Quote Originally Posted by pcfunder View Post
Because the terms are set in the contract through an ACH daily pull of a specified amount. I think that some companies put something in the contract that allows the merchant to change their daily payment if revenue goes up or down but has anyone ever actually explained that to the merchant or had a merchant use that?
yes, I just mentioned it in the post you are replying to. It's called a reconciliation clause.

I do not know if it's ever explained to a merchant or not, however, it's there, and it's in writing.

I am not sure who to place this blame on, do you blame the broker, merchant or funder for the lack of explanation or clarification?

I guess you can make the argument for either of these, but in my opinion if it's in the contracts, then it's ultimately the merchants responsibility to read the contract.