Quote Originally Posted by fundingsmbs View Post
reason could be tight funders! we have all been there done that with low approvals from certain funders. all I can say is don't give up and find those deals another home. one mans trash could be one mans gold. have had deals declined and funded elsewhere and they paid back as expected and renewed while an account manager for funder who declined said "oh, that deal will go bad" .....you never know, keep trying

I agree.

So either A) ...you sent it to the wrong funder ( wrong paper grade/algorithms/industry for that company)

B) Balances are too High, too many nsfs etc

C ) Discovery of negative information thru underwriting ( many things)

D) Funding allocation has been met ...ran out of money

E) Failed merchant interview

F) Backdoored

G) Lost to ethical competition

So yes ...keep trying but learn as you go to lessen the wasted time, bad paper, negative consequences and hurt feelings



*****Everyone Else can continue to post their monthly numbers ****