Results 26 to 50 of 51
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05-16-2017, 05:05 PM #26
guys be sure what you say before you post it. Could we not be a bunch of gossips. If you post something know that it is true. Marcus dont you got something better do like fund deals rather then stir up sh*t
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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05-16-2017, 05:16 PM #27
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-16-2017, 05:18 PM #28
--
Last edited by Zach; 05-16-2017 at 06:28 PM.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-16-2017, 05:23 PM #29
- Join Date
- Dec 2013
- Posts
- 4,713
zacccccccchhhh!! (whats true ? )...
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-16-2017, 05:24 PM #30
- 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
POWERUP especially Charlie Mayo is just a rip off backdooring company. I heard they lost close to 28 mill in renewals and had over 35% in defaults this year. Just a moment in time before they become a Can/Dealstruck but with less credibility. GArbage, Garbage co.
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05-16-2017, 05:29 PM #31Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-16-2017, 05:49 PM #32
- Join Date
- Apr 2014
- Posts
- 781
Agreed on powerup..lots of back door deals.
Last edited by golf2014; 05-17-2017 at 10:17 AM.
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05-16-2017, 06:11 PM #33
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05-16-2017, 06:16 PM #34Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-17-2017, 01:43 AM #35
- Join Date
- Oct 2016
- Posts
- 4,318
Yep. Merchant came to me specifically looking to take advantage of the Powerup buyout offer. I looked at his banks and they were solid. Seemed like the type of merchant most funders would do anything to keep. So when they're offering quality files 30% discount, somethings up.
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05-17-2017, 07:55 AM #36
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
And I'm noticing nowadays that funders are quick to provide payoff letters. Not too long ago, getting a payoff letter was like trying to break into Fort Knox. Nowadays, everyone is just looking to get PAID!
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05-17-2017, 09:55 AM #37
- Join Date
- Jun 2015
- Posts
- 3,325
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05-17-2017, 09:56 AM #38
- Join Date
- Oct 2016
- Posts
- 4,318
With the way stacking is going, no one wants to be in the 1st position. They want to get in, and get out before the business starts defaulting. Been getting responses from funders that they aren't comfortable funding a specific file in 1st position, but would gladly do a 2nd once a 1st is in-place from another funder.
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05-17-2017, 10:50 AM #39
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-17-2017, 10:51 AM #40
- Join Date
- Dec 2013
- Posts
- 4,713
We love first position deals....
I think from the above comments its clear the saying applies in High Risk FUNDING ...first came the innovators then the imitators and then came the idiot (unlike other industries were you can practice on a prototype with mca beta testing can be extremely costly and put you under pretty quickly)..Not knocking those that are getting into High Risk but like they say at the circus DO NOT TRY THIS AT HOME......I get calls all the time from newer HIGH RISK guys in a panic holding the handle of the bag trying to figure what happened to the rest of the bag.Last edited by mcaguru; 05-17-2017 at 11:01 AM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-17-2017, 11:07 AM #41
- Join Date
- Mar 2016
- Posts
- 657
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05-17-2017, 11:10 AM #42
- Join Date
- Mar 2016
- Posts
- 657
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05-17-2017, 11:24 AM #43
- Join Date
- Oct 2014
- Posts
- 260
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05-17-2017, 11:25 AM #44
- Join Date
- Jun 2015
- Posts
- 3,325
no but they need to get smarter. The merchant was getting a consolidation to pay off 5 loans . Lenders should be taking the money and running. Instead lender wanted full pay back since it was not coming from merchant. When the situation was explained to them they hit him up with a stacking fee .
end of story he said f.. it and now has a judgement on him.
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05-17-2017, 11:44 AM #45
- Join Date
- Oct 2016
- Posts
- 4,318
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05-17-2017, 11:45 AM #46Karen37aGuest
sales 101. When someone asks you a question ask one right back. you either gain control of the conversation or they go silent, they usually dont just breathe on you on the phone or stare in real life. If they do, do not speak
move towards the "yes".
since you brought up the topic what have you heard?? ( I am not sure I am just posing a question)
Why would you pose a question without having a rhyme or reason to it? ( I thought it might make for interesting conversation)
So in other words you are bored or fishing? ( yes )
Exactly my point. Pick up 1000 shares you will be glad you did. (<< this is me being sarcastic I am not a stockbroker or investment advisor).Great so what time would you like me to come by where you and your husband can be there together ... I mean.......... Great so send the documents, I have your email at ThisisGroundhogday.com ( I forgot what product I was selling because its all the same )
Top down sales script 5 questions to the yes in mcaLast edited by Karen37a; 05-17-2017 at 12:37 PM.
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05-17-2017, 11:46 AM #47
- Join Date
- Oct 2016
- Posts
- 4,318
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05-17-2017, 12:09 PM #48
- Join Date
- Sep 2013
- Posts
- 8
BizFi?
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05-17-2017, 12:22 PM #49
Power Up
They're mainly in the market now of publicly traded penny stock companies.
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05-17-2017, 12:43 PM #50
- Join Date
- Mar 2016
- Posts
- 657
That situation really sucks for the merchant. I'm definitely with you on that. IMO, the funder shouldn't charge the additional stacking fee, especially if they're getting paid off (but it's not my contract that the merchant signed), however, I don't believe the funder should have to honor a pre-pay discount to a merchant who's looking to get "bailed out" by another funder
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