LendAbiz
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  1. #1
    Senior Member Reputation points: 222108
    Join Date
    Feb 2017
    Posts
    3,374

    @MCAConsolidationLender Huh? What did I say? I was actually defending you.

  2. #2
    Quote Originally Posted by abfunders View Post
    @MCAConsolidationLender Huh? What did I say? I was actually defending you.
    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!

  3. #3
    Senior Member Reputation points: 107104
    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.

  4. #4
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by abfunders View Post
    @MCAConsolidationLender Huh? What did I say? I was actually defending you.
    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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