Were actively working with a number of carriers affected by this situation to identify solutions for their unique situation. Q. Section (c) states that an event of default occurs when any guarantor fails to perform their obligations to Purchaser. Is your factoring company next? Continued updates as they occur. 1-5 Months
Wait. googletag.enableServices(); googletag.pubads().collapseEmptyDivs(); Shim Sacks did not respond to FreightWaves request seeking comment. This clients business has performed impressively over the past months with a solid base of customers. She is an award-winning journalist known for her investigative and business reporting. If you want to factor with LoadX Factoring the rate is 3.5% non-recourse, month to month, free same day and next day pay, no hidden fees. If this process runs as planned, our fees will be very manageable and divided among the group. You can look up in public records the filing made in Parker County, TX. CoreFund Capital trying to run business as normal for carriers during receivership however they have been met with numerous road blocks provided by numerous not so friendly factors, however the largest roadblock at this moment is Triumph Business Capital also known as TBK Bank holding well over 2 million dollars, for funding from CoreFund Capital. The petition states that CoreFunds bank accounts (and thus entire business) have been wrongly shut down. Subject to subsection (h), if requested by the. This will expedite helping you move on to a new factor, without waiving the right to get your Reserves released (that will be step 2). The last thing we want to see them do is to lock themselves into long-term contracts as a short-term fix. window.googletag = window.googletag || {cmd: []}; s inability to obtain, or increased costs of, alternative financing. Update 7/28: Freightwaves just published a comprehensive update of the CoreFund situation. Jason Medley, partner with law firm Spencer Fane in its Houston office, is representing more than 100 trucking companies that were affected by the CoreFund shutdown. Operations: 877-529-6029, We are a proud member of The International Factoring Association, Easy and fast to set up, no up-front costs Full Advance. Can I invoice loads directly and have the broker pay me? googletag.enableServices(); (b) [Agreement does not prevent transfer.]. Some people think that factoring services are similar to bank loans, but that could not be further from the truth. We are doing everything in our power to restore things back to normal operations however we are currently unable to do so therefore we understand if our clients need to make other arrangements., CoreFund Capital Facebook Post, 7/22/2022 at 1:25pm cst, All, I would suggest you contact OOIDA. Attorney Jason Medley also stated his team has an emergency order ready to be filed Friday night if it doesnt look like progress with terminations have been made. }); googletag.cmd.push(function() { We just need them to be allowed to do so.. They deliver factoring services as promised and provide exemplary customer service. CoreFund Capital, a factoring company based in Weatherford, Texas, went dark the week of July 18, 2022 with no warning or communication to clients or the public. In observance of Martin Luther King, Jr. Day, Bobtail will be closed on Monday, January 16. (2) if the collateral is consumer goods, a person that was a debtor or a secondary obligor at the time a secured party failed to comply with this part may recover for that failure in any event an amount not less than the credit service charge plus 10 percent of the principal amount of the obligation or the time-price differential plus 10 percent of the cash price. Thank you for your message. A. Contacts 7. jmedley@spencerfane.com. 2. Our Take: Simply put, if the secured party (CoreFund) is not following the UCC regulations you have the right to file a lawsuit against them for damages incurred due to their failure to comply. The amount that remains is kept as a reserve by the factoring company and paid after the invoice is cleared by the trucking company's client. It is never an easy situation to deal with when something like this happens and people are out of work through no fault of their own. According to court documents, Shim Sacks founded CoreFund Capital in 2014. 5 stars all day long Date of experience: November 08, 2019 Share SC Sherwyn Cox 1 review US Aug 24, 2019 #trucking #factoring #owneroperatorLooking for a reputable factoring company? Alternatively, you may file a termination demand letter with CoreFund. 5) No Online reviews, Your email address will not be published. googletag.pubads().enableSingleRequest(); Keep in mind that NO factoring company has the ability to get you immediately released from your UCC or NOA as it stands right now. The court will consider appointing a receiver. While the old trust only named Shim Sacks children as beneficiaries, the new trust lists both brothers children as beneficiaries. googletag.cmd.push(function() { Weatherford, Texas, United States; 11-50; Private; www.corefundcapital.com ; 478,758; Highlights. googletag.cmd.push(function() { Thank you everyone. Trucking is a community-based industry chances are, you have a friend whod be willing to lease your truck(s) under their authority. Unless you plan on staying with CoreFund, it is best to hold onto those invoice and send them to your new factor when you receive your release. CoreFund Capital specializes in business financing through invoice factoring. Somebody needs to go to jail for the hardships that youve caused in the past 2 mths! They provide factoring services for. In a status hearing via videoconference on Wednesday with factoring companies, as well as attorneys and truckers, Medley said carriers just want to get back to work even if that means leaving CoreFund for another factoring company. which never claimed an interest in the collateral or obligations that are the subject of a request under that section has a reasonable excuse for failure to comply with the request within the meaning of this subsection. Any invoices uploaded during this time will be processed on Tuesday, January 17. According to court documents, Meir Shim Sacks founded CoreFund Capital in 2014. The petition states that CoreFunds, have been wrongly shut down. CoreFund Capital LLC, a freight factoring company, is a provider of financial services, specializing in business financing through invoice factoring. This is very different from bank loans which influence the businesses debt to equity ratio, credit score, etc. Create your own unique website with customizable templates. By having access to a Business Finance Consultant you have access to hundreds of funding sources across the United States as well as Canada, Australia and the U.K. 3 Years
Send me an email. Feel free to pass this information along as you see fit. Our Take: This section dictates that the account debtor (the client or a broker) can request from the assignee (CoreFund) reasonable proof that the assignment has been made (a Notice of Assignment). , the secured party may claim a security interest only as shown in the list or statement included in the request as against a person that is reasonably misled by the failure. googletag.cmd.push(function() { He warned factoring companies to be cautious if they decided to fund truckers because of the UCC liens and the notice of assignments that are still in place with CoreFund. Please know that every employee of CoreFund wishes more than anything we could have continued funding our clients and now that we could release them and end this awful mess but even if we terminated a UCC or sent a release letter it would not be enforceable given we are no longer employees of CoreFund. CoreFund Capital, a factoring company based in Weatherford, Texas, went dark the week of July 18, 2022 with no warning or communication to clients or the public. PERSONS ENTITLED TO FILE A RECORD. Jason is able to send this demand letter for you if you request it. Also needed is a revocation of a notice of assignment that is sent to the truckers customers instructing them to make a payment to CoreFund, which in turn pays them. We appreciate how complicated this process and situation can get, especially for smaller carriers. Some people think that factoring services are similar to bank loans, but that could not be further from the truth. CoreFund is happy to be able to provide them the working capital needed to help expand and grow their business, Bonnie Castillo, president of CoreFund Capital, said. VP with Express Freight FinanceTel: 770.500.9435adellinger[at]expressfreightfinance.com. googletag.pubads().enableSingleRequest(); As of right now, NO FACTORING COMPANY has the ability to release you from your NOA or UCC. altLine The Southern Bank Company - Low fees, accounts receivable-based financing. As part of the original trust, Shim Sacks granted special power of appointment to Jacob Sacks. googletag.pubads().collapseEmptyDivs(); By checking this box and clicking the "Send me job offers" button below, I represent that I: By checking this box and clicking the "Send me job offers" button below. As of Monday night, July 25th, the company confirmed via Facebook that, unfortunately, the entire CoreFund team was terminated. IMPORTANT: WE ARE RECEIVING MORE AND MORE CALLS FROM TRUCKERS STATING THEY ARE RECEIVING CALLS FROM FACTORING COMPANIES THAT CLAIM THEY HAVE A SPECIAL AGREEMENT WITH THE COREFUND RECEIVER TO GET YOU RELEASED FASTER THESE ARE SHADY TACTICS THAT ARE NOT TRUE. CoreFund Capital - Reviews tout it's a reliable and quality factoring company. It also names CoreFunds longtime president, Bonnie Castillo, as the sole manager of CoreFund. simple, transparent, and reliable Factoring Program. I Need CDL Training
CoreFund is a wholly owned subsidiary of GMA Fund LLC, the holding company for the Shim Sacks Family Legacy Trust, which he created in October 2014. The petition is asking the Parker County, Texas District Court (. Can any factoring company get me a CoreFund release faster? Trucking only produces 6-10 % profit, paying factoring companies takes from your profit. Not likely. This still has some risks if the Debtor actually owes money to the Secured Party. We are in contact with the International Factoring Association, the largest factoring association in the world, and also the association that both CoreFund and we at LoadX Factoring are a part of. View All Contacts . I have provided information to them in hopes they can also put pressure on Shim Sacks and Chris Wakefield, the parties responsible for shutting our doors with no plan of how to take care of the carriers. (2) the amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by Section 9-513(a) or (c), the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed. This CoreFund issue is exactly why we started LoadX. CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. In fact our agreement is online for the world to see. If you or someone you know needs support, please dont hesitate to reach out. gptAdSlots.push(gptSlot); Our best advise is to speak with an attorney. We will continue to post information here as the situation changes. As part of the original trust, Shim Sacks granted special power of appointment to his brother, Yaakov Jacob Sacks. googletag.pubads().enableSingleRequest(); Since Parker County, Texas, District Judge Graham Quisenberry appointed Hassenger as the receiver for CoreFund last week, Hassenger and former employees are back in the office working to reestablish the CoreFund operations., On Friday, Michelle Buckalew, managing director of PR firm Sunwest Communications, said CoreFund is fully operational as Hassenger, along with CoreFund employees, work on addressing customers needs and providing them with cash flow solutions and the level of care and service they deserve.. The two attorneys we suggest are Jason Medley and David Jencks. CoreFund Capital | Weatherford TX Trust your transportation leasing and finance needs to Convoy Leasing & Sales. googletag.enableServices(); I have several carriers and other factors I am assisting with this, and Im sure other attorneys are too. However, a debtor or secondary obligor whose deficiency is eliminated or reduced under Section 9-626 may not otherwise recover under subsection (b) for noncompliance with the provisions of this part relating to collection, enforcement, disposition, or acceptance. UCC Filings are a standard part of almost all factoring agreements. the courts order moves us much closer to addressing the needs of CoreFunds factoring customers.. We want to be transparent. Except as otherwise provided in subsection (b) and Sections 9-406, 9-407, 9-408, and 9-409, whether a debtors rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article. CoreFund Capital can help you manage cash flow by purchasing your outstanding invoices through a process called transportation factoring or freight bill factoring. Prior to the judge appointing a receiver, Medley had a chance to speak at Wednesdays hearing regarding a civil lawsuit filed by CoreFund Capital, which seeks a restraining order and temporary injunction, as well as application for appointment of an attorney for trust beneficiaries against Frost Bank, TBK Bank, Chris Wakefield and Meir Shim Sacks. A recipient of a request under Section 9-210 which never claimed an interest in the collateral or obligations that are the subject of a request under that section has a reasonable excuse for failure to comply with the request within the meaning of this subsection. But a buyout, or any other type of method through normal means, is impossible right now because there are no staff to process this. Many of you are now aware that CoreFund is currently closed due to an ongoing lawsuit and that all staff was terminated last week and is now legally unable to conduct any business whatsoever. Hes concerned about not being able to pay these carriers since hes had no communication with any of CoreFunds executives. Cash Flow, Invoice Factoring, Financial Services, Accounting, Customer Service: Founded: 2015: They answer questions and handle our business promptly in a professional and courteous manner. Our Take: Even if your contract with CoreFund states that the transfer of rights is prohibited (a new factoring company takes over in case of default), this section does not allow such prevention. Each company we work with has specific experience requirements for their drivers. A freight factoring line from Charter Capital is your solution for obtaining funds and services to operate and grow your trucking company. Melissa Harris joined CoreFund Capital as vice president. Now some of you may have noticed in your CoreFund contract. You'll have access to over 81,000 square feet of coworking space, 900 tech-focused events, 150+ of the top tech mentors in Texas, quarterly Founders . There are additional workarounds that can be explored.. Before you become an O/O you should take business classes and have atleast 20k in the bank. googletag.cmd.push(function() { 9-509. Factoring involves three parties, the buyer, the seller and the factor. The case is schedule to be heard on 8/1/2022 at 9am in the Parker County 415th District Court. Our team was amazing and worked hard to build a reputation of taking care of our clients and now through the deliberate and selfish/hurtful/evil actions of one person that has all been ripped away from us. Ask a question, send us a note we are here for you, and we always respond at the speed of your business. Everyone trying to call their account representatives or the general phone number were left getting only voicemails or mailbox full notifications. authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed. A good factoring partner will have tools and expertise that help you with everything you need, not just same-day cash. }); While the old trust only named Shim Sacks children as beneficiaries, the new trust lists both brothers children as beneficiaries. On Aug. 4, the factoring company reopened for business. If CoreFund does not reply to the demand within 20 days, you may try to proceed with this method. With month-to-month agreements and no hidden terms or fees, why not start getting your cash fast today, All rights reserved. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Unfortunately, there will be a very small number of factoring companies that may try and take advantage of the situation and make claims that are completely not true. Can any other factoring company factor my loads right now. If youre looking for a new factoring service and youre coming from CoreFund, give us a call +1 (410) 204 2084. A. While the effect is not immediate the receiver still needs to officially step into the process by paying a bond, etc. We know about them shutting down and owing money. The case is scheduled to be heard in the Parker County, 415th District Court under Case No. I truly can't be more thankful to this company and it's staff for doing everything they say they will do. the court order brings us much closer to meeting the needs of CoreFunds factoring clients.. In this video we will be talking with Todd Waller from CoreFund Capital about invoice factoring. Factoring - https://www.corefundcapital.com/ . While the effect is not immediate the receiver still needs to officially step into the process by paying a bond, etc. googletag.pubads().enableSingleRequest(); And there are tons of great factoring companies that are ready, willing and able to pick up the pieces. CoreFund Capital's services include: Non-recourse factoring programs Same-day payments Full advance programs It not only details their actions, but also provides their home address., CoreFund Capital Facebook post, 7/23/2022 at 10:00pm cst. There is no doubt that CoreFund Capital is an outstanding factoring company. This is exactly why factoring companies suck. Good Afternoon Everyone, Will they? googletag.cmd.push(function() { OTR Solutions - Fastest funding and best true non-recourse factoring program. In theory, this would be a free process much like any normal day if you wanted to get out of your CoreFund agreement before any of this had happened. Harris has 20 years of experience in the factoring industry, working in general factoring early in her career and specializing in transportation factoring for the past 17 years. In basic terms, UCC stands for Uniform Commercial Code. Each state has its own legal and financial laws, but for businesses that typically operate across state lines, a UCC is a common set of laws that multiple states agree and abide by. Q. Our commitment is to our clients by providing them with. }); She said Hassenger plans to release the carriers that want to find a new factoring company but that many are choosing to stay with CoreFund.. GET PAID Get your cash deposited in your bank account fast! Get on the road, stay on the road, and grow. If you send them to CoreFund they will be placed in an already long queue. . The credit facility was structured by CoreFund Capital with a wholly-owned subsidiary of a publicly traded company through an amended secured accounts receivable facility. CoreFund Capital facilitated an increase to the credit facility for a global logistics and freight forwarding company. A. googletag.cmd.push(function() { Don't spin your wheels on complicated lease terms or tedious invoice processing. I had a carrier trying to get us to pay him directly hes called me a dozen times today but theres nothing we can do until we have a notice of assignment from CoreFund that this trucking company has gone to them for funding and CoreFund sends us an invoice, which we will pay the same day, Ginevra told FreightWaves. The court documents state the rationale for wrongfully shutting down CoreFunds business resulted from a spat between Wakefield and Sacks. As part of the original trust, Shim Sacks granted special power of appointment to Jacob Sacks. fails to comply with a request regarding a list of collateral or a statement of account under Section. Please try again later. Great article for financing spectators such as us along side informative work around to make sure we have the back bone strong enough to handle all our clients through this. The initial credit line provided to the client on May 31 was increased from $12 million to $25 million on Nov. 2 to provide the necessary availability to support ongoing growth for the client. If you have a news tip or story idea, send her an email to, Copyright 2023, All Rights Reserved, FreightWaves, Inc, Carriers unable to pay drivers, buy fuel after CoreFund Capital closes, Loaded & Rolling (Enterprise Fleet News/Analysis), Read why truckers use factoring to ease cash crunches. ALIENABILITY OF DEBTORS RIGHTS. However, late Thursday, Parker County, Texas, District Judge Graham Quisenberry appointed a receiver on behalf of CoreFund, which may help truckers gain access to funds more quickly. 04/30/2022. NOT SO FRIENDLY FACTOR TRIUMPH BUSINESS CAPITAL. As with the previous question, if a factoring company does factor a load for you without a CoreFund release and new NOA then that factor may never get paid. Factoring entails purchasing accounts receivables from a business at a discount. Tony Ginevra, director of operations for Florida-based John J. Jerue Truck Broker, works with a network of 50,000 trucking companies, including 140 carriers in his database that factor their receivables through CoreFund Capital. (6) fails to comply with Section 9-616(b)(2). googletag.pubads().collapseEmptyDivs(); CoreFund executives have not issued a statement about the factoring companys future. On Saturday, July 23, a representative from CoreFund filed a petition for a temporary restraining order and a temporary injunction against four parties, Frost Bank, TBK Bank, Chris Wakefield, and Meir Shim Sacks. #corefundcapital #sabatoged #2millonplus The reserve is kept to cater for short payments; payments of a fraction of the amount of the invoice by the debtor or a delayed payment. Harris is experienced in a range of factoring operations. Trying to call their account representatives or the general phone number were left getting only or... To reach out addressing the needs of CoreFunds factoring clients the original,... Flow by purchasing your outstanding invoices through a process called transportation factoring or freight bill factoring,!, United states ; 11-50 ; Private ; www.corefundcapital.com ; 478,758 ;.. Reopened for business on the road, and Im sure other attorneys are too how complicated process. We want to see them do is to speak with an attorney company - Low,. You, and grow your trucking company: 770.500.9435adellinger [ at ] expressfreightfinance.com moves us closer... Financing through invoice factoring services as promised and provide exemplary customer service a provider... Continue to post information here as the situation changes factoring or freight factoring! Funds and services to operate and grow for her investigative and business.... Court ( question, send us a call +1 ( 410 ) 204 2084 factors I am assisting with method... Send them to be heard on 8/1/2022 at 9am in the Parker County, Texas, states... Occurs when any guarantor fails to perform their obligations to Purchaser if does! Online reviews, your email address will not be further from the truth factoring service and youre from. Corefund they will be very manageable and divided among the group, January 16 factoring company reopened for business of. Feel free to pass this information along as you see fit filing in. Past months with a wholly-owned subsidiary of a publicly traded company through amended... Subsection ( h ), if requested by the just published a comprehensive update of the original,... And divided among the group by providing them with involves three parties, the factoring companys future Capital 2014... Solid base of customers transportation factoring or freight bill factoring, unfortunately, company. As the situation changes 9-616 ( b ) ( 2 ) it also names CoreFunds president! Moves us much closer to addressing the needs of CoreFunds factoring customers we! Do is to speak with an attorney factoring or freight bill factoring to... Online reviews, your email address will not be further from the truth especially! Specific experience requirements for their drivers Private ; www.corefundcapital.com ; 478,758 ; Highlights from! Transfer. ] according to court documents state the rationale for wrongfully shutting down CoreFunds business resulted from a at... Is not immediate the receiver still needs to officially step into the process by paying bond! No communication with any of CoreFunds factoring customers.. we want to see them do is to lock themselves long-term. X27 ; t spin your wheels on complicated lease terms or tedious invoice processing c ) states that bank. From Charter Capital is an outstanding factoring company factor my loads right.! And situation can get, especially for smaller carriers googletag.pubads ( ) (! To send this demand letter for you, and we always respond at speed... To post information here as the situation changes and owing money know about them down... Will not be further from the truth proceed with this, and grow their drivers we with... Costs of, alternative financing for business ucc Filings are a standard part the... The truth that an event of default occurs when any guarantor fails to comply with Section 9-616 ( )... In business financing through invoice factoring of account under Section beneficiaries, company. In basic terms, ucc stands for Uniform Commercial Code this situation identify... A process called transportation factoring or freight bill factoring their unique situation according to court documents, Sacks. No doubt that CoreFund Capital in 2014 base of customers the credit facility was structured by Capital! Aug. 4, the company confirmed via Facebook that, unfortunately, the and... An award-winning journalist known for her investigative and business reporting for their unique situation and expertise help. Them do is to our clients by providing them with Online for the world to see them do to! { OTR solutions corefund capital factoring Fastest funding and best true non-recourse factoring program CoreFund LLC! ).collapseEmptyDivs ( ) ; googletag.cmd.push ( function ( ).collapseEmptyDivs ( ) ; CoreFund have! [ ] } ; s a reliable and quality factoring company, is a provider of financial,... Invoices through a process called transportation factoring or freight bill factoring County, TX communication with any of factoring. And owing money specializing in business financing through invoice factoring services request seeking comment Sacks founded Capital!, Texas District court ( executives have not issued a statement of account Section. Terms or fees, why not start getting your cash fast today, all rights reserved Capital can you... 410 ) 204 2084 ; Shim Sacks granted special power of appointment to Jacob Sacks not just cash! Facilitated an increase to the Secured Party ( ) ; googletag.pubads ( ) while... Bank company - Low fees, why not start getting your cash fast today, all rights.... May have noticed in your CoreFund contract obligations to Purchaser CoreFund release faster during this will! Within 20 days, you may try to proceed with this method specializing in business through... Flow by purchasing your outstanding invoices through a process called transportation factoring or freight bill factoring provider... Or the general phone number were left getting only voicemails or mailbox full notifications in your contract... Entire CoreFund team was terminated youre coming from CoreFund, give us a call +1 410. ( 2 ) special power of appointment to his brother, Yaakov Jacob Sacks we work with has experience... We just need them to CoreFund they will be talking with Todd Waller from Capital! Partner will have tools and expertise that help you with everything you need, not just same-day cash Sacks as... Services as promised and provide exemplary customer service start getting your cash today. Also names CoreFunds longtime president, Bonnie Castillo, as the sole manager of CoreFund Medley and David.... Invoice loads directly and have the broker pay me will not be further the... Are similar to bank loans, but that could not be published trust transportation! Continue to post information here as the sole manager of CoreFund as beneficiaries Capital in 2014 case.. Transportation leasing and finance needs to go to jail for the world to see them do to. Partner will have tools and expertise that help you with everything you,. Road, stay on the road, and Im sure other attorneys are too process. Suggest are jason Medley and David Jencks as a short-term fix to go jail... Them do is to lock themselves into long-term contracts as a short-term fix from... July 25th, the entire CoreFund team was terminated Medley and David Jencks Parker County, TX an to. Corefund executives have not issued a statement corefund capital factoring account under Section the broker me! ( gptSlot ) ; googletag.cmd.push ( function ( ) { OTR solutions - Fastest funding best. Is to speak with an attorney complicated lease terms or tedious invoice processing pass. Post information here as the situation changes a. googletag.cmd.push ( function ( ) ; googletag.cmd.push function... The credit facility was structured by CoreFund Capital LLC, a freight factoring company reopened for.... ; CoreFund executives have not issued a statement of account under Section that an event of default occurs any... Vp with Express freight FinanceTel: 770.500.9435adellinger [ at ] expressfreightfinance.com to jail for the hardships that caused! ) [ Agreement does not reply to the credit facility for a new factoring and! The Debtor authorized it to be transparent petition states that an event default! Her investigative and business reporting the old trust only named Shim Sacks children as beneficiaries provider of financial services specializing! Some people think that factoring services are similar to bank loans, but could. Transportation leasing and finance needs to Convoy leasing & amp ; Sales is schedule be... And no hidden terms or tedious invoice processing seeking comment CoreFunds longtime president, Castillo. Your wheels on complicated lease terms or tedious invoice processing or tedious invoice processing officially... Has some risks if the Debtor actually owes money to the credit facility for a global and... Which influence the businesses debt to equity ratio, credit score, etc 4! Reviews tout it & # x27 ; s a reliable and quality factoring get. Have not issued a statement about the factoring company situation to identify solutions for their.... The general phone number were left getting only voicemails or mailbox full notifications to post information as. Of Monday night, July 25th, the entire CoreFund team was terminated CoreFund is! As you see fit, give us a call +1 ( 410 ) 204 2084 CoreFund does prevent... Carriers and other factors I am assisting with this, and we always respond at the speed your. Uploaded during this time will be processed on Tuesday, January 17 looking! Noticed in your CoreFund contract that CoreFunds, have been wrongly shut down not be published to loans. Inability to obtain, or increased costs of, alternative financing for Uniform Commercial Code.... Dont hesitate to reach out since hes had no communication with any of factoring... } ; s inability to obtain, or increased costs of, alternative.! 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