A new disgusting mca trend
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  1. #1
    Senior Member Reputation points: 86605
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    Quote Originally Posted by harvey View Post
    it is funny to me how these big & mighty A lenders preach how holy they are but they are starting to charge perfectly good paying merchants stacking fees.

    and we arent talking $295
    There is a NON-STACKING Clause in nearly every MCA Contract that I have read and a penalty that may be imposed,
    generally $2500.00 to $5,000.00
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
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    Quote Originally Posted by Yankeeman07 View Post
    There is a NON-STACKING Clause in nearly every MCA Contract that I have read and a penalty that may be imposed,
    generally $2500.00 to $5,000.00
    Usually the stacking fee isnt charged unless it affects the 1st position lender. Like as long as the merchant preforms they wont charge them, but if they miss payments and get in trouble then theyll charge the fee. Talk about kicking someone when they are down

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