NEW Illegal TREND Implemented till sued??
Need a Funder or Vendor? START HERE

Results 1 to 25 of 32

Hybrid View

  1. #1
    Senior Member Reputation points: 341293
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,508

    Quote Originally Posted by Michael I View Post
    does a regulated bank have a time frame to give you something that you need for an old loan they did? I know a guy that it took close to 30 days after tons of bounce around to get a ucc removed from 3 years ago that the bank never removed
    Michael,

    Not really. They are supposed to respond in a reasonable amount of time.

    FYI-Equipment lenders are famous for dropping an all asset lien when they are doing one-off equipment deals. Drives me nuts getting them to release!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  2. #2
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,326

    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Michael,

    Not really. They are supposed to respond in a reasonable amount of time.

    FYI-Equipment lenders are famous for dropping an all asset lien when they are doing one-off equipment deals. Drives me nuts getting them to release!
    my case someone screwed up so when he was calling for one 3 years ago he got runaround for awile . seems like most honestly dont know how to handle things at of the norm .
    What is a reasonable amount of time?

  3. #3
    Senior Member Reputation points: 20944
    Join Date
    Oct 2013
    Location
    Designer
    Posts
    597

    Quote Originally Posted by Michael I View Post
    my case someone screwed up so when he was calling for one 3 years ago he got runaround for awile . seems like most honestly dont know how to handle things at of the norm .
    What is a reasonable amount of time?


    I know when it's a bank asking a bank, it gets done within a few hours.











    www.UccRadar.com - If you know where Merchants Seeking Funding hang out, it's not legally stalking if you close them.

Similar Threads

  1. A new disgusting mca trend
    By harvey in forum Merchant Cash Advance
    Replies: 23
    Last Post: 03-01-2019, 11:29 PM
  2. Trend
    By Michael I in forum Merchant Cash Advance
    Replies: 54
    Last Post: 01-26-2018, 02:02 PM
  3. Replies: 1
    Last Post: 03-11-2015, 09:54 AM
  4. Replies: 0
    Last Post: 12-10-2014, 02:28 PM
  5. Stack on his deal, you'll get sued.
    By DirectMedia_Scott in forum Merchant Cash Advance
    Replies: 53
    Last Post: 05-15-2014, 07:59 PM


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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY