Noble funding group
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  1. #1
    Senior Member Reputation points: 14091
    Join Date
    Mar 2019
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    Quote Originally Posted by pcfunder View Post
    how come the merchant only qualified for 50k 1.499 40 days?
    Very simple: it was probably a default deal.
    Certain lenders like to fund extremely high-risk deals or previous defaults deals where they can give 10-30 day deals and pay 7 points

  2. #2
    Senior Member Reputation points: 77721
    Join Date
    Jan 2018
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    Quote Originally Posted by Akanner View Post
    Very simple: it was probably a default deal.
    Certain lenders like to fund extremely high-risk deals or previous defaults deals where they can give 10-30 day deals and pay 7 points
    could be but was curious as to why exactly this specific merchant only qualified for that. Regardless its funny how the funders who do these **** deals are also ****ty people. Kind of ironic. Can you let us know if this renews in 5 days and if you get paid on it?

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