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04-29-2020, 10:50 PM #15
- Join Date
- Apr 2020
- Posts
- 191
wouldn't a court look at the contract as a loan since it is secured by real estate? isn't that the reason that you funders can charge what you charge as far as factor rates? Because there is no collateral other than the accounts receivables of a specific Merchant. Sounds like there may be some issues here Rick, did you check with an attorney? If you can verify that it is legal, I have a couple of clients for you.
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