Who Funds Defaults?
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  1. #1
    Senior Member Reputation points: 14091
    Join Date
    Mar 2019
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    254

    Quote Originally Posted by Yankeeman07 View Post
    You got a decline from Yellow - so that should provide you some insight.

    You don't mention the amount of funding they are seeking?
    Are those monthly deposits?
    If YS knows its a default, they wont fund it. Its possible they dont always catch it.

    I had a deal that defaulted (paying collections) on us get resubmitted, and see that an "A" paper funder give the merchant money.....some funders dont care, some dont check.

  2. #2
    Banned Reputation points: 2321
    Join Date
    Dec 2018
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    19

    We fund defaults, with or without satisfied judgements.



    Cy Eskenazi**| C.E.O
    305-467-2123
    cy@wgfinancinginc.com
    WGFinancinginc.com

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