[Karen37a]

The economy changed a bit since then, also companies like Kabbage, Amex, processors etc ( many others ) entering the mix and taking away a lot of business that went to the traditional Isos or Brokers.

I can argue the point that the A/B paper people...even clean c/d ( or more sophisticated ) are not going to respond to mailers thru bait and switch on credit cards and fake credit offers, nor do they respond( in mass) to a drip marketing campaign.And the way to get to these elusive merchants is to break thru the gatekeeper and get the decision maker on the phone and you have 30 seconds to capture their attention.

( or strong Seo thru a professional or a strong inbound campaign again thru professionals ) ...****or teach them to be their own inbound or live transfer to themselves *****

But people get mad that I am saying it ....trying to kill the messenger. As if me not typing about it changes the situation.

[CraaaCraaa Radio]

Agreed. But while the Split funder will get paid back first, stacking the ACH advances puts stress on cash-flow and could force them out of business (defaulting in the Split funder).
L

I agree with you 100%
But that's when the good underwriting comes in from the Funders stacking with these ach offers to merchant

[johndough17]

I agree with you 100%
But that's when the good underwriting comes in from the Funders stacking with these ach offers to merchant

I would like to add that most deals I have with EBF, their approvals are literally 30% then all my other funders, to the point that after I fund I know no one else is gonna stack that. Not sure if they do it on purpose or not but Everest and quarterspot make it sort of impossible to stack on them (especially qspot 200% of rev approvals)

[fundyoutoo]

Although it is a strict policy of ours not to stack. additionally every month we have performing merchants that stack on us and we decline them for renewal.

In short stacking is bad business you'll hurt your merchants and the funders you stack on.[/QUOTE]

Yet you are named capital stack lol

[CraaaCraaa Radio]

Although it is a strict policy of ours not to stack. additionally every month we have performing merchants that stack on us and we decline them for renewal.

In short stacking is bad business you'll hurt your merchants and the funders you stack on.

Yet you are named capital stack lol[/QUOTE]


Very Hard to stop stacking, extremely hard!!
Unless you have control of your merchants!!! That takes a certain skill set & talent!!!




It doesnt matter what they saaaaaaaaaaaaaaayyyyyyyy!!!!!!!!!!!!!!!!!!!

[Mr. Amilli]

AA

[Karen37a]

Yet you are named capital stack lol

Capital Stack...omfg what a **** lender...stulman & rubin such scumbags

[/QUOTE]


Tell them all what you think about them....its the Holidays...purge your soul

[Mr. Amilli]

AA

[Karen37a]

Tell them all what you think about them....its the Holidays...purge your soul

Would you please do the world a favor & just drive your drunk ass off the skybridge...Thank you.

[/QUOTE]



I do not drink as you know. But you are what I said you are...just in hiding

[WestCoastFunding]

I would like to add that most deals I have with EBF, their approvals are literally 30% then all my other funders, to the point that after I fund I know no one else is gonna stack that. Not sure if they do it on purpose or not but Everest and quarterspot make it sort of impossible to stack on them (especially qspot 200% of rev approvals)

I don’t know, a lot of these D funders absolutely love stacking on EBF.

[Funder Mark]

I don’t know, a lot of these D funders absolutely love stacking on EBF.

Here is a better idea, instead of people sending their deals to a D funder to stack Everest, send them to me at Fundkite to get consolidated, and make even more money!!!

Sign up at: https://fundkite.com/iso5

[WestCoastFunding]

Here is a better idea, instead of people sending their deals to a D funder to stack Everest, send them to me at Fundkite to get consolidated, and make even more money!!!

Sign up at: https://fundkite.com/iso5

Wait, you’re not at Wall anymore?

[MidnightAdvance]

What happened at wall?

[Funder Mark]

Wait, you’re not at Wall anymore?

Yup. It was a profitable and educational few years, but the time had come to move on. I am seeing some very solid offers here, have one reverse consolidation we should be funding this week, merchants daily payments are dropping in half, another full consolidation paying off 2 positions, and a very large 1st, if we can fund it will be the biggest deal I have ever funded, $520k, 1.28 buy rate over 10 months.

[abfunders]

If only Fundkite would do California!

Does anyone else buy out 2nd positions like they do?

[J.Celifarco]

Yup. It was a profitable and educational few years, but the time had come to move on. I am seeing some very solid offers here, have one reverse consolidation we should be funding this week, merchants daily payments are dropping in half, another full consolidation paying off 2 positions, and a very large 1st, if we can fund it will be the biggest deal I have ever funded, $520k, 1.28 buy rate over 10 months.

Congrats on the move. Hope it works out well for you

[Funder Mark]

If only Fundkite would do California!

Does anyone else buy out 2nd positions like they do?

Thats on the to-do list for 2018.

[J.Celifarco]

gotta say reading this thread looks like i missed a fun day on here today

[Funder Mark]

gotta say reading this thread looks like i missed a fun day on here today

I took November and half of December off the site, nothing much has changed, same people fighting with the same people, same people saying "Send it to me, never mind the fact I cannot do what you are asking for", new allegations of backdooring, same old, same old, not much changed.

[HDF]

Yup. It was a profitable and educational few years, but the time had come to move on. I am seeing some very solid offers here, have one reverse consolidation we should be funding this week, merchants daily payments are dropping in half, another full consolidation paying off 2 positions, and a very large 1st, if we can fund it will be the biggest deal I have ever funded, $520k, 1.28 buy rate over 10 months.

Endorsed^