[wallerbusiness]

I got an email from a company called Mid Night Advance. Are they real. Here is what they sent in the body of the email.
In case you didn't know

Midnight Advance has been able increase most there ISO revenues by 5%

For Funding We Don't Need:
1)No Site Inspection
2)No Landlord Call
3)No Ship COJ "JUST NEED A CLEAR NOTARIZE COJ"


Plus we are giving Defaults a chance to be funded $$$$

DEFAULT PROGRAM

We now offer a “default program” for merchants who defaulted on MCA in the past and are looking to build back their payment history.

There’s minimal underwriting required as follows:
• Approvals range between $5,000 - $20,000
• Maximum term: 40 days @ 1.49
• Min revenue $50,000 a month, with semi decent balances
• Good AR, freezable bank, and credit cards are always a plus
• 4 points commission, charge your fee on top

We will not fund if:
• Merchant has a questionable/illegitimate business
• Merchant defaulted out the gate
• Merchant defaulted in the last 3 months
• Merchant has no explanation on the default or COJ filed
• Merchant is heavily still paying other advances

If you have a file that is good for this program please send to:
Peter@midnightadvance.com
CC:Steve@midnightadvance.com
Subject: ​Default --“Name Of Company”

Send together with DL and VC so that we can already generate contracts as we approve the file. Please sell our offer before submitting. These files move quickly to the funding gate.

[Sachip24]

they are real, and yes fund defaults but the offer well...they defaulted so they aren't getting anything anywhere else lets put it that way.

[MidnightAdvance]

Yes we take some risk on these files, mostly when the merchant made an effort to pay off the judgement, and satisfied his obligations. For some reason 95% of the funders will never touch that file again, no matter what the excuse is.

After we fund them, and they pay the daily payments, a lot of funders will then take a second look at the file and fund the deal.

I had a deal that defaulted on a funder 3 years ago (restaurant doing 250k) we gave him a short term deal, then after he paid us, got a $200k offer and actually got funded (with an 8 month term). The funder looked away from the default because the merchant paid us perfectly.

[Cashman1]

Yes we take some risk on these files, mostly when the merchant made an effort to pay off the judgement, and satisfied his obligations. For some reason 95% of the funders will never touch that file again, no matter what the excuse is.

After we fund them, and they pay the daily payments, a lot of funders will then take a second look at the file and fund the deal.

I had a deal that defaulted on a funder 3 years ago (restaurant doing 250k) we gave him a short term deal, then after he paid us, got a $200k offer and actually got funded (with an 8 month term). The funder looked away from the default because the merchant paid us perfectly.

Hard time believing that some funder gave a 200k offer behind your 10k 10 day Deal.......

[MidnightAdvance]

Hard time believing that some funder gave a 200k offer behind your 10k 10 day Deal.......

We funded it for $25K and not for 10 days. (not for 90 days either..)