highrisk funders paying off other high risk funders
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  1. #1
    Senior Member Reputation points: 49940
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    Quote Originally Posted by Lmonus View Post
    We pay off small balances but it really depends which "High Risk funders" you are talking about. Pearl, Fox, EBF, Expansion, Forward, FORA, Reliant and a few others are no issue. But the LCF, HFH, YSC, ACE, KASH, CBSG types of the industry we cant pay off. They will jump right back in the deal a week later so its pointless.
    Lol and you won't?

  2. #2
    Senior Member Reputation points: 70182
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    Quote Originally Posted by Anthony@fundry View Post
    Lol and you won't?
    Im not knocking the idea of jumping right back into a deal, we do too after 2-3 weeks if there is room and the merchant is in need - but there are certain funders that wont, so its reassuring knowing there isn't a risk of getting stacked right away.

    Miss u bro.
    Last edited by Lmonus; 11-23-2020 at 08:42 PM.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  3. #3
    Senior Member Reputation points: 49940
    Join Date
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    Quote Originally Posted by Lmonus View Post
    Im not knocking the idea of jumping right back into a deal, we do too after 2-3 weeks if there is room and the merchant is in need - but there are certain funders that wont, so its reassuring knowing there isn't a risk of getting stacked right away.

    Miss u bro.
    Let's tear it up in the 600's when I get back from Miami next week.

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