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  1. #31
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Michael I View Post
    john come on dont you know that 2 wrongs make a right . lol
    Factoring companies dont like us but legally we do nothing wrong.. Obviously that is exactly the same as stacking I dont know how I couldn't see that<~~~~~ EXTREME SARCASM

    And Marcus to go further most A paper funders now ask to see a copy of a merchants factoring contract as a closing stip prior to funding to make sure that they are not breaching the contract the merchant has in place. I have had to get this on a number of deals where there was a factoring deal seen in the bank statements. So the A paper banks are taking the necessary steps to make sure they dont breach existing agreements
    Last edited by J.Celifarco; 09-08-2016 at 12:56 PM.
    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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