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02-07-2020, 07:27 AM #1
- Join Date
- Feb 2017
- Posts
- 3,374
@MCAConsolidationLender Huh? What did I say? I was actually defending you.
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02-07-2020, 07:32 AM #2
- Join Date
- Jan 2020
- Posts
- 23
My apologies. Haha!!! So many people hitting at us allot of repeat people and it was up super early. Should of read yours all the way through just saw “brokers”. That was a honest mistake. Please disregard and thank you!!! You are 100% correct in your analogy just we’re not brokers. Let’s talk later!
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02-07-2020, 12:49 PM #3
- Join Date
- Aug 2016
- Posts
- 827
Answer this question.Why will you not fund a merchant with no balances?Hell we all do a ton of business with loan me for the guy that is hooked on monthly at double the rate you are offering.Bottom line you are working out a "discount" which is a form of debt relief.
I have sent out emails to a couple of my big funders and not one will confirm by email that they will be ok with me brokering this product.I really wish at least one f...g funder on here will comment how they will react.
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02-07-2020, 01:33 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
Lol. Micah is has been the only one defending Lendabiz. And quite honestly, I think he understands the industry as good if not better than anyone in the industry, so because of that I was willing to be open-minded.
Here’s my question to Lendabiz: you say you negotiate with the lenders for a lower payment. Is merchant ever made aware of that lowered balance? If not, why not?
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