Can anyone fund behind a corporate turnaround? Strong financials
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  1. #1

    Can anyone fund behind a corporate turnaround? Strong financials

    Hi,

    Have a merchant who has a corporate turnaround/past default a while back but is looking for additional funds. Insurance agency averages 60k and has 5 figure balances. Can anyone fund? This is a clean 2nd position behind delta.

  2. #2
    Senior Member Reputation points: 1519
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    If there's payment history after the Corporate Turnaround/Default (Which you say there is) then we can definitely take a look at it and potentially give an offer.

    Feel free to send it our way, deals@clearfund.co

    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

  3. #3
    Email it to me ill see what we can offer,
    alex@mdcapitalny.com

  4. #4
    Quote Originally Posted by gnrcap View Post
    Hi,

    Have a merchant who has a corporate turnaround/past default a while back but is looking for additional funds. Insurance agency averages 60k and has 5 figure balances. Can anyone fund? This is a clean 2nd position behind delta.
    Only an idiot playing poker with other peoples money..

  5. #5
    Senior Member Reputation points: 301165
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    Quote Originally Posted by MCAFORDUMMIES View Post
    Only an idiot playing poker with other peoples money..
    mca for dummies should know that there are plenty of dummies out there .
    I just saw statements for someone with 6 active judgements that got 3 positions from companies that i have never seen or heard of.

  6. #6
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Personal loan. Could multiple fund it if Fico 660 or better. LoanMe if less. weekly or monthly payments. Have to see if that default shows up.
    Last edited by Olderguy; 11-02-2021 at 11:10 PM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
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    @ SBA loans - 7A and 504.
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  7. #7
    Give me a call. I might be able to help the client.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    815-878-0244

  8. #8
    Senior Member Reputation points: 217975
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    Quote Originally Posted by brandondresslerpfg View Post
    Give me a call. I might be able to help the client.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    815-878-0244
    Brandon, no you cannot help with someone who defaulted on an MCA. MCA defaults always have horrible credit and they have dozens of inquiries.

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