THE RESULT OF STACKING - Email from a merchant - Sad.
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  1. #1
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    So there is no conceivable way to make it work? Has anyone ever consolidated enough triple funded deals to get enough of a sample size? I was thinking mainly 2 or 3, I realize that 4 is really pushing it and just not feasible. What if they agree and notarize something in the Funding Agreement saying that if they stack they will be fined $______ AND put on that NAAMA banned Merchant list....and the Lender enforced it without exception? Everyone is finding ways to consolidate their debt nowadays, is this really that much different?

  2. #2
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    Quote Originally Posted by JSL23 View Post
    So there is no conceivable way to make it work? Has anyone ever consolidated enough triple funded deals to get enough of a sample size? I was thinking mainly 2 or 3, I realize that 4 is really pushing it and just not feasible. What if they agree and notarize something in the Funding Agreement saying that if they stack they will be fined $______ AND put on that NAAMA banned Merchant list....and the Lender enforced it without exception? Everyone is finding ways to consolidate their debt nowadays, is this really that much different?
    Yes. What you are saying is the equivalent of just giving a crack head a whole lot of crack to last him a year instead of him constantly going out every day to get his crack. Either the crack head is going to finish the year's worth of crack in a month and start looking for more crack sooner than expected or he is going to OD.

    And since I am talking about crack and its been a while since I posted a .gif, here ya go...

    tumblr_m4v2whZrJo1rpl29so1_500.gif

  3. #3
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    OK, then there will continue to be dozens of "crack-dealers" giving our clients 4th and 5th positions....... (trying hard not to laugh at that .gif-Chappelle?)

  4. #4
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    The conversation definitely needed a tension breaker and this GIF of Chappelle was it. Hilarious!!

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