[FUNd]

Wait, do you haven't seen this one:

$30,000 @ 1.499 but $10,000 of the proceeds has to go toward payback, so merchant nets $20,000 with a $45,000 payback. Plus fees.

I've seen variations of this a few times. I told them I wouldn't even consider presenting to the merchant.

This is gold for the state and federal regulators trying to stifle the industry. Ever heard of the NMLS? This type of thing ^^^... is why they exist.