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  1. #1
    Senior Member Reputation points: 14091
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    Quote Originally Posted by ryan $ View Post
    Are you Sure??

    Unless Tru Capital is the same?

    They were in a deal we Funded, Driver force, took a while to figure out who it was, but we got Contract Copies / Balance Letters...

    They do some weird weird stuff
    Tru capital is on the PSF form in the contract. A lil hint: look at the address on the PSF form and see what google finds.

    Quote Originally Posted by ryan $ View Post
    Also, the Merchant Signed a $45,000 Contract. It has Weekly Disbursements, a Flex Deal, that supposedly was Going to Fund 5,000 a week for 4 Weeks every week, then on the 5th week fund $25,000.

    Which seems insane.

    Then, the Merchant got the first Funding, of $2,400.

    The Payment was $995 a Day.

    Do the Math. Paying Back 5k a Week. They Put out $2,400 of their own money. Then it's just Funding the Merchant back her own money with a Factor on it after the first week.

    It was the craziest Contract I ever saw.
    iv seen them mess up my merchant worse.
    deposits 25k and withdraw 7.5k for 10 days. Luckily the merchant contacted the bank when he realized that there was no second draw and no one was returning his call.

  2. #2
    Banned Reputation points: 179851
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    The PSF Method you can't really tell though. A PSF form can be attached to any contract by the broker, Payoff Letter though.... that means gotta be the Funder.

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