Quote Originally Posted by kevinhenry0527 View Post
Man-I am so glad we are not in the advance business...... There is a post here daily about the above referenced activity.
There are scammers and frauds in all areas of financing, hard money, factoring, MCA. Years ago we get calls weekly from owners who lost $50k+ in upfront fees trying to place a crappy RE development deal. Banks working with cartels to launder money. No industry is pure. Just seems the MCA world gets the retarded scammers they are not as sophisticated as the bankers.