Results 1 to 15 of 15
Threaded View
-
11-17-2021, 05:32 PM #6
Reputation points: 2671
- Join Date
- Sep 2021
- Location
- Cali
- Posts
- 33
Lets take the "WE FUND DEFAULTS AND SUPER SUPER HIGH RISK" marketing strategy out of this convo for a second.
As someone who rarely works on deals with default history, is everyone else seeing more defaults deals coming around (including the funders & brokers that don't market to funding defaults) ?
My thought process is:
1.there are only a limited amount of new deals coming into circulation.
2. there are more and more funders popping up who are desperate to fund. so you see deals that default once. then a second time and even a third.
3. I have also noticed that some of the corporate companies, who fund anything, are funding previous default deals without knowing, causing other funders to blindly stack them since they see some payment history and assumed the corporate company did the underwriting.
Similar Threads
-
Deal Flow Discussion
By Fundkite Egor in forum Merchant Cash AdvanceReplies: 4Last Post: 04-09-2021, 09:58 AM -
Who wants help with their defaults?
By TradeNicely in forum Merchant Cash AdvanceReplies: 1Last Post: 10-05-2020, 02:03 PM -
An Honest Discussion about Sales Campaigns, Leads, Conversions and Budgets
By aak723 in forum Merchant Cash AdvanceReplies: 37Last Post: 05-07-2014, 12:30 PM -
Panel Discussion Video-alternative lending
By MCAVeteran in forum Merchant Cash AdvanceReplies: 7Last Post: 10-31-2013, 01:02 PM -
DRP MCA/Loan Processing Discussion
By nwarshaw in forum Merchant Cash AdvanceReplies: 21Last Post: 07-31-2013, 04:31 PM