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03-23-2020, 08:14 AM #18
- Join Date
- Jun 2015
- Posts
- 3,322
It really will go by what they decide than . I had merchants that were hurt with the hurricane in Florida a couple of years ago.some funders were really good with sticking to the specified percentage and if the merchant did not rebuild they did not go after him . Some were ok with stopping lowering payments but than will not renew later on or forgive loan. And some were just plain jerks and should be burnt down.
now most funders are going by mtd and a ton of merchants that won't submit it they are filing judgements.number 1 is always to be in touch and have open conversations.
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