Knight Capital
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  1. #1
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by stat View Post
    Dave are you indeed a direct funder? this is what i see on your website:

    "WHY ML Factors?

    We have some of the most experienced small-business funders on our team."


    please explain...
    ML Factor is definitely a Funder

  2. #2
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    Quote Originally Posted by NoBigDeal View Post
    ML Factor is definitely a Funder
    Yes, but ML Factors are a bunch of crooks. Every deal I sub to them gets backdoored or resubmitted to YSC. Tread carefully. I'd only submit if you're 100% going to close with them. Then cross your fingers you make those points you agreed to with him.

    I feel like every approval we have had from him, on 2nd-3rd positions, we're syndicated. His own approvals on 2nd-3rd's were ridiculously priced with high fees. They're only good if you're putting a merchant out of business with that final 5th-7th position. That's ML Factors' real sweet spot.

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