Who would fund a merchant that defaulted?
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  1. #1
    Veteran Reputation points: 135672 Chambo's Avatar
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    seriously? they defaulted on another fund, and you want a new fund to extend $100K to them?

  2. #2
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    Quote Originally Posted by Chambo View Post
    seriously? they defaulted on another fund, and you want a new fund to extend $100K to them?
    Must be a relatively old UCC lead. Leave no stone unturned especially if you have funders like WBL willing to take collateral for the risk.

  3. #3
    How quick does wbl fund?

  4. #4
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    Quote Originally Posted by ace.of.spades View Post
    How quick does wbl fund?
    2 weeks

  5. #5
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by Michael I View Post
    2 weeks
    Sounds about right. We are the only option for this type of borrower.

    Please give me a call or email using my info below and we can speak about it.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
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    Quote Originally Posted by Chambo View Post
    seriously? they defaulted on another fund, and you want a new fund to extend $100K to them?
    Why do you take things so personal?Someone who has sub 500 credit(meaning screwed everyone)you will fund. But if someone screwed a competitor with a good story, you will not even consider it.

  7. #7
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    Quote Originally Posted by RickyR3712 View Post
    Why do you take things so personal?Someone who has sub 500 credit(meaning screwed everyone)you will fund. But if someone screwed a competitor with a good story, you will not even consider it.
    I agree....! On a side Note for Chambo to keep in mind...that hes making a living and paying his bills of the backs of defaulted merchants (at this point hes rolling his eyes and thinking i'm accusing him of something...read on..) but if not for defaults everyone and their mother would be funding merchants and since no defaults rates would be 1.05-1.11 and commissions would be with bonus $99.00 bucks
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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