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  • Merchant w/2 recent settled defaults on another Company needs 15k

    Have a merchant who settled 2 recent defaults with another company he owns, recently funded $25k and needs $15k on Monday, located in NY in the hospitality industry doing roughly $55k monthly

  • #2
    Honestly, deals like this always feel tricky because on paper the numbers look decent, but those two recent defaults change everything. Even if they were settled, it still signals risk, especially with another company involved. A $15k ask right after a $25k funding feels aggressive. I’d probably dig deeper into cash flow consistency before even considering it

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