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  1. #1
    Banned Reputation points: 7556 cmarks's Avatar
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    So this line about "doing business the right way to ensure and protect the Merchants and Reps from underhanded practices that plague our industry." , then you go on to say you do 9th & 12th positions where merited don't jive at all... Your "overleveraged calculations" are what % of gross on a 9th or 12th?

  2. #2
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    Quote Originally Posted by cmarks View Post
    So this line about "doing business the right way to ensure and protect the Merchants and Reps from underhanded practices that plague our industry." , then you go on to say you do 9th & 12th positions where merited don't jive at all... Your "overleveraged calculations" are what % of gross on a 9th or 12th?
    I know that Bridge Funding does up To 50% holdback. Not sure if that answers your question though. (Because I’m not sure if BlueBridge and Bridge are the same).

  3. #3
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    Quote Originally Posted by SmartAdvanced View Post
    I know that Bridge Funding does up To 50% holdback. Not sure if that answers your question though. (Because I’m not sure if BlueBridge and Bridge are the same).
    thanks but its for bluebridge, but the main point was him saying he wants to 'protect the merchants' then goes on to say they do 9th and 12th positions...lol yea, ok.

  4. #4
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    Quote Originally Posted by cmarks View Post
    thanks but its for bluebridge, but the main point was him saying he wants to 'protect the merchants' then goes on to say they do 9th and 12th positions...lol yea, ok.
    Chris, there are merchants who have over 20 positions and still end up paying them. What you are saying makes no senses!

    Not sure how much knowledge you have in regards to lending MCA, if you would like I can explain to you how it works, 718-564-6391
    Ari Gill | Director of Business Development
    NewCo Capital Group/ Capytal
    Office: 646-543-8608
    Email: Ari@NewCoCapitalGroup.com


    *** To partner with Newco Capital / Capytal or to
    receive more info fill out link attached lnkd.in/e5YwW-zm ***

  5. #5
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    Quote Originally Posted by Ari Gill View Post
    Chris, there are merchants who have over 20 positions and still end up paying them. What you are saying makes no senses!

    Not sure how much knowledge you have in regards to lending MCA, if you would like I can explain to you how it works, 718-564-6391
    What makes no cents is a 21st position only taking 2% of remit if 1-20 are taking 1%.

  6. #6
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    Quote Originally Posted by channin19 View Post
    What makes no cents is a 21st position only taking 2% of remit if 1-20 are taking 1%.
    Imagine having 20 positions and your remit is only at 1% or 2%:

  7. #7
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    Quote Originally Posted by SmartAdvanced View Post
    I know that Bridge Funding does up To 50% holdback. Not sure if that answers your question though. (Because I’m not sure if BlueBridge and Bridge are the same).
    Lol, you just don't quit. Whoever is in the industry knows we are not the same
    Ari Gill | Director of Business Development
    NewCo Capital Group/ Capytal
    Office: 646-543-8608
    Email: Ari@NewCoCapitalGroup.com


    *** To partner with Newco Capital / Capytal or to
    receive more info fill out link attached lnkd.in/e5YwW-zm ***

  8. #8
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    Quote Originally Posted by ari gill View Post
    lol, you just don't quit. Whoever is in the industry knows we are not the same
    if it walks like a duck
    if it talks like a duck
    if it smells like a duck

    its a duck!!!!!!!!!!!!!!!!!!!!

  9. #9
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    Quote Originally Posted by smartadvanced View Post
    i know that bridge funding does up to 50% holdback. Not sure if that answers your question though. (because i’m not sure if bluebridge and bridge are the same).
    we pay next day commission! Full comm on renewals!!! Try us instead of holding back your 50%
    Last edited by Ari Gill; 03-03-2020 at 03:35 PM.
    Ari Gill | Director of Business Development
    NewCo Capital Group/ Capytal
    Office: 646-543-8608
    Email: Ari@NewCoCapitalGroup.com


    *** To partner with Newco Capital / Capytal or to
    receive more info fill out link attached lnkd.in/e5YwW-zm ***

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