[Fetachini]

Great Post Vegan!

here's my favorite one
"don't you see that he makes 200k in deposits!" --- "yes I do but only 40k of it is real revenue"

[pcfunder]

Great Post Vegan!

here's my favorite one
"don't you see that he makes 200k in deposits!" --- "yes I do but only 40k of it is real revenue"

sooo what your saying is you can't fund this deal....? Is there any way you can just push this through? Merchant is a payer.

[Michael I]

sooo what your saying is you can't fund this deal....? Is there any way you can just push this through? Merchant is a payer.

damn it . i dont think i can ever use the merchant is a payer line again now

[pcfunder]

damn it . i dont think i can ever use the merchant is a payer line again now

It doesn't really make sense to call someone a payer. Everyone is a perfect payer until they default 40% in or put a stop payment after their 3rd renewal. If they weren't a payer, we wouldn't even be talking about the deal in the first place. We would just decline lol.

[NoBigDeal]

#4 is my favorite btw

[NoBigDeal]

It doesn't really make sense to call someone a payer. Everyone is a perfect payer until they default 40% in or put a stop payment after their 3rd renewal. If they weren't a payer, we wouldn't even be talking about the deal in the first place. We would just decline lol.

I remember a merchant i funded 4 times back in 2014. Funded him initially as a 4th, and from the renewal on took on 2 other advances and juggled paying 6 different funders for a whole year and a half. my deal was always 3 months, he was the ONLY merchant i was able to say was a "perfect payer"...until he went bust