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01-14-2019, 10:12 AM #1
- Join Date
- Dec 2017
- Posts
- 277
Stopped Payments
Hi,
Which funder/s will consider a merchant who asked the current funder to stop payments for a few days until deposits clear?
Thank you,
Michael Sla*****er
msla*****er@sla*****er.com
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01-14-2019, 10:13 AM #2
- Join Date
- Jan 2018
- Posts
- 353
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01-14-2019, 10:56 AM #3
- Join Date
- Jul 2017
- Posts
- 105
I'll entertain it if payments are back on.
Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
D. 516-667-6817
paul@coolidgecapital.com
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01-14-2019, 12:34 PM #4
- Join Date
- Jun 2017
- Posts
- 2,049
Did they make up the missed payments? That tends to factor in alot.
Say they stopped for a few days but then doubled up a few days - thats alot easier to sell
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01-14-2019, 02:06 PM #5
- Join Date
- Dec 2017
- Posts
- 277
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01-14-2019, 01:40 PM #6
- Join Date
- Oct 2018
- Posts
- 99
I can take a look as long as the merchant made up the payments and is in good standing with the current loan.
Adam Ward
911 Ave U
Brooklyn NY 11235
adam@Funding-Zone
347-269-1598
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01-14-2019, 01:43 PM #7
If they are B2B we can look at them for AR Finance. We can work with paying off their current MCA debt. At times we will offer an OverAdvance to a client to help with current balances.
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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