[bsmith]

Just curious as I have come across a few business owners who have done time for a felony. Are there any funders that are currently working with merchants like this?

[AndyYSCISOdept]

Honestly this comes up a lot and ultimately it comes down to an individual underwriters comfort with the business owner. Obviously anything recent or Financial -related would be a big no no. But if the crime happened 15 years ago (lets say Drug possession for arguments sake) and the merchant has "paid their debt to society" and all other items are in order I see no reason not to give them a shot.

I will play devils advocate here, what's a safer bet, the guy with No balances 700 FICO and solid cash flow with a 10 year old felony or the guy with 3 positions 550 Fico and NSF's but has NO criminal history?

[FCF Fund]

I have never seen a merchant with a felony conviction with a 700 FICO, those 2 terms rarely go together lol

But you have a valid theory

[TheShitzuofMCA]

I've seen the sweetest 90 year old lady with 6 kilos in the back of her trunk. Trust no one! lol

[FUNd]

Honestly this comes up a lot and ultimately it comes down to an individual underwriters comfort with the business owner. Obviously anything recent or Financial -related would be a big no no. But if the crime happened 15 years ago (lets say Drug possession for arguments sake) and the merchant has "paid their debt to society" and all other items are in order I see no reason not to give them a shot.

I will play devils advocate here, what's a safer bet, the guy with No balances 700 FICO and solid cash flow with a 10 year old felony or the guy with 3 positions 550 Fico and NSF's but has NO criminal history?

Someone with a 550 FICO score is a criminal.

[TheShitzuofMCA]

@Fund 550 I've seen a FICO 386. I think you actually have to kill a creditor to get below 400.

[FUNd]

I've seen the sweetest 90 year old lady with 6 kilos in the back of her trunk. Trust no one! lol

Grandma again? I told that old bag to stop running dope for the cartels.

[HFS]

Yellowstone; except the gambling machine guy that was the FBI's most wanted list.

[HFS]

I've seen the sweetest 90 year old lady with 6 kilos in the back of her trunk. Trust no one! lol

305 tatted across her left breast. Welcome to Miami.

[Michael I]

first time i got that the tlo pulled up murder . served a 25 year sentence