[FUNd]

I just got a file and pretty sure its dead unless one of you have an idea. Florida based roofer who does over 3 million a year and had an advance with snap. They got into a dispute and his attorney told him to stop paying and let the court decide the balance. So he did - so he defaulted on Snap and then paid the court judgement.

Any ideas on how to get this funded?

Get a real job.

[michaelh]

So your saying that if a Funder and a customer have a legitimate contractual dispute that the Customer has no legal rights and must pay what the lender demands no matter what? How do you propose a contractual dispute is resolved?

[Chambo]

So your saying that if a Funder and a customer have a legitimate contractual dispute that the Customer has no legal rights and must pay what the lender demands no matter what? How do you propose a contractual dispute is resolved?

Not arguing that at all, but to try and get funding from someone else in the middle of all that?

[J.Celifarco]

So your saying that if a Funder and a customer have a legitimate contractual dispute that the Customer has no legal rights and must pay what the lender demands no matter what? How do you propose a contractual dispute is resolved?

he signed a contract agreeing to pay the a designated $ amount to the bank for the money that they gave him. What type of contractual dispute could there be that would negate the merchant obligation. Secondly even if the merchant was right most banks in the space would not take the risk lending unsecured money to a merchant who defaulted on another lender in the space no matter what the circumstances are. The risk far outweighs the reward

[Michael I]

he signed a contract agreeing to pay the a designated $ amount to the bank for the money that they gave him. What type of contractual dispute could there be that would negate the merchant obligation. Secondly even if the merchant was right most banks in the space would not take the risk lending unsecured money to a merchant who defaulted on another lender in the space no matter what the circumstances are. The risk far outweighs the reward

i had one where my merchant was 100% correct and the lender was being an idiot . regardless of that no one will want to touch it in till it went off his credit report . since then i have funded him 4 times and he is still paying back like a champ.

regardless of what i just said i fully agree that the risk outweighs the rewards because 9 out of ten times the lender is right