My name is Jamie Polon and I am a Partner at Mavrides, Moyal, Packman & Sadkin, LLP ("MMPS"). First and foremost, "HELLO" to all members on this thread and all the readers of the Daily Funder. We are excited to become active in the community!

MMPS Law has joined the daily funder and is posting today to introduce some legal services that may be of interest to readers:

If you are a Merchant Cash Advance entity, ISO or a Credit Card processing Company—we welcome you to contact our firm to inquire on how we can assist your company with legal collections on defaults in your portfolio. Additionally, MMPS can offer a review of your advance agreements to ensure protection against future defaults and other legal remedies that you may not had addressed.

As the marketplace becomes more competitive, entities must be cognizant of the latest provisions to protect against breaches including but not limited to stacking, processing with an non-approved processor, non-payment, NSF procedures for ACH withdrawals, blocked accounts for ACH withdrawals and mechanisms to prevent merchants to use incentives for cash when they should be processing (if allowable) and lastly, outright refusal to process/allow payment.

Lastly, we can also assist in ideas on how to intake information on the onset of a matter to make informed decisions on the type of merchants you want to avoid despite your due diligence stating they are a prime candidate for funding.

Unlike other law firm, MMPS has a dedicated collections department with expertise in legal collections.

We welcome your emails to inquire if our firm can assist your entity in improving your external collection efforts, draft and/or review your advance agreements, or address questions about provisions in pre-existing advance agreements.

Once again, we look forward to joining this community forum, and with experience in this space we also know there is a lot more to learn and such education comes from the client. Therefore we welcome your comments. We believe this is a growth as many traditional institutions will not assist in the need for financing to companies that are young or have seasonal businesses that need funding.

Please do not hesitate to send your inquiries to our offices via clientservices@mmpslaw.com