Results 26 to 36 of 36
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01-12-2022, 05:11 PM #26
- Join Date
- Nov 2018
- Location
- Miami
- Posts
- 116
Seen way worse done to my merch. Started debits for $2500/d - Wire out 55k suppose for a 900k 30 Year LOC. Only way merch fell for it is because I had secured him a legit LOC w/Headway.
To the scumbag(s) running this op good luck rotting away.
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01-12-2022, 06:11 PM #27
- Join Date
- Jun 2015
- Posts
- 754
Imagine contracts from “FBI Funding”
Last edited by SmartAdvanced; 01-12-2022 at 08:16 PM.
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01-13-2022, 12:41 AM #28
- Join Date
- Jun 2021
- Posts
- 47
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01-15-2022, 01:19 PM #29
- Join Date
- Dec 2021
- Posts
- 3
Deleted
Last edited by CorporalLTL; 01-18-2022 at 10:49 AM.
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01-20-2022, 10:39 AM #30
- Join Date
- Dec 2021
- Posts
- 40
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01-20-2022, 11:51 AM #31
- Join Date
- Oct 2021
- Posts
- 20
green grass also
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01-20-2022, 01:41 PM #32
- Join Date
- Dec 2016
- Posts
- 4
Haven't seen Lego lately I think they stopped but the new one I see now is Image capital.
Anyone have any idea who they are?
Looks like they are funding very similar to Lego.
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01-26-2022, 02:34 PM #33
- Join Date
- Dec 2021
- Posts
- 40
Just saw Visa Funding net 28k & get paid off in 3 days
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01-26-2022, 02:47 PM #34
- Join Date
- Nov 2018
- Posts
- 30
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01-26-2022, 03:19 PM #35
- Join Date
- Dec 2021
- Posts
- 42
It's all the same group.
Lego, rocket, visa, wise, pinnacle, everyday, everyweek, image, greengrass, princton, triple crown.
They all send fake **** out to merchants.
I was told that there is a known anti mca attorney putting together a class action lawsuit against them. I doubt it'll help. It's on us, all brokers and funders to teach your merchant's that they should be on the lookout for it.
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01-27-2022, 10:56 AM #36
- Join Date
- Feb 2020
- Location
- Anaheim, CA
- Posts
- 85
Nailed it. At LoanMe we've come across the "Take this high factor, short term MCA to get an LOC" scam on numerous deals, all originating from a variety of white labels tied to a handful of specific funders.
It's an unfortunate practice in an industry that already has its share of eyebrow raising practices. The good news is we're coming across less of these bait & switches but I'm sure there's still plenty of them out there.Joel S Galasso
Senior National Accounts Manager
Small Business Loans
Main: 949-535-7798 | business.loans@loanme.com
1900 S. State College Blvd. Suite 300 Anaheim, CA 92806
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