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04-23-2021, 10:02 AM #1
Reputation points: 1519
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
These deals are doable, but usually funders that do fund them would start off with a small dollar amount short term starter deal, regardless of what the merchants rev is, they wanna see if there's long term potential, and if he wants to right his wrongs before they throw money at a previous default. (10-25k 30-45 days)
being a satisfied default vs an open default would also make a big difference, and what the settlement was will make a diff as well.
ClearFund does those deals as they come, but it's not what we're looking for.
Thanks.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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04-23-2021, 01:57 PM #2
Reputation points: 257
- Join Date
- Mar 2017
- Posts
- 37
We would provide factoring in a default situation. Let me know if I can help.
Kevin Sampson
Capital Solutions Bancorp
http://capitalsolutionsbancorp.com
ksampson@capitalsolutionsbancorp.com
706-745-8435 Office
561-436-5883 Cell
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