Originally Posted by
Finance1
LOL
IOU central needs to be watched. I just saw them fund a decent sized $60k fixed daily 12 month ACH on top of an AMI $150k advance. They seem to think that loans on top of advances don't infringe on any contracts. They even have an underwriting rule that if an MCA is in place it needs to have 90 day seasoning before they will fund a loan.