Quote Originally Posted by SFC View Post
How is that legal? There is NOT an APR on an MCA. Can't have it both ways. Either you've structured it as a loan or you've structured it as an advance of future receivables. If you don't make it contractually clear that its an advance, then you risk being sued and it being ruled as a loan. If there's an APR, that is a loan quality.
Great point. I believe as long as you池e disclosing the APR to the merchant they can稚 really sue. I知 not a lawyer just my thoughts.