[WestCoastFunding]

It's more cost effective and sends a bigger message if you can scare away the competition. Letting the market know you're serious means you get more bang for your litigation buck.

This is true. Although, this strategy didn't save Dealstruck from collapsing.

[Karen37a]

This is true. Although, this strategy didn't save Dealstruck from collapsing.

I thought they couldnt raise 3 million in investment capital for new advances?

I wont laugh

[WestCoastFunding]

I thought they couldnt raise 3 million in investment capital for new advances?

I wont laugh

Their problem was taking merchants with multiple cash advances, and refinancing them into 3 year term loans — thinking the merchant would never stack them again.

[Karen37a]

Their problem was taking merchants with multiple cash advances, and refinancing them into 3 year term loans — thinking the merchant would never stack them again.

Almost all of my merchants dont stack me again ...they made the wrong choices because you cant just be book smart in Finance. You must be street smart as well and not fall for someones bs.

You cant just learn as you go with other peoples money...make your bones.