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10-02-2014, 02:50 AM #1A forum user
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Legit merchant cash advance contracts have this clause already by default. They don't need a special no-stacking addendum. It's part of almost every contract already.
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10-02-2014, 09:42 AM #2Veteran
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it has always been part of contracts and it has not stopped people from stacking. MCC, Advance Me, and all the bigger banks have had this in their contracts from day 1 and it has not stopped people from stacking on them. What would this no stacking addendum do that those clauses have not?
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10-02-2014, 12:05 PM #3Member
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Principis has paid off 5 advances and moved into first position for me. You must net 40% and underwrite after contracts are signed. From my experience if there's enough "meat on the bones" there will be a funder looking to start eating!
Joe Castore
Blue Granite Funding
347-322-6624
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