What is the default rate for a high risk funder?
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9

Hybrid View

  1. 07-01-2020, 04:00 PM #1
    Michael I
    Michael I is offline
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,326

    As far as i understood it goes based on what they lose to define their default rate after collections ,they will all claim 8%. but i dont buy it
    Reply With Quote Reply With Quote
  2. 07-01-2020, 04:02 PM #2
    pcfunder
    pcfunder is offline
    Senior Member Reputation points: 77721
    Join Date
    Jan 2018
    Posts
    519

    Quote Originally Posted by Michael I View Post
    As far as i understood it goes based on what they lose to define their default rate after collections ,they will all claim 8%. but i dont buy it
    It feels like it has to be a lot more than 8%. I'm guessing their collection methods are what makes them stay profitable?
    Reply With Quote Reply With Quote
  3. 07-01-2020, 04:04 PM #3
    Michael I
    Michael I is offline
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,326

    Quote Originally Posted by pcfunder View Post
    It feels like it has to be a lot more than 8%. I'm guessing their collection methods are what makes them stay profitable?
    i agree and i will tell you why. anyone with an AR always gets more aggressive offers from these guys
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. New program 1.30 factor rate on high risk files
    By GreenFundNY in forum Promotions
    Replies: 8
    Last Post: 12-27-2019, 04:17 PM
  2. Need high risk funder.
    By Rubin_Hoffman in forum Deal Bin
    Replies: 5
    Last Post: 01-08-2015, 12:08 PM
  3. Need medium/high risk funder
    By bostriba in forum Merchant Cash Advance
    Replies: 12
    Last Post: 08-22-2014, 07:32 AM
  4. Anyone Looking for a New High Risk Funder?
    By mcaguru in forum Merchant Cash Advance
    Replies: 16
    Last Post: 03-03-2014, 06:53 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules



INDUSTRY ANNOUNCEMENTS
Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending

DIRECTORY