Results 151 to 158 of 158
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01-18-2017, 05:27 PM #151
then why has he never had a 36 month offer when my brother does a fraction of that volume with them and has done a few of them.. I doubt in all that volume he did not have any that would qualify for the 36 month programs. So what other assumption is there to be made other then whoever he was working with was not getting him the best deals possible?
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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01-18-2017, 05:30 PM #152
- Join Date
- Jan 2017
- Posts
- 116
What "Very Good Job" has his rep done in since December 1, 2016?
For a Third Time
Since December 1, 2016, what have you done with your CAN accounts > 50% remitted?
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01-18-2017, 05:56 PM #153
- Join Date
- Jun 2015
- Posts
- 3,325
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01-18-2017, 06:04 PM #154
Its like that at all the banks. It is why connections are so important. There are people who send deals to me because I get better treatment at a bank that they are signed up direct with. The opposite is also true I have tried banks and stopped sending them deals thinking they are awful while people I know and respect at other companies think they are the absolute best.. Depends on the relationship you have with that particular bank. If anyone on here thinks that banks treat all ISO's the same they are crazy, obviously this was the case at CAN
Last edited by J.Celifarco; 01-18-2017 at 06:07 PM.
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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01-19-2017, 10:00 AM #155
- Join Date
- Oct 2016
- Posts
- 4,318
Speaking of 36 month terms at CAN, I had a merchant come to me wanting a 2nd position behind CAN. When I looked at his statements I noticed he had been on reduced payments with CAN for months. His payment would revert to the original payment after a while, and then he would get another payment reduction a few days later. Long story short, when I did the math, at the current rate CAN was turning an 18 month term into a 36 month term through payment reduction. If this was wide spread (and I have no idea if it was, but this was a merchant that was failing, who was being rewarded with a de facto "prime" product) then I can understand why CAN is in this mess.
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01-19-2017, 10:34 AM #156
- Join Date
- Jul 2015
- Posts
- 1,202
Called kicking the CAN down the road...
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01-24-2017, 10:53 AM #157
- Join Date
- Nov 2016
- Posts
- 3
Is the auction over?
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01-24-2017, 11:06 AM #158
- Join Date
- Nov 2016
- Posts
- 3
Do you know if the auction is over?
If it isn't do you know where I could find out the details?
Thanks!
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