Defaulted Merchant!
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  1. #1
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    A few lenders will fund defaulted merchants

    IMO - Hurricaine Harvey should not be a default. If they missed payments and adjusted after Harvey.... use your head - he is a good Merchant it is an act of god.

    I HATE underwriters who can't think. Its like they are robots stuck on an algorithm, no outside thinking or reasoning.

  2. #2
    That's obviously not the case. He still owes the mca company. no plan to pay back

  3. #3
    Senior Member Reputation points: 15507
    Join Date
    Dec 2016
    Location
    Brooklyn N.Y.
    Posts
    428

    Midnight will fund.
    High risk paper

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