Results 1 to 6 of 6
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03-02-2020, 01:02 PM #1
Reputation points: 242074
- Join Date
- Feb 2017
- Posts
- 3,463
EBF renewal?
Merchant has several positions, has defaulted / restructured on a few of them, but has been paying of EBF without a missed payment perfectly fine, and money is still the same. I'm not going to fund him obviously, he wanted to hear feedback if there's a good chance EBF will renew him.
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03-02-2020, 11:10 PM #2
Reputation points: 5448
- Join Date
- May 2018
- Posts
- 199
EBF renewed a default merchant for me on friday..
Charles Frazier
President
Sapphire Capital Group
p: 917-781-2232
m: 917-783-5634
w: www.Sapphirecapgroup.com
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03-03-2020, 09:30 AM #3
Reputation points: 187
- Join Date
- Dec 2018
- Posts
- 36
In my experience, if they have a good relationship with the merchant (paying on time, no more than 2/3 nsfs that have been paid) they should renew them. Give it a shot, what's the worst case a decline?
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03-03-2020, 11:41 AM #4
Reputation points: 25752
- Join Date
- Apr 2015
- Posts
- 300
so cool that you guys are bragging about making funding companies fund defaults- when the funding companies dry up nobody will be funding anything for anyone!
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03-03-2020, 01:00 PM #5
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
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03-04-2020, 05:36 PM #6
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