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10-30-2014, 12:53 AM #1
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
Who funds merchant with criminal background?
Who funds merchant with criminal background? Not that I want to push these deals but they sneak by sometimes at the last moment. Everything else being equal who will consider these?
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10-30-2014, 09:21 AM #2
- Join Date
- Aug 2014
- Posts
- 187
I've had this issue too...one of my merchants was put away for trafficking, but still got funded at one of the tier three shops....I would not trust someone who has a felony - that person can't get an SEC license, and sometimes can't even get banked. Probably best to move on to the next prospect.
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10-30-2014, 09:25 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital has funded such cases in the past..we believe in 2nd chances in life. it would come down to the Merchant Interview. Crime against Humanity is hard to forgive. but if he turned himself around and we feel that based on his current status in society we may fund the file.
SIGN-UP TODAY...
http://cresthillcapital.com/index.html#iso
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10-30-2014, 10:51 AM #4
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
Depends what the crime was, and how recent. If they are still on probation or parole then gonna be hard , because they could get locked up at any time. And if its a financial/fraud related crime then definitely going be hard to fund.
We have funded several businesses with criminal records, we fund them a starter/high risk program first and if they pay it back with no problems then we can get them into a traditional cash advance . you can email submissions@thelcfgroup.com for an ISO agreement
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10-30-2014, 03:27 PM #5
i can i did i will fund him i funded a few in my time let me show you what i can do thanks i m the funder
Quick Funding Group
Lawrence Beigelman
Vice President Of Operations
Main- 718-314-0774
Fax - 718-559-4831
Email-Lbeigelman@Rocfundinggroup.com
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10-30-2014, 03:34 PM #6
- Join Date
- Sep 2014
- Posts
- 720
Your "Main" office line is unlisted, you're using a gmail account, and there is no such thing as Quick Funding Group according the the NY Division of Corporations. Good luck!
QFG.JPG
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10-31-2014, 10:24 AM #7
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10-31-2014, 09:22 AM #8
- Join Date
- Oct 2014
- Posts
- 7
If the money is going in and out of the account and they have a deep History in Business I think that it doesn't matter, people make mistakes I think about how many people in our market place have Criminal backgrounds
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10-31-2014, 02:53 PM #9
Criminal record regarding financial crimes? I get it. But whatever happened to "paying your debt to society"? If the merchant already did that, they should be given a second chance. I'm not saying premium offer off the bat, but A CHANCE.
Like was said earlier, how many reps in this industry have criminal records? How about the executives of a couple of these funds? Let he who is without sin cast the fist stone
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