Wednesday, April 13, 2011

I Want To Believe! What is Real? Can Any Platform or Trade Proof Up?

We have have so many different funding models cross our desk here at WCF...but had little success in having anyone actually prove that they perform or give references. Really, we want to believe! 

When we ask for references or referrals we get answers like, "The platform doesn't need your client's business, so they'll just pass if they have to prove success or credentials." What kind of business model is that? Or, "At this level of banking, it's just not done, the money will be safe and protected in escrow."

Honestly, if no one can touch it in escrow, then how can it be of any use to the trader or platform? I would really like to know the answers to these questions. Personally, I have not seen another broker fund ANYTHING involving platform trading or actually close on a Bank Guarantee or Standby Letter of Credit that goes into some sort of cash-generating program.

As a company, we have resolved to only work with funders that have cash on their books, and the only situation where we have engaged clients in the past have been proofed up by third parties... we know they are real. BUT, finding new ones is like stalking big foot.

I am reaching out to every reader of this blog to see if someone can come forward and prove and document that these types of fundings, in the present market, are real and do actually happen. Really, I want to believe, but cannot put a client blindly into a transaction that is unwilling to show any sort of success. Please feel free to call me with your success stories at 281-964-8037 or email me at brian@walkercf.com 

1 comment:

  1. Permit me to introduce you to LE-MERIDIAN FUNDING SERVICES. We are directly into pure loan and project(s) financing in terms of investment. We provide financing solutions to private/companies seeking access to funds in the capital markets i.e. oil and gas, real estate, renewable energy, Pharmaceuticals, Health Care, transportation, construction, hotels and etc. We can finance up to the amount of $900,000,000.000 (Nine Hundred Million Dollars) in any region of the world as long as our 1.9% ROI can be guaranteed on the projects.
    Le-Meridian Funding Service.
    (60 Piccadilly, Mayfair, London W1J 0BH, UK) Email Contact Info...lfdsloans@lemeridianfds.com

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