Quote Originally Posted by John Galt View Post
But you're not gonna get the 35k if hes in BK, default etc.....and you wasted your time, his time and the underwriters time because you took an app. And the underwriter thinks, here comes another piece of garbage from this salesman. You don't have to just sell MCAs, listen to the customer...maybe there's something else you can help him with. Credit remediation, factoring, collateralized loans, payroll financing etc.....Know your customer. Why lie to him and tell him, yeah you'll get 200K, educate him.
I never lied to him about getting 200K. If you re-read my post, if he is requesting 200K and grosses 50K, I would never say "Your never gonna get that you only qualify for about 25". I say "Ok great here's what I need and I will submit it into underwriting". I never said he will and I never said he won't get 200K.

Also, if he's in a BK or has a judgment from an advance company he won't even be submitted. Not that I haven't funded anyone while in an active BK.