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  1. #1

    Defaults

    Need lenders who fund defaults.

  2. #2
    Satisfied judgments or open defaults?

  3. #3
    Open defaults

  4. #4
    Quote Originally Posted by Topcloser View Post
    Open defaults
    Why would you expose yourself to a deal with an open default? I don't care how good their banks look- merchant isn't paying, they won't pay on your deal either.

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    331

    We fund previous defaults, whether in a payment plan, satisfied or not. Of course, our offers will be conservative but we will make an offer if it fits our internal guidelines.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  6. #6
    Member Reputation points: 1950
    Join Date
    Oct 2017
    Location
    NY, NY
    Posts
    36

    I'll take a chance on open defaults if they have fat ledgers. Mostly flexes and starter deals



    Jared Leff
    Alva Advance
    (845) 943-0217
    www.alvaadvance.com
    Last edited by jared; 06-23-2022 at 12:05 PM.

  7. #7
    Senior Member Reputation points: 337045
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    We can and will provide factoring facilities and asset based lines of credits for companies with an active or previous default. we would need a clear understanding why the default occurred.

    I have several opportunities on my desk right now ranging from $2Mil in facility size to over $15Mil in facility size. All have defaulted on their credit facilities with their bank and have been asked to seek an alternative.

    Best,

    KH
    Hedley Lamarr......That's Hedley

  8. #8
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Quote Originally Posted by jared View Post
    I'll take a chance on open defaults if they have fat-ass ledgers. Mostly flexes and starter deals



    Jared Leff
    Alva Advance
    (845) 943-0217
    www.alvaadvance.com

    What about big tit ledgers?

  9. #9
    ill fund that deal any day give me a call 213-340-4979

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