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  1. #1
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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: 72
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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: 553 Global Factors's Avatar
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    NY-NJ
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    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: 9645
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    Gainesville, FL
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    Yep

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

  8. #8
    Senior Member Reputation points: 3706
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    Jan 2017
    Posts
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    Yes, we do that!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

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

  9. #9
    Senior Member Reputation points: 198007
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    Quote Originally Posted by mycmoneyman View Post
    Fumunda cap?

  10. #10
    Senior Member Reputation points: 69645
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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: 201-523-2596
    Fundersconnect Is An Approved Vendor of Delta Bridge Funding Products

  12. #12
    Senior Member Reputation points: 97075
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    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)

  13. #13
    Senior Member Reputation points: 69645
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    Quote Originally Posted by Anthony@fundry View Post
    Lol and you won't?
    Im not knocking the idea of jumping right back into a deal, we do too after 2-3 weeks if there is room and the merchant is in need - but there are certain funders that wont, so its reassuring knowing there isn't a risk of getting stacked right away.

    Miss u bro.
    Last edited by Lmonus; 11-23-2020 at 08:42 PM.
    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

  14. #14
    Senior Member Reputation points: 69645
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    Quote Originally Posted by SmartAdvanced View Post
    Wow this was harsh. Coming from CFG (which happens to be a three letter Funder as well)
    Dont forget the "MS" CFGMS
    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

  15. #15
    Quote Originally Posted by Lmonus View Post
    Im not knocking the idea of jumping right back into a deal, we do too after 2-3 weeks if there is room and the merchant is in need - but there are certain funders that wont, so its reassuring knowing there isn't a risk of getting stacked right away.

    Miss u bro.
    Let's tear it up in the 600's when I get back from Miami next week.
    Anthony
    Senior Funding Coordinator
    Anthony@fundersconnect.com
    Direct: 201-523-2596
    Fundersconnect Is An Approved Vendor of Delta Bridge Funding Products

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