Lenders that fund defaults?
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  1. #1
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    Lenders that fund defaults?

    Any lenders out there that will fund defaults with merchants who satisfied their judgements?

    TIA

  2. #2
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    Quote Originally Posted by alex.isak View Post
    any lenders out there that will fund defaults with merchants who satisfied their judgements?

    Tia
    lcf

  3. #3
    Ill do it. I PM'D you

  4. #4
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    I think this whole concept of funders funding defaults is a ploy to get non default deals ... why am i saying this a few ISO's told me over the past year that they signed up with these default (so called) Players and when they sent them (as they boasted) default deals they got blasted for sending these kind of deals --
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
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  5. #5
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    Quote Originally Posted by mcaguru View Post
    I think this whole concept of funders funding defaults is a ploy to get non default deals ... why am i saying this a few ISO's told me over the past year that they signed up with these default (so called) Players and when they sent them (as they boasted) default deals they got blasted for sending these kind of deals --
    Yeah and its probably best to focus your energy on cleaner deals. Your renewal book will look a lot better.

  6. #6
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    Quote Originally Posted by pcfunder View Post
    Yeah and its probably best to focus your energy on cleaner deals. Your renewal book will look a lot better.
    Definitely agree.. But when a deal is on the table, might as well try to find a home for it. Not much work required.

    @mcaguru - if a lender claims he funds defaults then that is what they will receive. The clean files already have a home. If they start to complain then its false advertising...

  7. #7
    Quote Originally Posted by alex.isak View Post
    Any lenders out there that will fund defaults with merchants who satisfied their judgements?

    TIA
    Ill do all day, PM me

  8. #8
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    Funded one this morning
    All I do is FUND FUND FUND no matter what...

    Madison Capital Fund
    Josh - Senior Funder
    862-323-1780
    josh@madisoncapitalfund.org
    Apply:madisoncapitalfund.org/applynow

  9. #9
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    mantis funds defaults inhouse only brokers need not apply

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