[closer129]

I do feel bad for the funder and **** like that happens to often but they technically were asking for it and other other funder that that happens to. I see iso reps boasting they they do not ask for any stips to fund. All is required is a one page application 3 months bank statements and a soft pull for an offer. Then to fund the deal a drivers licenses and voided check. Knowing that there is a lot of fraud out there with merchants and the brokers especially since covid where people defrauded the government on these edil and ppp loans why wouldn't they do that to our industry. For these funders not ask for a lot more stips especially on a deal that size.

[ihniwtw]

I do feel bad for the funder and **** like that happens to often but they technically were asking for it and other other funder that that happens to. I see iso reps boasting they they do not ask for any stips to fund. All is required is a one page application 3 months bank statements and a soft pull for an offer. Then to fund the deal a drivers licenses and voided check. Knowing that there is a lot of fraud out there with merchants and the brokers especially since covid where people defrauded the government on these edil and ppp loans why wouldn't they do that to our industry. For these funders not ask for a lot more stips especially on a deal that size.

It seems like you are one of the new guys that dont really knows the business. The idea is to fund so much that the profits cover the losses. No need to feel bad I am sure they will get out of it and outfund everyone next month. We still need to bail out ebf,forward,deltabridge,ondeck,moneywell,rdm,manti s,rapid on this big consolidation in the deal bin. There is 600k balance there, dont give us cold feet.

Keep sending the files to subs@fruitssaladcapital.com prior defaults? No problem