[Michael I]

First time i saw them in a deal was today they gave a merchant that defaulted on 3 lenders 50k and that was not even the crazy part. The merchant was negative 35k right before funding ,he transferred from his personal account got funded and transferred the 35k out. I might need to get over how much of a scumbag Marcus is. Marcus do you officially fund active defaults or was it a mistake?

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If it was 57k i saw the same deal , that guy has 10 different bank statements and knows the game well

[MCA-VET]

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If it was 57k i saw the same deal , that guy has 10 different bank statements and knows the game well

What keeps the good funders around is this industry is (sadly) having defaults....(Newbies slowdown and get scared rightfully so + they dont have the good performers to purify the portfolio )Those funders with 50M-500M on the street can handle a spill in aisle 17.

[DonMcGrath]

What keeps the good funders around is this industry is (sadly) having defaults....(Newbies slowdown and get scared rightfully so + they dont have the good performers to purify the portfolio )Those funders with 50M-500M on the street can handle a spill in aisle 17.

Regardless of anything else, that is kind of a boss response, I have to admit....