[J.Celifarco]

I have a merchant that defaulted last year on a ACH loan, Bad credit (under 500), but Company has good cash flow ($1.2 M gross annual sales). Do you know any funders that knowing that payment history will fund this merchant??

Please let me know.

Got to agree with everyone on this page has already said.. THROW IT IN THE TRASH. Its not worth it to fund a deal that you know will probably go bad. You are gonna put in all this work then worst case scenario it goes bad 1st 30 days and then they pull back commission, best case it goes bad after 30 days and a bank you had a good relationship with is now looking for reasons to decline your deals instead of funding them because they will think all your deals are bad.. Do yourself a favor drop it and move on, if it goes bad after funding it will cost you more money then you would've made on it

[AndyYSCISOdept]

Got to agree with everyone on this page has already said.. THROW IT IN THE TRASH. Its not worth it to fund a deal that you know will probably go bad. You are gonna put in all this work then worst case scenario it goes bad 1st 30 days and then they pull back commission, best case it goes bad after 30 days and a bank you had a good relationship with is now looking for reasons to decline your deals instead of funding them because they will think all your deals are bad.. Do yourself a favor drop it and move on, if it goes bad after funding it will cost you more money then you would've made on it

Johnny C droppin knowledge like its going outta style! Preach brotha!