Results 1 to 25 of 29
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04-15-2016, 11:36 AM #1
ALL TIME RECORD 12 Positions!!! WTF
This definitely breaks the record, merchant with 12 Positions paying combined 27,000/day in ACH debits. WTF?
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04-15-2016, 11:39 AM #2
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04-15-2016, 11:39 AM #3
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Send that to senator what's-his-name and his pals over there.
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04-15-2016, 11:41 AM #4
Last edited by J.Celifarco; 04-15-2016 at 11:44 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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04-15-2016, 11:46 AM #5
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04-15-2016, 11:48 AM #6
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04-15-2016, 11:53 AM #7
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04-15-2016, 12:00 PM #8
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- Jun 2015
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- Gainesville, FL
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04-15-2016, 12:12 PM #9
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- Miami, FL
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ALL TIME RECORD 12 Positions!!! WTF
This scenario would really help the state of Illinois expedite things
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04-15-2016, 12:21 PM #10
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04-15-2016, 12:22 PM #11
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04-15-2016, 12:24 PM #12
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04-15-2016, 01:03 PM #13
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04-15-2016, 01:17 PM #14
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- Jan 2016
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- 42
Yeah this is insane, but at 12 positions, it's obvious this merchant knows what he is getting himself into. Standards are necessary for transparency and disclosure, but making something illegal because you don't like it is not the answer. At some point the merchant ought to show some responsibility as well.
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04-15-2016, 02:35 PM #15
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04-15-2016, 02:39 PM #16
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04-15-2016, 02:44 PM #17
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It's an interesting point your raising, but the only thing I'd care to know is how the merchant is handling those 12 payments? If he's managing his cash flow well and it looks like he could support another position, then I get what you're saying about getting funded from 12 "investors" instead of 1.
But if the merchant is driving down "bounce-city", then it never matters how much money he's making on a monthly basis
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04-15-2016, 02:44 PM #18
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04-15-2016, 02:46 PM #19
this is like the 5th times someone has posted a thread like this.
indeed 12 is the record, if its all on one legal entity.Anthony Diamond
Underwriter
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04-15-2016, 03:28 PM #20
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- Oct 2014
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- 257
ALL TIME RECORD 12 Positions!!! WTF
It's the flower deal Bahahahahha.
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04-15-2016, 03:30 PM #21
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- Oct 2014
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- 257
ALL TIME RECORD 12 Positions!!! WTF
It's still just 14% of gross
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04-15-2016, 03:38 PM #22
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04-15-2016, 03:49 PM #23
If its a Pharmacy in Tennessee I know the deal. If its not then I would say you don't have an official record. lol
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04-15-2016, 04:16 PM #24
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04-15-2016, 04:20 PM #25
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