Results 1 to 6 of 6
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08-15-2016, 05:43 PM #1
Reputation points: 5023
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Who would compete against swift in Cali??
Hey, just got beat by Swift on a 200k account. longer term too. Who would compete? Can already lost out, most of the majors...A paper on a Cali acct (gas station).
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08-15-2016, 05:44 PM #2
California I would say Bizfi/MCC or Ondeck but gas station makes it difficult. I think ondeck will still look at gas stations but restricted at bizfi. Hope that helps
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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08-15-2016, 06:18 PM #3
Reputation points: 5023
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Ondeck only offered 75K, same with most. Awaiting Rapid Advance. Got shorter term 150K offers but Swift beat me up.
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08-15-2016, 06:24 PM #4
certain banks cant be beat on certain industries. It seams like Swift likes gas stations, now you know next time oyu get one send it there and you will get a great offer. Sucks on this deal but will hopefully payoff in the future on the next one
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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08-15-2016, 06:36 PM #5
Reputation points: 5023
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Don't like Swift, no service so never bother.
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08-16-2016, 09:53 AM #6
Reputation points: 2363
- Join Date
- Jun 2014
- Posts
- 89
Make sure to remain in touch with your client even if they decide to go with Swift. We have had clients who were completely fooled by their direct mail pieces and sales dept. They are VERY VERY aggressive mailers and I have seen seasoned business owners think they have an "offer" or are "already qualified" for certain terms when really all they have is an automatically generated marketing piece or a sales pitch without underwriting review. Not making a moral argument one way or the other here, just saying stay in touch with your client. Hey, ya never know.
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