Can cap rumor mill and knights
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  1. #1
    Member Reputation points: 723 CHAMP3's Avatar
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    Can cap rumor mill and knights

    As far as I can see based on our partnership with CAN is that they are in trouble.

    https://www.glassdoor.com/Jobs/CAN-C...bs-E462009.htm

    http://debanked.com/2016/11/shakeup-...ve-of-absence/

    The conversations we have had with our reps or lack there of speaks volumes.

    Any new insight? Is Knights Cap falling inline as well?

  2. #2
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    my office announced 2 weeks ago that knight is done, i'm suprised no one announced it yet on here, from what i know knight canceled all iso agreements and isn't funding anymore, can any1 verify?

  3. #3
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    I heard from a source I consider very reliable they are cutting many ISO's from their books, and are revamping their underwriting guidelines.

  4. #4
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    We have been funding deals with Knight and though their communication is lack luster at best lately. They are still alive and kicking.

  5. #5
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    My CAN rep called me today and said everything's fine and they'll be taking new submissions starting January 1st. I think rumors of their demise have been greatly exaggerated. They're just cleaning house.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  6. #6
    Senior Member Reputation points: 8659
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    I was assigned a new rep from Knight yesterday who reached out.

  7. #7
    Senior Member Reputation points: 8723
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    Knight is trash..

    We've been submitting deals to them weekly. falling into a black hole. We finally asked what gives, asked if they were still in business, and Marty said they were having their best quarter yet (LOL)

    Knight can go pound salt...

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