Is stacking an ACH advance on a split-funding advance okay?
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View Poll Results: Is an ACH Advance on top of a Split-funding advance Okay?

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  • Yes

    6 15.79%
  • No

    21 55.26%
  • Depends

    11 28.95%
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  1. #1
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    Quote Originally Posted by CraaaCraaa Radio View Post
    Not a big deal at all. Take all the ach's you want and stack. On the cc split or lock box that funder always and I mean always gets the repayment first. Than afterwards the ach repayments will collect!!!
    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

  2. #2
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    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
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  3. #3
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    Quote Originally Posted by CraaaCraaa Radio View Post
    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)

  4. #4
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    Quote Originally Posted by johndough17 View Post
    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.

  5. #5
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    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

  6. #6
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    Quote Originally Posted by Funder Mark View Post
    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?

  7. #7
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    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.



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