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  1. #1
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    my problem is that if a merchant screws over a bank I work with and then I go get that merchant funded somewhere I am essentially helping them screw over a partner of mine. That is not something that I think is OK. Also if the 1st position bank finds out my relationship with them would be screwed. I think its both short sighted from a business perspective because you are risking a more profitable relationship for the ability to fund a few defaults, As well as unethical.. thats just me though
    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

  2. #2
    Senior Member Reputation points: 242074
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    Quote Originally Posted by J.Celifarco View Post
    my problem is that if a merchant screws over a bank I work with and then I go get that merchant funded somewhere I am essentially helping them screw over a partner of mine. That is not something that I think is OK. Also if the 1st position bank finds out my relationship with them would be screwed. I think its both short sighted from a business perspective because you are risking a more profitable relationship for the ability to fund a few defaults, As well as unethical.. thats just me though
    Bank or Funder?
    John, this is where things are important to get your vocabulary correct

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