Has anyone else heard this?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 57

Hybrid View

  1. #1
    Karen37a
    Guest
    Quote Originally Posted by KINGCASH View Post
    It's not off, it's shady practice
    Be careful because if a merchant decides to sue or take any type of action they can drag you into the mix.( not sure when you fit in, )

    If there is ever regulation and you had a Fiduciary Duty...they could also sue you for your personal money and assets.

    Fiduciary Duty works almost like a COJ...you are automatically liable. ( personally, not shielded from a company LLC or inc)


    **I am glad I am not in a 100% Fiduciary position anymore, 30 years was way too long. ( I still adhere to compliance guidelines)
    Last edited by Karen37a; 08-21-2018 at 07:30 AM.

Similar Threads

  1. Anyone ever heard of TMI?
    By Lender Of Gold in forum Merchant Cash Advance
    Replies: 2
    Last Post: 10-17-2017, 06:45 PM
  2. OMG Have you heard the news?!
    By Lmonus in forum Promotions
    Replies: 1
    Last Post: 05-08-2017, 04:37 PM
  3. Anyone heard of CFPI?
    By Lender Of Gold in forum Merchant Cash Advance
    Replies: 5
    Last Post: 04-21-2017, 01:25 PM
  4. Has anyone heard of this...........?
    By 1StopFunding in forum Merchant Cash Advance
    Replies: 7
    Last Post: 07-31-2014, 02:03 PM
  5. Anyone heard of....
    By ERS in forum Merchant Cash Advance
    Replies: 0
    Last Post: 07-26-2014, 05:59 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY