[LENDORA]

First off, I want to apologize, not to you, but the rest of the community for the late reply. Our account was not activated, and we could not reply to your message until today. We had a long conversation on the phone, and it seems you like to pick and choose bits of information in order to make them work to support your claims... If the MCA space doesn't work out for you, you can do well in the news media field. I explained to you very clearly that this was not a file submitted to us but rather a lead that was purchased. The agent that received this lead is trying to convince you to move forward with Lendora in that conversation you posted. Not one broker over here can tell me they would not do the same in order to convince a merchant to move forward with them rather than the other guy. This is the nature of the business. Everybody buys leads, those tend to be recycled, resold numerous times to different agents/ISOs and many agents in the field tend to cross each other while submitting or calling merchants. You asked me to release my lead broker information to you and if I didn't do so, you would "bash us" and try to affect our business by posting negative threads on daily funder... I said it to you once and I will say it again, I do not respond to threats. If there was any chance possible to back track the source of your lead, I might consider disclosing my lead broker, but you know very well that this is an impossible task. You are bitter because you evidently have a leak with the funders you work with. Let me make it very clear to this community, the man posting this thread is NOT an ISO with Lendora. I don't even know his real name; he would not identify himself nor disclose his company name. You claim to be a funder and broker... however syndicating a few thousand dollars here and there or getting a white label does not make you a funder. Why might you ask? Because a funder would not waste their time trying to find such a leak. That's what I explained to you. This is the space we navigate, unfortunately, and there are good and bad and that's that. You can try bashing us all you want and try and pin us as the bad guy, but the reality of the matter is that we are not the culprit. We purchased leads like everybody else in the industry does and it happened that your clients were in there. Think about it, why would an agent call your client two weeks after you submitted them to your funders (time frames you provided me)? If I was backdooring you, wouldn't I call your merchant immediately so I can fund him before anyone else does? How can I backdoor your company if you are not an ISO with us? I don't even know your real name or your company name... You are angry and upset and I understand where your frustration stems from however you are pointing the finger in the wrong direction. You need to reassess the way you do business. Out of the 3 funders you work with (information you provided me) one of them or maybe all of them is leaking your info. Maybe they are doing so knowingly or maybe someone at their underwriting department is making some extra $ on the side selling that info to lead brokers. One way or another you and Lendora do not have a relationship, those files were never sent to us, and we never tried to backdoor you. The ISO's we have relationships with know very well that we would never try to pull something off like that. We cherish our ISO's business too much to jeopardize it and our reputation, for a few dollars. Not to say that there aren't funders out there that do that, but Lendora's practices and vision of business are definitely not in line with those kinds of malpractices.
FYI you said it yourself on our call... "it is true that Sheri did not have the application and supporting documents since she was requesting them...". A lead was purchased, and a lead was called. Our agent did her best to get the business. From your words " Lendora was collateral damage". I told you all of that over the phone and frankly not interested in wasting any more time on this. I do want the rest of this community to know what was said and what the situation really is, not just your twisted, angry version of it.

I am wishing you again all the best in your future business and hope you get to find your "leak" but if I can give you a little piece of advice, don't waste too much time on it you are not the first that have tried and won't be the last jumping into that rabbit hole. Concentrate your efforts on your future business and finding funders that cherish your business and that you can trust without a doubt that they would never backdoor you.

[mcaindustryveteran]

Very eloquently written. But facts are facts.