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  1. #1
    Senior Member Reputation points: 25205
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    highrisk funders paying off other high risk funders

    hello all, here is my question....who are the high risk funders (true funders) who will pay off other high risk funders like pearl, hfh, fox, etc just to name a few...provided that the existing balance is small enough and the approval is high enough to cover the net 50-70% rule...not looking for funders that do 2nd behind others...i know everyone does that. example: balance 2-3K , new approval 10-15K range.

  2. #2
    Member Reputation points: 49
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    Aspen, Co
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  3. #3
    We will look at these.
    Andrew Roberts
    Merchant Cash Group
    212 532 9200
    andrew@merchantcashgroup.com

  4. #4
    Member Reputation points: 247 Global Factors's Avatar
    Join Date
    Oct 2015
    Location
    NY-NJ
    Posts
    9

    We do this also.
    Global Factors LLC
    877-934-5622

  5. #5
    Cooper will payoff any position-


    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  6. #6
    Senior Member Reputation points: 3820
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    Gainesville, FL
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    Yep

    Direct Funder | No Credit Checks...EVER | Direct Access to Underwriters | No COJs, No UCCs, No Hidden Fees

    Ken Peng - Business Development & Marketing
    ken@elevatefunding.com

    www.elevatefunding.com
    Facebook | LinkedIn

  7. #7
    We can get that done quickly
    Jordan Jensen
    President
    Jordan@CapitalFundingAsap.com

  8. #8
    Senior Member Reputation points: 2529
    Join Date
    Jan 2017
    Posts
    226

    Yes, we do that!
    Paul Boxer
    V.P. Business Development
    Velocity Capital Group

    Cell: (516) 805-9209
    paul@velocitycg.com
    www.velocitycg.com

  9. #9
    Senior Member Reputation points: 197939
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    Quote Originally Posted by mycmoneyman View Post
    Fumunda cap?

  10. #10
    Senior Member Reputation points: 67458
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    Mar 2016
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    We pay off small balances but it really depends which "High Risk funders" you are talking about. Pearl, Fox, EBF, Expansion, Forward, FORA, Reliant and a few others are no issue. But the LCF, HFH, YSC, ACE, KASH, CBSG types of the industry we cant pay off. They will jump right back in the deal a week later so its pointless.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  11. #11
    Quote Originally Posted by Lmonus View Post
    We pay off small balances but it really depends which "High Risk funders" you are talking about. Pearl, Fox, EBF, Expansion, Forward, FORA, Reliant and a few others are no issue. But the LCF, HFH, YSC, ACE, KASH, CBSG types of the industry we cant pay off. They will jump right back in the deal a week later so its pointless.
    Lol and you won't?
    Anthony
    Senior Funding Coordinator
    Anthony@fundersconnect.com
    Direct: (516)-282-0933
    Fax: (646)-403-3092

  12. #12
    Senior Member Reputation points: 72142
    Join Date
    Jun 2015
    Posts
    474

    Quote Originally Posted by Lmonus View Post
    We pay off small balances but it really depends which "High Risk funders" you are talking about. Pearl, Fox, EBF, Expansion, Forward, FORA, Reliant and a few others are no issue. But the LCF, HFH, YSC, ACE, KASH, CBSG types of the industry we cant pay off. They will jump right back in the deal a week later so its pointless.
    Wow this was harsh. Coming from CFG (which happens to be a three letter Funder as well)

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