Results 1 to 25 of 34
Hybrid View
-
05-19-2015, 04:04 PM #1
Reputation points: 99426
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
It would be interesting to know what the default risk is for each successive advance that a merchant takes. I would assume that every new advance raises the default risk considerably. In this case, the 4th advance was the one that did the merchant in.
-
05-19-2015, 04:22 PM #2
But even then, how can one say it was from the advance? In my hometown, just about every small business fails within 5 years, but most within 1 or 2 years. Nobody makes it, yet there is always someone willing to rent out the space the day the previous businesses shuts down. Small businesses there are like speculative short term investments. Make what money you can and then close up or cut your losses and leave. It's not like that everywhere though.
All small businesses eventually fail, that is why very few are celebrating 200 year anniversaries.
-
05-19-2015, 04:27 PM #3
-
05-19-2015, 04:55 PM #4John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
Similar Threads
-
possible to work for an ISO from Brazil? would appreciate any advice...
By rawh in forum Merchant Cash AdvanceReplies: 7Last Post: 03-12-2015, 10:23 AM -
Need advice please
By SUPERIORFUNDING in forum Deal BinReplies: 3Last Post: 12-30-2014, 02:42 PM -
Any Advice on where to advertise to get new business???
By Apistone in forum Merchant Cash AdvanceReplies: 10Last Post: 09-25-2014, 03:33 PM -
Advice for the day!
By mcaguru in forum Merchant Cash AdvanceReplies: 8Last Post: 06-17-2014, 04:36 PM -
need advice on higher sales person to deal with ISO/brokers
By halasniks in forum Business LoansReplies: 2Last Post: 04-16-2014, 03:04 PM