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08-15-2016, 01:11 PM #1
- Join Date
- Aug 2016
- Posts
- 14
Merchant is Legal Consulting
Merchant has a 665 credit score , no judgement, 50k monthly deposits. Good daily balances.
Funder doesn't want to proceed without login. Merchant does not want to expose login , but happy to work through their bank, wells fargo.
Can a direct lender , please let me know if they can help. Please PM me.
Those responding in this post , please advise me as who to turn to.Last edited by ISO Relations Specialist; 08-16-2016 at 01:30 PM.
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08-15-2016, 01:18 PM #2
- Join Date
- Jun 2015
- Posts
- 3,326
turn to the desk next to you . seriously you work at probably the biggest iso in our industry .
chambo , help the kid out
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08-15-2016, 01:21 PM #3John 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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08-15-2016, 01:54 PM #4
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- Aug 2016
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- 14
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08-16-2016, 12:01 PM #5
I think you're doing it right, Jake.
I'm certain that Mr. Stern would admire your creativity, ingenuity, and resourcefulness in finding the most useful information available in the most efficient fashion possible. That would of course be an internet forum, devoted to the topic at hand, and heavily trafficked by industry experts and veritable MCA heavyweights...
Good job Jake, keep it up.Aaron McCarthy | Senior Account Executive
352 Sonwil Drive | Buffalo, NY 14215
Direct Funder up to $150k
A,B,C&D Paper
Direct (516) 209.2159
Mobile (716) 348.1660
Fax (888) 848.0109
www.fundingmerchantsource.com
A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003
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08-17-2016, 12:11 AM #6
- Join Date
- Aug 2016
- Posts
- 14
Thanks Aaron - It's nice to see someone with business sense join the party.
When some people start making money (for their first time) they quickly assume that they are the Warren Buffets of our time... Well, once regulation kicks in I would bet half the hot shots on this thread who have been "so welcoming" will start to realize the financial district, as they once knew it no longer exists. Heads will be scratched and many will be confused.
Thats when the real opportunities begin.
Hotshots out there - Pennies come and go Penny wise pound foolish. I'm in it for the long haul.
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08-17-2016, 09:49 AM #7
We'll see what happens with regard to industry regulation. If we're "lucky", we'll get a Trump presidency, and we'll have at least another 4 years to self-regulate. I'm pretty embattled right now, looking at what I feel to be two very, very bad choices for our next Commander-in-Chief, both for very different reasons. But I can at least appreciate what Trump would do for our industry, which is "Leave it the hell alone"...
We are just now in the stage of maturing and sorting the wheat from the chaff. The entities still in the game who are unable to properly self-regulate will surely fall by the wayside as the bigger players in the industry fall into lockstep with regard to best practice in MCA underwriting and funding. Obviously, those of us operating as direct lenders have a distinct advantage here, as the non-syndicating ISO/Broker space is going to be the first to suffer from burdensome industry regulation due to a number of factors, including the inability to capitalize on origination and servicing which drives direct lender's profits.
There are more than a few smart cookies on here, but the true Oracles are few and far between, and can likely be counted on one hand. Folks like Amanda, Chambo, Isaac, Bob, Dan, and a few others. (Sorry if I missed you, but you all know who you are.)
With all that having been said, it's too early to worry about regulation, especially on a Federal level. It will be done first at the state level, as has been done in CA, as they are attempting in IL, NY and a few other states. It will take a long time before we see any meaningful change at a Federal level which impacts us all equally. Just as many funders now cannot/will not fund in CA due to the CFLL, there may be a few more states no one will touch due to the same sorts of unnecessarily restrictive legislation... Only time will tell.
Anyway, you're in the right place for info Jake, so don't be afraid to ask. You may get a derisive, snide comment here or there, but the guys and gals that can truly help you out are far, far too busy to waste time with such juvenile shenanigans. Unless it's really, really funny...
Just my two cents...Aaron McCarthy | Senior Account Executive
352 Sonwil Drive | Buffalo, NY 14215
Direct Funder up to $150k
A,B,C&D Paper
Direct (516) 209.2159
Mobile (716) 348.1660
Fax (888) 848.0109
www.fundingmerchantsource.com
A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003
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08-15-2016, 01:21 PM #8
- Join Date
- Jul 2015
- Posts
- 1,202
Must be a new hire. Bounced over from 800FUND. Some teamwork and training in the Yellow lion's den.
Last edited by HDF; 08-15-2016 at 01:25 PM.
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08-15-2016, 01:35 PM #9
Hey, if YC wants to start sending us all deals, who are we to criticize?
So much lol here...
With all that having been said, we can fund with a DecisionLogic. Just don't tell George C...Aaron McCarthy | Senior Account Executive
352 Sonwil Drive | Buffalo, NY 14215
Direct Funder up to $150k
A,B,C&D Paper
Direct (516) 209.2159
Mobile (716) 348.1660
Fax (888) 848.0109
www.fundingmerchantsource.com
A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003
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08-15-2016, 01:46 PM #10
- Join Date
- Aug 2016
- Posts
- 14
Gotta learn this space somehow
Last edited by ISO Relations Specialist; 08-16-2016 at 01:31 PM.
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08-15-2016, 01:52 PM #11
- Join Date
- Jul 2015
- Posts
- 1,202
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08-15-2016, 03:01 PM #12
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08-15-2016, 03:02 PM #13
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08-15-2016, 08:53 PM #14
- Join Date
- Aug 2016
- Posts
- 14
Thank You Chambo.
Last edited by ISO Relations Specialist; 08-16-2016 at 01:31 PM.
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08-16-2016, 11:52 AM #15
- Join Date
- Dec 2013
- Posts
- 4,713
Jake keep it up ! go with your gutts how to conduct yourself business-wise.
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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