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  1. #1
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    anyone have a contact at BFS to discuss?

  2. #2
    Karen37a
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    Quote Originally Posted by fundingsmbs View Post
    anyone have a contact at BFS to discuss?
    There were 2 Super Isos/ Syndicators ( funding 3-5 million a month independently)

    They were bought out by BFS thru a "stock swap" and compensation plan. They ran independently of BFS. I was out of one of the offices.

    Once they were bought out they choose to do whatever it is with the merchants the sales force splintered in Tampa, some stayed behind. Enter Karen stage right.

    ( and I left my small book of business behind, I was only there for a short time...they* a few brokers * were yelling my name across sales floors for 3 years..strangers know me. They are somewhere else watching this and yelling my name. )

    My guess is the 1st company looked at it and it went to final underwriting and they pulled the credit again.

    Call BFS
    Last edited by Karen37a; 11-13-2018 at 11:59 AM.

  3. #3
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    Quote Originally Posted by Karen37a View Post
    There were 2 Super Isos/ Syndicators ( funding 3-5 million a month independently)
    You think BFS does $3-5 mill a month? You might be a little off. Link below says $300 mill in 2016

    https://debanked.com/2017/03/the-top...nders-of-2016/

  4. #4
    Karen37a
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    Quote Originally Posted by Nunya View Post
    You think BFS does $3-5 mill a month? You might be a little off. Link below says $300 mill in 2016

    https://debanked.com/2017/03/the-top...nders-of-2016/
    I said the 2 companies....super isos they bought out ...not bfs in its entirety

    and they might have maxed at 7 million a month on a good month...reach for 10

    I am guessing.. ( it was a paper only)

  5. #5
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    Quote Originally Posted by Karen37a View Post
    I said the 2 companies....super isos they bought out ...not bfs in its entirety
    Gotcha

  6. #6
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Karen37a View Post
    There were 2 Super Isos/ Syndicators ( funding 3-5 million a month independently)

    They were bought out by BFS thru a "stock swap" and compensation plan. They ran independently of BFS. I was out of one of the offices.

    Once they were bought out they choose to do whatever it is with the merchants the sales force splintered in Tampa, some stayed behind. Enter Karen stage right.

    ( and I left my small book of business behind, I was only there for a short time...they* a few brokers * were yelling my name across sales floors for 3 years..strangers know me. They are somewhere else watching this and yelling my name. )

    My guess is the 1st company looked at it and it went to final underwriting and they pulled the credit again.

    Call BFS
    BFS and GRP are 2 lenders who have been in the space for a long time. You are way off on this one. Both of these companies have been in the space since MCA's were only split deals off of credit card processing
    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

  7. #7
    Karen37a
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    Quote Originally Posted by J.Celifarco View Post
    BFS and GRP are 2 lenders who have been in the space for a long time. You are way off on this one. Both of these companies have been in the space since MCA's were only split deals off of credit card processing
    Had to remove you from the block ( I can still see the comments when not logged in..blocking is not that effective)

    Do me a favor. You have no clue as to what you are speaking about. I know exactly how the deals went down and the lawsuits. I am from wall st and I boogied out of there way before **** or lawsuits hit the fan. And I warned people

    I am not commenting on them further. Think what you will

  8. #8
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Karen37a View Post
    Had to remove you from the block ( I can still see the comments when not logged in..blocking is not that effective)

    Do me a favor. You have no clue as to what you are speaking about. I know exactly how the deals went down and the lawsuits. I am from wall st and I boogied out of there way before **** or lawsuits hit the fan. And I warned people

    I am not commenting on them further. Think what you will
    what does that have to do with you saying they are super ISO's. I know both companies and have worked with them both on and off for over 10 years. I didn't talk about the lawsuit I said they are lenders which is true
    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

  9. #9
    Karen37a
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    Quote Originally Posted by J.Celifarco View Post
    what does that have to do with you saying they are super ISO's. I know both companies and have worked with them both on and off for over 10 years. I didn't talk about the lawsuit I said they are lenders which is true
    one was going off the can platform and bfs ...dropped can and only bfs ( then my association to them terminated.. BEFORE the lawsuit)

    The other bfs and brokered out to a few funders

    I am not going to explain it to you. There were a few lawsuits years after. Good thing I see things in 2 days flat


    They are all BFS Now....do no think the hatred of me came out of nowhere ...think what you will ...back to iggy for you

  10. #10
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by J.Celifarco View Post
    BFS and GRP are 2 lenders who have been in the space for a long time. You are way off on this one. Both of these companies have been in the space since MCA's were only split deals off of credit card processing
    BFS bought GRP (GRP was sending their files for UWing to BFS for a bit prior to the official buyout anyway).

    GBR, or Greystone, or whatever...I believe they closed down that operation

  11. #11
    Karen37a
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    Quote Originally Posted by Chambo View Post
    BFS bought GRP (GRP was sending their files for UWing to BFS for a bit prior to the official buyout anyway).

    GBR, or Greystone, or whatever...I believe they closed down that operation
    Grp was using Can and then BFS simultaneously

    They were preparing to be BFS only...bfs bought them out stock swap...compensation

    Grp got the short end of the stick...which i explained clear as day to them

    They sued bfs for fraud later on

    One of the the ex-persons nn charge of bfs micael marrache also is suing the for fraud ( not sure of the outcome)

    he said they * someone blacklisted him after he left ..talked bad about him an damaged his reputation

    I guess he wasnt smart enough to make a name "Karen" and flee into the night

    ( people have posted the lawsuits before)
    Last edited by Karen37a; 11-16-2018 at 12:37 PM.

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