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07-14-2016, 12:45 PM #26
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07-14-2016, 12:51 PM #27
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- Dec 2013
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Heather hats off to both, i respect anyone darting capital at merchants, I only peeped up because Carl spoke out against Short high factor rates and wanted to know if what i saw was correct (listen i see fake bank statements ALL the time time and perhaps someone evil looking to harm Carl and his reputation as an outspoken individual of subprime Funding showed me a FAKE1.44 under 115 days with an origination fee and a fixed daily re-payment)...
Last edited by mcaguru; 07-14-2016 at 12:59 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-14-2016, 12:59 PM #28
- Join Date
- Sep 2012
- Location
- Gainesville Florida
- Posts
- 168
Here is what we do that is different
We do allow for early payment discount- should the client not default on their agreement
We have tier structured funding- based on tier we require paybacks up to 85% ... this will be Refinanced
We have a product called Flex Funds for clients - that after 3 weeks of successful payments they can add on up to 30% of initial funding- with no change in payment remit ( % or daily remit
We do weekly adjustments for our daily remits (allows the clients to have fluctuation in cash flow without risking NSF issues)
We do not charge fees of any kind (outside the cost of funds)
We do not file COJ
We do not Pull credit
We have clients that are under renewals with us that are on 8 month terms at 1.32 factor rates. So we do work the clients out of the trap... I actually wrote a letter of recommendation for a merchant so that BFS would consider him for funding and that he could be eligible for the longer terms and lower rates that they provide.
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07-14-2016, 01:02 PM #29
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- Jul 2015
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07-14-2016, 01:03 PM #30
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- Dec 2013
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Last edited by mcaguru; 07-14-2016 at 01:11 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-14-2016, 01:21 PM #31
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- Jul 2015
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07-14-2016, 01:24 PM #32
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- Dec 2013
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917 521 652 8
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-14-2016, 01:30 PM #33
- Join Date
- Apr 2016
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- 49
(Simple yes/no question not needing an essay)
Did "mcaguru" send the contract or not?
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07-14-2016, 01:48 PM #34
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- Dec 2013
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- 4,713
Carl himself came out saying he did a few that fit my description.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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07-14-2016, 01:58 PM #35
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- Jun 2015
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07-14-2016, 02:10 PM #36
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- Apr 2016
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07-15-2016, 08:36 AM #37
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- Jul 2016
- Posts
- 1
I thought this thread was originally about a RCG going behind 3 ISO's back and contacting the merchant they when they submitted the contract. Then funding said merchant and not paying the ISO's any of the commission. Hmmm disappearing threads on a moderate forum.
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