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Who wants to do broker deals with a scammy lender? How does a canadian lender get to go against their own contract just because they are in canada? The broker agreement says lender must pay commission within 7 business days with a 30day clawback. Told us (the broker) we won't get paid on a deal until it's paid off. It has been 19 days now but they are telling us because a few payments bounced (but were paid) they are withholding for 3 months until the loan is majority paid because the account is in default, but the account never defaulted. How is that even possible?

Who are these guys? There isn't an address on their website. Is it Mantis, rebranded?

Neubert, Pepe & Monteith, P.C. is a law firm in Connecticut that represents MCA funders in collection actions. The Prejudgment Remedy (PJR) law in Connecticut is scheduled to change on July 1, 2024, per Public Act 23-201 (Act). We have published an article that outlines the changes to the PJR law for MCA collection actions, as we presently understand them. A link to the article is here: https://npmlaw.com/article/public-act-23-201-change-to-prejudgment-remedy-pjr-in-merchant-cash-advance-mca-collection-actions-in-connecticut/ In summary, the Act as drafted (i) does not change the PJR waiver attachment procedure in cases where the MCA financing amount is more than $250,000, and (ii) limits the use of a PJR waiver to after commencing litigation, and not upon, in cases where the MCA agreement is entered into on or after July 1, 2024, and the amount of financing is $250,000 or less. Note: The article contains our understanding and opinions as of the date of the article. It is not known how the courts will interpret the Act, including if in accordance with our article. No attorney client relationship exists by reading our article. Lucas Rocklin, Joseph Dunaj, John Szalan Neubert, Pepe & Monteith, P.C.