[J.Celifarco]

We like to see a satisfaction of judgement. If there's no SOJ we will either request payoff letters or investigate / find out what happened, why they defaulted, how much did they pay in, before they defaulted (if the merchant simply took money and blocked payments, we won't fund. If the merchant paid off 4 renewals and got screwed in the end.. that's a different story).

didn't answer the question though if they did not fully payoff the default advance with the previous funding company will you fund the deal? Will you payoff that balance out of the advance? Do you decline and not fund? Defaulted but satisfied the debt and defaulted and screwed the funding company are 2 very different things just trying to see which ones you fund