[Sean Cash]

http://www.southcoasttoday.com/news/...loan-practices

Where did this one end up? Its too risky to fund in these amounts with this product

The merchant lost 3 days ago

[Jess]

The merchant lost 3 days ago

Well "lost" is relative in bankruptcy court. Has anyone seen the BFS balance on the bankruptcy filing?
Aggregated funding of $7m+ but I'm sure over a number of years/advances. Wondering what they settled for and how long it will take to receive.
They must be behind secured creditors and municipalities. How big of a hit is BFS taking on this?

[Jess]

Well "lost" is relative in bankruptcy court. Has anyone seen the BFS balance on the bankruptcy filing?
Aggregated funding of $7m+ but I'm sure over a number of years/advances. Wondering what they settled for and how long it will take to receive.
They must be behind secured creditors and municipalities. How big of a hit is BFS taking on this?

I just reread. $2 MILLION dollar hit to BFS. Holy Smokes. Well that explains a lot.......

[ryan $]

Biggest deal Ive ever done was with Credit Cash years ago, over 1 million