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12-13-2019, 10:51 AM #1
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- Dec 2013
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- 4,713
I am not sure there is a real funder that funds defaults -- Defaults mean the merchant took capital and defaulted by intervening in the process of collecting a portion of the recevibles he sold there are few defaults that make sense -- there are remote cases when a single operator of a business collapses on vacation and 2 weeks later he calls the funder with monitors beeping in the background and gets back on track those cases many funders would fund. (unless the collapse was due to a new strain of heroin) otherwise its hard to believe that someone is actually funding merchants that defaulted when they chose not to honor the sale of receivables contract.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
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12-17-2019, 12:01 PM #2
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- Aug 2019
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- 94
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01-13-2020, 11:55 PM #3
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- Sep 2019
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- 5
Landmark will go out 50 days for defaults as long as the banks are there.
steve@landmarkfundgroup.com
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01-20-2020, 04:40 PM #4
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- Jun 2019
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- 287
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01-21-2020, 12:28 AM #5
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- Aug 2019
- Posts
- 8
lol I don't understand why everyone is so against everyone else on here. I didn't know this would bring up controversy especially when by next week it's going to happen all over again with someone else new.
this thread was made for options for default lenders. if you don't want to use them you don't have to
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01-16-2020, 11:22 AM #6
- Join Date
- Jul 2017
- Posts
- 548
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