TVT CAPITAL- Any feedback?
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  1. #1
    Quote Originally Posted by kevin@rossi View Post
    had a deal i funded with them
    gave 100k plus, 5 monthly plus on a weekly - behind A paper funder

    all is going well. a few months later i submit docs for refi and we find out that the merchant (not from me) takes another 100k or so deal from another funder.
    TVT calls merchant and threatens with legal and makes merchant go onto a daily.
    Keep in mind deal is over 50% paid in and NEVER missed a payment.

    They lost a good deal
    they lost me
    and i lost a merchnat
    lol the EXACT same thing happened with me. word for word.

  2. #2
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    Quote Originally Posted by dollarbillz View Post
    lol the EXACT same thing happened with me. word for word.
    Nice! hope it worked out for you in the end. When we assume all the risk on a deal, we'll do as we see fit to protect ourselves. Which deal though? So we can provide a bit more detail into the situation. Sincerely hope it didn't cause you to lose business, that is never our intention.

    Quote Originally Posted by NoBiggie;
    Love this whole response
    Every. Single. Word.
    Thanks!!!! Appreciate the kind words for a change!!
    Anthony Diamond
    Underwriter

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