Do any lenders fund someone with an MCA default? Does high sales
Need a Funder or Vendor? START HERE

Results 1 to 3 of 3
  1. #1
    Senior Member Reputation points: 117
    Join Date
    Apr 2017
    Posts
    127

    Do any lenders fund someone with an MCA default? Does high sales

    I have a client doing over 100k a month. Has defaulted on in MCA in the past.

    I dont have info on the default but I can find out if I have someone who funds clients with defaults.

    Thanks

  2. #2
    Senior Member Reputation points: 52185 ADiamond's Avatar
    Join Date
    Apr 2014
    Location
    New York City
    Posts
    891

    depends on the story behind the default and whether or not it was ever paid.
    Anthony Diamond
    Underwriter

  3. #3
    Senior Member Reputation points: 15507
    Join Date
    Dec 2016
    Location
    Brooklyn N.Y.
    Posts
    428

    Quote Originally Posted by Red View Post
    I have a client doing over 100k a month. Has defaulted on in MCA in the past.

    I dont have info on the default but I can find out if I have someone who funds clients with defaults.

    Thanks
    Yes.
    High risk paper

Similar Threads

  1. Fund large deal with previous default
    By Eagle Funding in forum Deal Bin
    Replies: 16
    Last Post: 06-15-2018, 01:25 PM
  2. DEFAULT ALERT- DABOS LLC alias Dabos INC (KNIGHT DEFAULT WITH JUDGEMENT)
    By CraaaCraaa Radio in forum Merchant Cash Advance
    Replies: 3
    Last Post: 10-09-2017, 05:59 PM
  3. Replies: 0
    Last Post: 05-06-2015, 02:32 PM
  4. Replies: 5
    Last Post: 04-11-2015, 10:11 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY