Worst Deal
Need a Funder or Vendor? START HERE

Results 1 to 25 of 28

Hybrid View

  1. #1
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,366

    spoke with a merchant once was being offered 5k @ 1.45 from another broker and being charged $1500. When I spoke to her she said she did that deal with him every 3 months because it was no paperwork involved.. smh

  2. #2
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
    Posts
    657

    Quote Originally Posted by Sachip24 View Post
    spoke with a merchant once was being offered 5k @ 1.45 from another broker and being charged $1500. When I spoke to her she said she did that deal with him every 3 months because it was no paperwork involved.. smh
    Same merchant funded 4 times @ a 1.65 over 40 payments- and then on the 3rd time of funding, it went to 66 payments

  3. #3
    Senior Member Reputation points: 4807
    Join Date
    Sep 2012
    Posts
    199

    How about rewards network? Weren't their standard deals between 1.75 - 2.0? Are they even still funding anymore? I haven't seen a balance from them in years but they were really common 5-6 years ago.

Similar Threads

  1. Worst clients/Merchants ( Just to laugh )
    By Karen37a in forum Everything else
    Replies: 3
    Last Post: 08-29-2016, 02:29 PM
  2. MCA Worst Practices
    By Finance1 in forum Merchant Cash Advance
    Replies: 21
    Last Post: 05-27-2015, 11:23 PM
  3. best and worst sales pitches
    By Paperchaser in forum Merchant Cash Advance
    Replies: 23
    Last Post: 03-16-2015, 05:35 PM
  4. worst funders
    By Paperchaser in forum Merchant Cash Advance
    Replies: 6
    Last Post: 11-06-2014, 06:33 AM
  5. Worst Funders?
    By michaelh in forum Merchant Cash Advance
    Replies: 31
    Last Post: 10-08-2014, 06:32 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

Charlotte launches biz loan marketplace
Fora hits origination milestone
Maxim promotes F. Rodriguez


DIRECTORY