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03-25-2020, 06:15 PM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
I just got an approval from Izzy for a restaurant doing take out in IN, for $55k. I have been dealing with the merchant for years and I know his english is marginal.
They called the merchant prior to sending out contracts. So i call the merchant and say, "the uw are going to call you. Please only answer with Yes or No, and try and paint a positive picture of the business." The ****ing merchant did the exact opposite. This guys (my merchant) is a complete fool.
I asked him, you wanted to get funded right? Could you not heed my advice, yes or no answers and be positive.
Needless to say, they killed the deal.
Just beside myself.I put my contact info in here, and
was bombarded with spam from funders
if you need to reach me PM me
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03-25-2020, 06:35 PM #2
- Join Date
- Jun 2015
- Posts
- 754
You moron tried coaching the merchant into lying, and the merchant was more honest than his own broker! and they killed due to a lack of sales due to him being a ****ing restuarant. And you are upset because your little stupid conniving con - wasn't successful - and now you come here to cry about it? wtf is wrong with your stupid ****ed up brain? are you on Covids??
sorry for my tough tone, i'm just pissed at the whole world. sorry sorry
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03-25-2020, 07:38 PM #3
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
First of all, go **** yourself.
The merchants english is sparse, that is the first issue. I never asked him to lie. They have his MTD act report for cc processing and banks. They see the drop in rev. He is set up for take out and in mid april his county is revisiting the dine in option. That is fact. ALl i asked him to do was to answer yes or no questions and not offer up any thing additionally.
During the call, he said he is closed and that he is not interested in expanding his take out business. He is doing $2k a day in take out business? He could have said, i am doing take out business of $2k that is where i am at. He is not closed, i have his cc batches as they clear on his portal.
He claims he did not understand the questions.I put my contact info in here, and
was bombarded with spam from funders
if you need to reach me PM me
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04-02-2020, 12:51 PM #4
- Join Date
- Nov 2013
- Posts
- 597
Ive had many deals die with Izzy, they infamous for killing at the funding gate. Some things you cant control, other things you can and an experienced funder would know how to streamline. For instance, asking for pb months knowing the biz is 1 yr TIB and killing it cuz of no sales, thats unforgivable and avoidable.
Now it turns out they have a security breach in their system along with another lender, its interesting both lenders using the same system have that breach...hmmmm
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