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08-26-2016, 02:25 PM #1
- Join Date
- Jul 2016
- Posts
- 6
Two Defaults
I have a merchant that does 50 to 60K a month, has a 1st position of $18,000 with a company. credit is 500 and has 2 defaults. He is looking for $30,000. Can anyone help him or is this really "dead"
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08-26-2016, 02:28 PM #2
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Seriously??
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08-26-2016, 02:31 PM #3
do yourself a favor and burn the file.. You dont want banks thinking you are pushing them bad business and with 2 defaults this is a bad file.. The commission on the deal is not worth your reputation.. BURN IT
John 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
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08-26-2016, 02:33 PM #4
- Join Date
- Jul 2016
- Posts
- 6
Lighting the match right now. Thanks
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08-26-2016, 02:35 PM #5
- Join Date
- Jan 2016
- Posts
- 435
might want to dump some gasoline on it for good measure
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08-26-2016, 02:45 PM #6John 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
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08-26-2016, 02:48 PM #7
- Join Date
- Jul 2016
- Posts
- 6
File already sent for cremation...... Thanks guys
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08-26-2016, 02:48 PM #8
- Join Date
- Jun 2015
- Posts
- 3,325
Who is the first position lender ?
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08-26-2016, 03:52 PM #9
If the client has real estate collateral, WBL will consider giving them a second chance. He will have to accept a minimum of $50,000 since that is our minimum loan size.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-26-2016, 07:26 PM #10
- Join Date
- May 2014
- Posts
- 187
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08-26-2016, 07:38 PM #11Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-29-2016, 04:58 PM #12
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Your client would benefit from this link
www.investopedia.com/terms/c/chapter10.asp
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08-29-2016, 05:03 PM #13
- Join Date
- Jun 2016
- Posts
- 416
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