Results 1 to 22 of 22
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10-25-2017, 02:13 PM #1
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
And then, this:
13 criminal records
Convicted felon
Burglary, theft, served three times
Oh wait: He's also a convicted murderer
Yellowstone gave 50k
Complete gave 40k
looking for a third
Should I fund this?High risk paper
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10-25-2017, 02:15 PM #2
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Where have all the underwriters gone?
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10-25-2017, 02:24 PM #3Karen37aGuest
Last edited by Karen37a; 10-25-2017 at 02:26 PM.
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10-25-2017, 03:56 PM #4
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10-25-2017, 04:16 PM #5
and to just answer the original question.. NO you shouldn't fund it. The amount of money made is not worth the headaches that can come from it down the line
Last edited by J.Celifarco; 10-25-2017 at 04:22 PM.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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10-25-2017, 04:17 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
Killer deal.
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10-25-2017, 05:05 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,472
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-25-2017, 05:25 PM #8
- Join Date
- Oct 2014
- Posts
- 257
And then, this:
Someone should open FELON FUNDING
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10-25-2017, 05:28 PM #9
- Join Date
- Oct 2016
- Posts
- 4,318
Funding amount - $20,000
Payback amount - $29,900
Term - 25 to life
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10-25-2017, 05:36 PM #10Karen37aGuest
" reverse collections"
you owe us money, for lending us money, because we said so
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10-30-2017, 08:35 AM #11
- Join Date
- Jun 2017
- Posts
- 2,049
Felon Funding 1.69 Buy Rates.
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10-30-2017, 09:14 AM #12Disclaimer
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___________________________
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10-30-2017, 11:01 AM #13
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10-30-2017, 11:29 AM #14
- Join Date
- Jan 2014
- Posts
- 1,370
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10-30-2017, 11:39 AM #15
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
This deal will probably pay in the end..
High risk paper
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10-30-2017, 12:33 PM #16
- Join Date
- Oct 2017
- Posts
- 62
Complete meaning Complete Business meaning Par? Nice.
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10-30-2017, 01:06 PM #17
- Join Date
- Jul 2017
- Posts
- 548
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10-30-2017, 01:59 PM #18
- Join Date
- Oct 2016
- Location
- NYC
- Posts
- 118
i think you should do something else..
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10-30-2017, 02:59 PM #19
The deal will definitely be a payer lol
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10-31-2017, 02:52 PM #20
- Join Date
- Oct 2015
- Posts
- 39
Was this OJ Simpson?
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10-31-2017, 04:23 PM #21
- Join Date
- Jan 2014
- Posts
- 283
That's funny....they declined one of mine once for something much less serious; a funeral home was dumping...let's call it "waste" to save on disposal costs...disgusting, yes but not murder!
This week they declined one of mine because he missed a few payments over a year ago to another Lender due to a fire in his building (which he proved was truth). He paid the Lender and the lien was released, not like it was a default but they wouldn't budge....I love how they can excuse Murder but not missing 3-4 payments due to circumstances beyond their control(devil's advocate, there was NSF issues too but if it wasn't high risk it's not like I'd have ever sent the Merchant there to begin with!)
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10-31-2017, 06:49 PM #22
So much of this business has to do with personalities and personal choices. Think of it as someone buying a stock. Investor A might want to buy GM, but investor B doesn't want to buy GM, wants to buy Citibank. Investor C might refuse to ever buy banking stocks, thinking there is a bubble. Then there is the right price to buy the stock...what is over-priced, under-priced, etc, etc, etc.....
So one fund here may refuse all deals with criminal records. Why? Who knows? Personal disposition. Agree with it, don't agree with it. Considering how many yokels out there pitch their wares on this site, it isn't like you cannot find someplace else to fund it