[mcaguru]

I have been getting a lot of COJ related calls so its easy to clear on the forum:

Cresthill NEVER requests COJ under $25,000 NO matter the industry. we bucket under 25k into our "Micro File Program".. that program funds from 2K-25K with fewest stips in MCA!! (we fund otherwise up to $500,000)
High NSF's -OK!
Poor Credit -OK!
High risk industries - OK!
Low # of Deposits - OK!

Expect Offer in 3 HOURS!
Fewest Stips to FUND!!!!
Submit today -- Fund Tomorrow!
we pay double digit commissions
Contracts sent in minutes!!
Sign Up Today!

[lkc67]

For those ISOs who like to syndicate in their smaller deals, possibly even in trucking, construction, or auto deals. Everest offers you the comfort of having the COJ on those merchants. But yes, we will require COJ's on deals above $25,000.

Everest offers thier ISOs the oppoortunity to syndicate up to 30% on the deals we fund for them.

Everest is one of the largest Direct Funding companies in the industry. Focused on ISO submissions, we do not broker out your deals. We are focused on customer service to our ISOs.
If you do not work with Everest, you should contact us to get signed up. We offer "buy rates" as low as 1.15 and terms up to 1 year, paying next day commissions up to 15% and offer volume incentives of 1% per $250,000 funded on top of commission.

[ADiamond]

http://dailyfunder.com/forumdisplay.php/15-Promotions

[mcaguru]

http://dailyfunder.com/forumdisplay.php/15-Promotions

Did you just stack on our posts ?

[HDF]

Did you just stack on our posts ?

Sucks when people interrupt a thread. Right... Guru of the Hijack?

[Michael I]

Sucks when people interrupt a thread. Right... Guru of the Hijack?

Haha taste of his own medicine

[Cfairbank]

Did you just stack on our posts ?

Mantis stacked by everest, would only be right if somewhere this original thread was OnDeck's that was stacked by IOU

[mcaguru]

Mantis stacked by everest, would only be right if somewhere this original thread was OnDeck's that was stacked by IOU

Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...

[Michael I]

Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...

how did your dozen underwriters and the thousands of files not see that iou been stacking since they opened .
side note funding circle just stacked my merchnat , i never knew they will do 3rd position

[J.Celifarco]

Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...

IOU has been doing 12 month low factor second positions for as long as I can remember. Very different then a 3 or 4 month 1.45 with huge fees and a COJ.
Not comparable

[AlexSMF]

Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...

IOU has been providing 2nd positions for as long as I have worked with them. There is a difference between a 12 month 1.24-1.30 2nd to a 3 month 1.46 however.

[sigmundpannu]

IOU has been doing 2nd position deals for a long time.

[Chambo]

IOU has been doing 2nd position deals for a long time.

IT's not that they are necessarily doing second positions. They (like On Deck) look at their product as a true loan, and everyone else as a cash advance. Therefore, it isn't stacking, it is simply a different product.

[anonymous]

IT's not that they are necessarily doing second positions. They (like On Deck) look at their product as a true loan, and everyone else as a cash advance. Therefore, it isn't stacking, it is simply a different product.

Yet they would stack OnDeck which is also a "loan," making it a stack regardless. Plus if there are two advances outstanding, they won't stack a third. The number of cash advance positions they were coming in behind would be irrelevant by that logic. That said, (from what I've been able to gather) the scoring system is starting to cater a lot more to 1st than it is to 2nd. Don't get me wrong, it still pumps out great 2P approvals, merchant has to score out well though.

[mcaguru]

We got dozen plus people looking under the hood for us.

[MCNetwork]

Hi,

We are a Direct Lender in the MCA industry which specializes in multiple position (2nd to 10th)

Yeah but I'm looking for someone who does 11th to 20th positions...

[J.Celifarco]

Yeah but I'm looking for someone who does 11th to 20th positions...

MCN they used to but recently tightened their underwriting so nothing past 10th.. How is this real??? I dont get it

[Jonathon]

10th position? wtf

[J.Celifarco]

Hi,

We are a Direct Lender in the MCA industry which specializes in multiple position (2nd to 10th), high-risk, low credit advances from $2,500-$70,000 in practically ALL industries.

I do a pre-credit underwriting on all deals that you submit so that my ISOs get immediate responses and same day funding. I am reachable from morning to night.

We are NOT an ISO and do not employ direct sales reps. We strictly work with ISOs like yours and are looking for strong, long-term and honest relationships.

We are currently accepting new ISOs and invite all DailyFunder members to reach out to discuss working together.


Dave Margolies
Director of ISO Relations

465A Central Avenue, Ste 128
Cedarhurst, NY 11516
Tel 866-856-7482 x108
Dave@MLFactors.com

please go away and never come back with your 10th position nonsense... BYE BYE

[VFG]

Damn i was really hoping he'd do a 13th position so i can send him this clean file..... Rolleyes!

[MCNetwork]

You know we're in an industry bubble when new funders proudly advertise the fact that they do 10th positions...

[admin]

I'm disappointed that he posted the same thing 10x in a row and then didn't answer anyone's questions, including mine about how it is they "lend"

[mcaguru]

I leave for 1 day and i got to get the Mop out!

[nrh1lp]

I smell a ban coming

[mcaguru]

ban ?? NA! hes probably a good guy just new here and thinks offering 10th position is like when a hotels offering 4PM checkout.