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
What it really is, to be honest,is one of our in-house platforms that can be used by any funder in house to do really competitive deals.
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04-08-2016, 11:44 AM #8
- Join Date
- Jul 2014
- Posts
- 1,746
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04-08-2016, 12:02 PM #9
- Join Date
- Jun 2014
- Posts
- 195
I fund on High Speed at Yellow all the time
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04-08-2016, 05:54 PM #10
For some reason, I have a feeling this merchant is a fake. Sends in statements and a contract from Highspeed for 75k. I send it out, responses are: BK in dismissal, she has one day where a cash advance pulled 3 times in one day, missing activity for the last week of march(says she was using her saving account to make payments.) She had an answer for everything like if it was planned or done before. Anyone have some pointers on fake merchants and how to avoid them? This has only happened to me once before, last year merchant submitted fake statements but we caught it in time.
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04-08-2016, 06:03 PM #11
- Join Date
- Nov 2013
- Posts
- 600
Try originating deals that have not had a MCA or try a new lead source thats not UCC's. Ask specific questions to not only learn their business model but see if they are full of ****.
Still, the best thing you can do is be AWARE and when you have a merchant with excuses for everything usually its BS.
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