Quote Originally Posted by pcfunder View Post
Does that mean that collecting money is more important than another persons life? I had a deal awhile ago where a merchant was doing 500k a month and had an excellent business. By his 3rd advance a lot of things started to happen to him and his business had a major downfall that was unexpected. I spoke to him on the phone to try and set up a payment plan and he literally said "I am trying my hardest to not jump off the nearest bridge". Does a responsibility to an investor have more merit than a responsibility to being a good person who happens to be more blessed on this planet than the person you are legally going after?
Now you are getting involved in a specific situation that a funder needs to make a call.Did something happen or was it take the money and run. big difference.
I have a current merchant that not only put a stop payment 1 week in , she even went in disputed the week of payments she did do. now she is a person , she is a single mother with 3 kids . should the funder just write it off as charity or go after her?