Who will fund a defaulted merchant who satisfied the loan?
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  1. #1

    Who will fund a defaulted merchant who satisfied the loan?

    I have a cali based business who does 250k a month. He is seeking a 4th position. He defaulted on 2 lenders by delaying payment. however, its been satisfied now. I need to get this deal funded this week.

  2. #2
    Senior Member Reputation points: 70961
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    LCF will do this all day.

  3. #3
    Senior Member Reputation points: 70961
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    If the lowered payments are reflecting in the last 3 months bank statements then you will need to provide a ZBL letters. Let me know if you need contact info for them

  4. #4
    send it to mark@highfivefunding.com he will get it done.

  5. #5
    Senior Member Reputation points: 44858
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    i believe east shore equities will.

  6. #6
    Banned Reputation points: 179851
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    **** Default deals.

    Unless they have one hell of a story. Default deals preform like ****. Clawback Central, Money lost. Id rather Fund BLIND Starter Deals with NO FUNDING CALLS and contracts issued directly off of an algorithm with no other contributing factors

  7. #7
    Senior Member Reputation points: 676
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    We could possibly. When was it defaulted and satisfied

    email: info@pdmcapital.com
    PDM Capital
    39 Broadway
    New York, NY 10006
    646-876-1055

  8. #8
    Senior Member Reputation points: 54989
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    Satisfied ? Mantis has funded tons!!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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