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05-27-2020, 12:39 AM #1
Reputation points: 70182
- Join Date
- Mar 2016
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- 901
CFG Merchant Solutions
Good Evening All - Covid - 19 has really put a strain on businesses through out the country including our industry whether your are a funder or a broker. During this time we have continued to fund and have been keeping an eye on the changes that come about day after day. March and April were tough months to get through, but in the month of May we have really started turning the wheels again.
I'm sure some of your are already signed up with us here at CFGMS, so please reach out to your ISO Rep to review our updated guidelines while this pandemic rolls through. For those of you that are interested in signing up with us feel free to reach out to me so i can appoint you to the appropriate associate.
Keep your head up high - together we will exit on the other side stronger than we were prior to this nightmare. Stay safe and healthy everybodyLast edited by Lmonus; 06-11-2020 at 09:37 AM.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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05-27-2020, 11:27 AM #2
Reputation points: 5448
- Join Date
- May 2018
- Posts
- 196
Charles Frazier
President
Sapphire Capital Group
p: 917-781-2232
m: 917-783-5634
w: www.Sapphirecapgroup.com
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05-27-2020, 01:31 PM #3
Reputation points: 70182
- Join Date
- Mar 2016
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Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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05-27-2020, 08:23 PM #4
What are your temporary restrictions on funding?
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05-27-2020, 09:20 PM #5
Reputation points: 70182
- Join Date
- Mar 2016
- Posts
- 901
Below is what i am Pasting in my Emails as "Guidelines" for new submissions.
RESTRICTED STATES UNTIL FURTHER NOTICE BELOW, (SUBJECT TO CHANGE)
- Washington
- CALIFORNIA (Will still look at, but low offer amounts)
- Wisconsin
- Illinois
- Kentucky
- Michigan
- New York
- New Jersey
- Delaware
- Maryland
- Connecticut
INDUSTRIES WE WILL PRICE BELOW,
Trucking
Transportation
Delivery Services
Some construction - service contractors (wire install for Verizon), electricians, plumbers, commercial construction, some home builds, paving
Some restaurants - Need to have take out / delivery and be doing okay the last 2 months
Some Healthcare - Nursing homes, Residential Care, clinical labs, primary care, hospitals, but not dentists and chiropractors.
Vets
Pet stores
Mini marts
Grocery stores
Pharmacies
Legal services
Pretty simply put if Covid has a massive negative impact on the business we do not want to touch it right now. States will open up but we are still a long way from knowing if they will stay open or shut back down with an increase in cases. Cali as a state is very tough state because of the laws protecting merchants are very strong. So be prepared for light offers in that stateThank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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05-30-2020, 01:22 PM #6
Reputation points: 70182
- Join Date
- Mar 2016
- Posts
- 901
bump
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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