[Youneed2know]

County Auto Auction

I know that at some time or other almost everyone in the industry has seen this deal. I have a warning for anyone else who is currently looking to fund them. I recently worked with an ISO who has funded them, before and was looking for new funders since they exhausted the limits of their current funders. *

The deal is stacked to death and there is no way this guy can afford to keep paying without getting more money, this guy is going to default, and the broker basically told me he has a plan in place to be able to “stop paying his existing advances”, that is all I needed to hear. But I know this guy is going to be looking all over for new money for this merchant.

[FCF Fund]

Merchant is based in Florida right? I def just saw and passed on this before I even read this thread lol

Good job in being transparent and ethical!

[Youneed2know]

Yes this is the one in North Florida.

[FCF Fund]

Yea, hes a MCA addict...ive seen him multple times over the course of 4 years approx

[SReich]

This guy is the definition of a DISEASE

[Moneyformerchant]

We need more and more guys like this being upfront. Merchants like this will only cause problems.