Results 1 to 15 of 15
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08-10-2017, 12:24 AM #1
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
Judgments worth anything?
I come across files that have multiple Judgments filed on them (in form of COJs) and the businesses are coming around for more financing, as if nothing ever happened. My question is, how does a business operate as if nothing ever happened, after they default on multiple MCA funders, with active judgments against them? I've seen multi million dollar defaulted businesses, operate as usual.
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08-10-2017, 06:51 AM #2
- Join Date
- May 2017
- Posts
- 21
And I've seen you fund defaulted merchants...
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08-10-2017, 08:41 AM #3
and this surprises you? Why do people with previous repossessions apply for a car loan? Why do people with credit card write offs apply for credit? You've never seen an application from someone who's defaulted on a previous MCA?
If anything it seem your lead sources are top tier.
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08-10-2017, 09:27 AM #4
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
It surprises me that the funders don't or can't enforce the judgements, and that the merchant walks away without paying a price (besides credit). Especially when the default is hundreds of thousands of dollars.
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08-10-2017, 09:54 AM #5
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08-10-2017, 12:05 PM #6
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08-10-2017, 12:05 PM #7
and.....as long as there is one company out there that'll fund a merchant with a judgment, this nonsense will continue.
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08-10-2017, 12:09 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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08-10-2017, 12:10 PM #9
- Join Date
- Dec 2013
- Posts
- 4,713
Chambo i think you are the barometer to our industry.... the day you throw in the towel i predict will be the beginning to the end !LOL
Since im in here already ...a reminder we fund the subprime with fastest speed and fewest stips and double digit commission !
email me for ISO agreements!Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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08-10-2017, 01:47 PM #10
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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08-10-2017, 01:56 PM #11
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08-10-2017, 03:41 PM #12
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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08-10-2017, 05:26 PM #13
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08-10-2017, 06:41 PM #14
- Join Date
- Apr 2014
- Posts
- 781
Customer yoldnme he was funded 45k..with a previous mca default..unreal
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08-10-2017, 10:10 PM #15
- Join Date
- Feb 2017
- Posts
- 14
Why does a crackhead smoke crack?
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