[chris32111]

who will fund a loan with ram payments in the banks?

no positions, doing over 100k a month.

[WestCoastFunding]

That’s kind of funny because Ive heard multiple times from funders they won’t touch anything with Ram in it. What is Ram doing?

[TheCaptain]

I'm actually curious on the company that will.... Marcus??

[mcaguru]

ive never heard that we wont or will fund a deal based on a merchant previously selling future receivables to a specific financial institution --

[DTFdowntofund]

I feel like I recall Ram and Queen in the mix together

[John Galt]

I've been retired for a couple of years and just coming back in. What is Ram or Queen? If you don't mind conferring.

[DTFdowntofund]

Funding houses doing crazy / suspicious **** around 2015/16. I almost wanna say I'd throw Hop in that same time frame too. Not sure if they're all connected or not though, but they were all to be on the lookout for.

[abfunders]

Queen is NOT ram or yes or any of those John Braun shops. The guys at Queen are high risk, but they're honest.

[Lmonus]

RAM = John Brauns MCA Collection company AKA Collections...

[TheCaptain]

RAM = John Brauns MCA Collection company AKA Collections...

This is what I know it as too

[Cashman1]

who will fund a loan with ram payments in the banks?

no positions, doing over 100k a month.

This might shock you but RAM PAYMENT is Ondeck Collections.

[happyman]

I know for fact RAM PMNT works with Forward.

[Keebler]

From what I've seen. RAM Payment is actually another debit name for Corporate Turnaround. So correct me if I am wrong, the original question is - Who will fund a merchant that took a debt settlement to screw his current funders?

I know that John had a company called RAM but Ram payment is 100% another name for Corporate Turnaround.

[Gables Capital Group]

RAM = John Brauns MCA Collection company AKA Collections...

RAM was also Steve Reich's former MCA company for a few years.

[A+Paper]

RAM is an independent collections agency. They are absolutely brutal and do logins frequently. If they see a funding, they will scoop it up as payment. I have seen it happen personally.

[coengage]

RAM stands for Reliant Account Management and they are a licensed third party money transmitter. For the most part a conduit for debt settlement (DS) companies to debit merchants and consumers who have entered a DS plan. RAM allow the merchant/consumer to establish a trust accounts for the purpose debiting, holding and distributing fund when in a plan. When you see RAM debiting a merchant/consumer account, be rest assured he/she as defaulted on an MCA and is active in a DS plan.

[harvey]

ram is creditors relief - no wonder so many people fund these accounts no1 nos it

[harvey]

RAM = John Brauns MCA Collection company AKA Collections...

this is totally incorrect

[jake2276]

this is totally incorrect

RAM PMT is a payment processor that processes payments for creditors relief
it has zero to do with ram, queen or john braun lol.

[jake2276]

RAM PMT is a payment processor that processes payments for creditors relief
it has zero to do with ram, queen or john braun lol.

see website
https://ramservicing.com/

[Fetachini]

RAM PMT is a payment processor that processes payments for creditors relief
it has zero to do with ram, queen or john braun lol.

are you sure about that? because I actually know someone who works there.

[jake2276]

u know someone who works were? And yes i am 100% sure my company gets payments all the time from RAM, thats the escrow agent for creditors relief as well.
any funder here who has ever settled a deal with creditors relief knows what ram pmt is.

[ADiamond]

Very little surprise that most people on here just spew randomness without knowing about what they spew.

Fear not, as I have arrived to shed light on the matter.

-

RAM PMT is not RAM Funding/Capital/Whatever that company's name was, and even if it were - that wasn't John Braun's company.

RAM PMT, which OP refers to is Reliant Account Management ( https://ramservicing.com/ ) a 3rd party debt servicing firm that you will sometimes see in merchants' bank account for collections payments on MCA/Biz Loans.

They typically service the "A" tier lender/funder, as far as I have seen - but that just means a lot of lower-grade firms may not use them.

You will see them in a bank account/statement with the transaction labeled exactly "RAM PMT" as typically weekly, bi-weekly, or monthly transactions.

I've personally known this for 2+ years now, and I loved seeing other funders come into a deal behind RAM PMT having not the slightest clue that they were funding defaults.

Anyhow, I suppose the secret is out now

[Chambo]

who will fund a loan with ram payments in the banks?

no positions, doing over 100k a month.

Isn't RAM what Corporate Turnaround debits as?

[ADiamond]

Isn't RAM what Corporate Turnaround debits as?

I've always seen Corp Turnaround debit as exactly that. I believe they're two separate companies, but who knows? Maybe they all conspire together against us.