Knight Is Backdooring
Need a Funder or Vendor? START HERE

Results 1 to 25 of 45

Hybrid View

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

    Quote Originally Posted by WestCoastFunding View Post
    So is there a list of funders that don't backdoor?
    Pearl Capital is one of the last remaining strictly ISO-based Funding companies in the industry
    No sales entity, no backdooring

    Strong B Paper Funder going out to 12 months on qualifying 1st position/ 10 months on 2nd's

    PM me if you're not signed up and are looking to not have your deals stolen
    Last edited by NoBigDeal; 07-10-2018 at 12:34 PM.

  2. #2
    Senior Member Reputation points: 18447
    Join Date
    May 2017
    Posts
    170

    Quote Originally Posted by NoBigDeal View Post
    Pearl Capital is one of the last remaining strictly ISO-based Funding companies in the industry
    No sales entity, no backdooring

    Strong B Paper Funder going out to 12 months on qualifying 1st position/ 10 months on 2nd's

    PM me if you're not signed up and are looking to not have your deals stolen
    Doesn’t pearl own Skybridge Funding? You don’t direct market via that entity?

  3. #3
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by Jess View Post
    Doesn’t pearl own Skybridge Funding? You don’t direct market via that entity?
    Direct market to merchants, yes.
    Funnel ISO business (even after our 7 day of ISO approval exclusivity) to that entity, no

    Pearl/Skybridge tried the direct marketing route but found it to be much too costly and not worth it. Don't even think they're still doing it. I can find out with certainty if you'd like?

    Regardless, I stand by my statement about Pearl being of the few ISO-only shops

  4. #4
    Senior Member Reputation points: 18447
    Join Date
    May 2017
    Posts
    170

    Got a skybridge ad on Facebook a couple of weeks ago.

  5. #5
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by Jess View Post
    Got a skybridge ad on Facebook a couple of weeks ago.
    Cool Jess, you caught me

  6. #6
    Quote Originally Posted by Jess View Post
    Got a skybridge ad on Facebook a couple of weeks ago.
    Skybridge is a micro-MCA product with automated offers focused on smaller businesses (think Vader). Still no direct sales team and no intention of marketing to your clients.

  7. #7
    Senior Member Reputation points: 18447
    Join Date
    May 2017
    Posts
    170

    Quote Originally Posted by JK@PEARL View Post
    Skybridge is a micro-MCA product with automated offers focused on smaller businesses (think Vader). Still no direct sales team and no intention of marketing to your clients.
    Got it-so since you are marketing on Facebook. What do you do with the leads for businesses that require $15k+?

  8. #8
    We are targeting smaller businesses, so that doesn't happen much.

Similar Threads

  1. Backdooring Prevention
    By Funder Mark in forum Merchant Cash Advance
    Replies: 29
    Last Post: 04-25-2017, 05:28 PM
  2. Fincom Capital is backdooring with a lender...
    By McoupeBobby in forum Merchant Cash Advance
    Replies: 35
    Last Post: 10-06-2016, 09:35 AM
  3. Deals blowing out/Backdooring
    By Karen37a in forum Merchant Cash Advance
    Replies: 2
    Last Post: 07-23-2016, 12:32 PM
  4. lenders backdooring deals
    By Paperchaser in forum Deal Bin
    Replies: 2
    Last Post: 03-23-2015, 10:30 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY