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11-16-2020, 11:21 AM #1
- Join Date
- Apr 2019
- Posts
- 318
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.
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11-16-2020, 01:35 PM #2
- Join Date
- Apr 2018
- Location
- Aspen, Co
- Posts
- 30
Sure. subs@funduracap.com
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11-18-2020, 11:44 PM #3
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
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11-16-2020, 04:36 PM #4
- Join Date
- Aug 2014
- Location
- New York, NY
- Posts
- 71
We will look at these.
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11-17-2020, 12:04 PM #5
We do this also.
Global Factors LLC
877-934-5622
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11-17-2020, 12:16 PM #6
- Join Date
- Jun 2014
- Posts
- 541
Cooper will payoff any position-
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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11-17-2020, 03:34 PM #7
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 201
Yep
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11-17-2020, 03:44 PM #8
- Join Date
- Oct 2019
- Posts
- 8
We can get that done quickly
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11-18-2020, 01:29 PM #9
- Join Date
- Jan 2017
- Posts
- 389
Yes, we do that!
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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11-20-2020, 11:08 AM #10
- Join Date
- Mar 2016
- Posts
- 908
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
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11-20-2020, 11:58 AM #11
- Join Date
- Aug 2014
- Posts
- 620
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11-23-2020, 08:36 PM #12
- Join Date
- Mar 2016
- Posts
- 908
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
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11-24-2020, 12:12 AM #13
- Join Date
- Aug 2014
- Posts
- 620
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11-22-2020, 11:43 AM #14
- Join Date
- Jun 2015
- Posts
- 754
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11-23-2020, 08:36 PM #15
- Join Date
- Mar 2016
- Posts
- 908
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
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