Who is funding defaulted merchants?

I know, i am embarrassed to even ask. Long time merchant of mine says he has other offers. I called BS on him but want to make sure i have not left any stone unturned.

There is no payoff letter or payment plan, he is 100% in default.

I got someone who does defaults. PM'ed you.

So this merchant had two advances, balances were close to $25k, and he was doing around $30k a month in gross.
I tried loan me but they declined at the last minute, because he had been funded less than 90 days ago from another MCA company.

Tried mantis, he had defaulted with them. Yellowstone declined.

So i gave up.

I called the guy today, he got funded by a company called Wise Funding. Never heard of them. Seems that there is always someone willing to fund, no matter how bad the file. is.
Anyone ever done business with them?

Quote:

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Originally Posted by skideeppow

So this merchant had two advances, balances were close to $25k, and he was doing around $30k a month in gross.
I tried loan me but they declined at the last minute, because he had been funded less than 90 days ago from another MCA company.

Tried mantis, he had defaulted with them. Yellowstone declined.

So i gave up.

I called the guy today, he got funded by a company called Wise Funding. Never heard of them. Seems that there is always someone willing to fund, no matter how bad the file. is.
Anyone ever done business with them?

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They’re the other half of Legend funding. Legend does 1st positions, wise does the high risk/stacks.