Thursday Humor
Need a Funder or Vendor? START HERE

Results 1 to 12 of 12
  1. #1
    Senior Member Reputation points: 158630
    Join Date
    Jul 2015
    Posts
    1,202

    Thursday Humor

    Finally get all stips in. You call and call and call. Final underwriting gets back to you at 6pm



  2. #2
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,325

    hahaha so true

  3. #3
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Agree, been there too many times to count

  4. #4
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    The wire will go out tomorrow before lunch. Maybe.
    Anthony Diamond
    Underwriter

  5. #5
    Veteran Reputation points: 159120 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    My personal favorite is "HEADING TO FINAL REVIEW" You just had someone pick the file apart for 2 days do references and a merchant interview. In a normal world final review after all of that should be under 10 minutes probably closer to 5, in reality 5 hours later you get a list of stips that never came up at all in the original underwriting.
    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

  6. #6
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Swift just messed me over 3 weeks ago, on something they had from the beginning.

  7. #7
    Senior Member Reputation points: 118256 ridextreme's Avatar
    Join Date
    Dec 2014
    Posts
    1,119

    "the wire will be going out later today"

    "ok thanks. I'll let him know"

    two days later:

    "Can I get a tracking number for that wire? It never showed up".

    "Oh, sorry but they killed that one. Something came up in funding".

    moral of the story: it doesn't fund until the money shows up in the account.

  8. #8
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    908

    Wow. That was funny! We should make Thursday Humor a weekly thing. Tooo funny!

  9. #9
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by Funder Mark View Post
    Swift just messed me over 3 weeks ago, on something they had from the beginning.
    Wow, sounds like they've really sped up the process over there lol

  10. #10
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Shouldn't have written 'just', it was 3 weeks ago, Swift dropped the ball on me, and I got PISSED!!

  11. #11
    Senior Member Reputation points: 5034 AlexSMF's Avatar
    Join Date
    Jan 2015
    Posts
    286

    Quote Originally Posted by Funder Mark View Post
    Swift just messed me over 3 weeks ago, on something they had from the beginning.
    LOL. That is pretty quick for them. You should be thankful they even replied.

  12. #12
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Quote Originally Posted by AlexSMF View Post
    LOL. That is pretty quick for them. You should be thankful they even replied.
    Actually not so true. They did take 3 days to make an offer on that deal, full honesty was a VERY high risk industry, the delay was supposedly because of some kind of training, but last night we sent them a deal, this morning got an offer.

Similar Threads

  1. Stop By on Thursday & Visit Your New Home
    By 800fund.com in forum Help Wanted
    Replies: 0
    Last Post: 05-25-2016, 12:33 PM
  2. Open House Thursday (5/26/2016)--You're Invited!
    By 800fund.com in forum Help Wanted
    Replies: 3
    Last Post: 05-24-2016, 12:54 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY