Defaulted Merchant
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  1. #1
    Member Reputation points: 17
    Join Date
    Jul 2018
    Location
    Ft lauderdale, FL
    Posts
    37

    Defaulted Merchant

    Anyone on here fund defaulted merchants? Tool manufacturing co. modified payments temporarily in 2018 and had judgement filed, but Merchant does have SOJ to prove it is resolved.

    avg deposits 65k/month and currently has one balance
    CS around 580
    0 tax liens
    0 hx of BK

  2. #2
    Senior Member Reputation points: 198007
    Join Date
    Mar 2017
    Location
    Nunya
    Posts
    830

    Sounds like a Mantis Nano POS™ candidate

  3. #3
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Morning Nikki..

    Perhaps a real loan would be solution. Banks do not care about modified payments- they cannot have judgments or tax liens

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