[Fundyman]

I'll give u a funnier one:

$50K balance w/ Happy Rock,
Happy Rock settled for $800/mo!

I'm thinking if merchants knew, they would automatically default! But then, that would kill everything in the industry, especially syndication!

[Chambo]

I'll give u a funnier one:

$50K balance w/ Happy Rock,
Happy Rock settled for $800/mo!

I'm thinking if merchants knew, they would automatically default! But then, that would kill everything in the industry, especially syndication!

Many merchants do the calculations, look over paperwork, consult with attorneys....

Then threaten default. Of course, the fund offer settlement for them...and merchant gets the 2 year, 15% deal they originally wanted.

Thanks to all the stackers out there, and smaller funds who don't care about history with fund #1, they know they can always go out there and get more money when they need it.

Rinse, repeat