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06-01-2014, 09:08 PM #13
- Join Date
- Apr 2014
- Posts
- 73
This looks like the DOJ is more worried about online lenders and offshore stuff than the MCA industry. I have been under the impression that MCA's have been more legitimized by the good publicity we have received in the last few years by major publications that used to consider us the bottom of the barrel.
Now they are starting to see it for what it is.. a way for merchants to get cash when no one else will give it to them.
If your company hasn't done any fraudulent lending I doubt you have anything to worry about.. just more space for those of us who play by the books in my opinion.
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