[J.Celifarco]

Thanks Joseph. Pm me for more info. John is too ethical to fund defaults (ahemm) but you can join all the others who don't think like that.

We literally give merchants a second chance, when others say no.

hey everyone looks at things differently, I have made it this far doing things a certain way and Im going to continue to. The Relationships a company has with the different funders can make or break them. I don't think risking a relationship where I fund a ton of business is worth funding the occasional defaulted merchant. Also it comes down to the leads you are calling and the deals you are getting in. If you are pounding only ucc's all day and that is your only lead source, you are going to come across a lot of default merchants and may think the risk is worth it. For me I only see a small amount of these types of files so to me its not worth it. Like I said everyone looks at things differently based on their individual situation, this is how I see it

[ryan $]

hey everyone looks at things differently, I have made it this far doing things a certain way and Im going to continue to. The Relationships a company has with the different funders can make or break them. I don't think risking a relationship where I fund a ton of business is worth funding the occasional defaulted merchant. Also it comes down to the leads you are calling and the deals you are getting in. If you are pounding only ucc's all day and that is your only lead source, you are going to come across a lot of default merchants and may think the risk is worth it. For me I only see a small amount of these types of files so to me its not worth it. Like I said everyone looks at things differently based on their individual situation, this is how I see it

To Play Devils Advocate...

When the Hurricaine hit and ruined businesses.... it caused defaults.

Should these merchants never be funded again?

YS files defaults on slow pay merchants, if business slows.... should they never get funded again?

Your talking about ruining relationships by funding a merchant that defaulted in the past and i just dont get that.