View Poll Results: Is an ACH Advance on top of a Split-funding advance Okay?
- Voters
- 38. You may not vote on this poll
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Yes
6 15.79% -
No
21 55.26% -
Depends
11 28.95%
Results 76 to 95 of 95
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12-16-2017, 08:31 AM #76Karen37aGuest
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.Last edited by Karen37a; 12-16-2017 at 08:43 AM.
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12-16-2017, 11:30 AM #77Disclaimer
This message brought to you by:
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http://debanked.com/merchant-cash-ad...nce-directory/
World of MCA
E.V.P Business Development
___________________________
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."
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12-16-2017, 05:49 PM #78
- Join Date
- May 2017
- Posts
- 350
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)
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12-18-2017, 03:07 PM #79
- Join Date
- Oct 2017
- Posts
- 22
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
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12-18-2017, 03:23 PM #80Disclaimer
This message brought to you by:
CraaaCraaa Radio ®
http://debanked.com/merchant-cash-ad...nce-directory/
World of MCA
E.V.P Business Development
___________________________
"Success is a lousy teacher. It seduces smart people into thinking they can't lose."
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12-18-2017, 04:26 PM #81
- Join Date
- May 2017
- Posts
- 22
AA
Last edited by Mr. Amilli; 12-19-2017 at 02:07 PM.
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12-18-2017, 04:54 PM #82Karen37aGuest
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12-18-2017, 05:04 PM #83
- Join Date
- May 2017
- Posts
- 22
AA
Last edited by Mr. Amilli; 12-19-2017 at 02:11 PM.
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12-18-2017, 05:10 PM #84Karen37aGuest
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12-18-2017, 05:38 PM #85
- Join Date
- Oct 2016
- Posts
- 4,318
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12-18-2017, 05:51 PM #86
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
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12-18-2017, 06:01 PM #87
- Join Date
- Oct 2016
- Posts
- 4,318
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12-18-2017, 06:05 PM #88
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
What happened at wall?
High risk paper
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12-18-2017, 06:08 PM #89
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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12-18-2017, 06:17 PM #90
- Join Date
- Feb 2017
- Posts
- 3,463
If only Fundkite would do California!
Does anyone else buy out 2nd positions like they do?
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12-18-2017, 06:21 PM #91John 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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12-18-2017, 06:28 PM #92
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12-18-2017, 06:30 PM #93
gotta say reading this thread looks like i missed a fun day on here today
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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12-18-2017, 08:24 PM #94
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.
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12-18-2017, 09:50 PM #95
- Join Date
- Jul 2015
- Posts
- 1,202