Bloomberg MCA Article Part 2 Just Dropped
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  1. #1
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    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin

  2. #2
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    Quote Originally Posted by Nunya View Post
    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.

  3. #3
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    Quote Originally Posted by WestCoastFunding View Post
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.
    She messaged me yesterday and said she's starting her own forum. I'm waiting for the link...
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

  4. #4
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    Quote Originally Posted by MCNetwork View Post
    She messaged me yesterday and said she's starting her own forum. I'm waiting for the link...
    Is this a joke? She’ll have a forum where there’s nothing but Karen debating Karen. She’ll end up banning herself.

  5. #5
    Quote Originally Posted by WestCoastFunding View Post
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.
    Perhaps you should ask the admin of these boards where Karen is......

  6. #6
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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    Her profile page is unavailable... Maybe she needed a cooling off period.

  7. #7
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    Quote Originally Posted by Nunya View Post
    Her profile page is unavailable... Maybe she needed a cooling off period.
    Damnit Karen. Knock it off.

  8. #8
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    Quote Originally Posted by WestCoastFunding View Post
    Damnit Karen. Knock it off.
    Fake News! Witch Hunt!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  9. #9
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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    I heard she is in the Ecuador Embassy in London....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  10. #10
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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    I heard she demanded cash-only commissions from Anthony. And Brinks showed up. And now John Tucker is in a dark room with a dimly lit light bulb swinging above his head as he becomes coachable.

  11. #11
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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    i am not convinced that you are not her lol

  12. #12
    Quote Originally Posted by Michael I View Post
    i am not convinced that you are not her lol
    Really> would Karen post one sentence replies???

  13. #13
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    Quote Originally Posted by Happy Horse **** View Post
    Really> would Karen post one sentence replies???
    true that

  14. #14
    Quote Originally Posted by Nunya View Post
    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin
    Part 3 - Probably covers the COJ's again--though seems redundant. Maybe this one will attack the lawyers.
    Part 4 - Probably covers 1st Global/Carl Ruderman

    This has a similar feel to the investigative pieces in the 2010's after the real estate market collapsed. Stories attacking the lenders, brokers, and courts/law firms that churned out foreclosure cases by the thousands. The fall out lead to some tightening in underwriting and legal process (e.g. additional closing docs and requiring banks to produce an original promissory note). In those cases, the issues were sexy because the "victims" were average consumers/families. In this case, the supposed "victims" are business owners, which is less likely to attract the attention of regulators.

    I'm sure the author is on a crusade to crush the MCA industry, but I suspect these stories will add some minor obstacles to the underwriting and legal process.

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