Results 1 to 8 of 8
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04-14-2023, 11:03 AM #1
Reputation points: 242074
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Default from COVID
Jewelry dealer (flipper, no store-front, he does parties and private displays and sales), default with EBF when he was hospitalized during COVID and his FICO also took a hit. No new positive payment history. LCF rejected, East Shore is looking at it (they take forever), and I don't want to throw him to the dogs. He knows he's looking at 45-60 payments at an insane rate, but his margins are high enough that it makes sense for him. Good bank statements, 40k/month.
Any other funders want to take a look at this, he's expecting to hear back on on Monday. If you're a broker pretending to be a funder, I'll very likely know, so please don't even bother trying.
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04-14-2023, 11:36 AM #2
Reputation points: 12707
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- Nov 2019
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- 691
Did he satisfy the default after he got out of the hospital and went back to work?
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04-14-2023, 11:58 AM #3
Reputation points: 242074
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- Feb 2017
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Paying it off on chunks. 2500 left. They forgot about him and only started the collections process in December or something. Scott I'll send you the file
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04-16-2023, 12:29 PM #4
Reputation points: 23
- Join Date
- Jul 2022
- Posts
- 37
Send it our way bg@fundprollc.com
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04-17-2023, 09:13 AM #5
Reputation points: 242074
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- Feb 2017
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Risker, I am NOT sending business to anyone who doesn't have at least some sort of online presence that's more than a website that takes less than 2 hours to set up. Can anyone else on the board that is trustworthy vouch for you? "Fund Pro LLC" doesn't even exist as an LLC online. There's E Fund Pro LLC in Florida, but is that you?
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04-17-2023, 09:43 AM #6
Reputation points: 14
- Join Date
- Feb 2023
- Posts
- 13
submissions@livfunding.com (heads up he's looking at a 30day deal term: better than nothing if no one else has offers to give)
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04-17-2023, 03:04 PM #7
Reputation points: 10
- Join Date
- Apr 2023
- Posts
- 17
Hello Micah,
I can help you out with this one, please feel free to email me.
email: erika@clarityadvance.com
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04-18-2023, 11:39 AM #8
Send it over, I'll gladly give him a starter
We specialize in funding:
Deals w prior Defaults
"Over Leveraged" deals
All Positions (as long as there is space)
Low FICO scores
and all other "difficult" deals
To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
I look forward to hearing from you.
Rasheed Miller
(917) 933-3095 (text or call)
https://supremefunding.net/
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