[fundingsmbs]

LOL reminds me of Reliant who reports every merchant for stacking on Datamerch, regardless of whether they can afford the positions or not.

it's midway 2022, yes merchants take multiple advances/loans/locs. no, reliant nor anyone else can stop it or claim a patent on funding to be the only ones. does it create risk for first position funder's? sure. what are they reporting them as, defaults? they should go sue forward financing everest and a laundry list of others and see where it lands. when locs go behind first positions are they evil doers?

[TheUnderwriter]

it's midway 2022, yes merchants take multiple advances/loans/locs. no, reliant nor anyone else can stop it or claim a patent on funding to be the only ones. does it create risk for first position funder's? sure. what are they reporting them as, defaults? they should go sue forward financing everest and a laundry list of others and see where it lands. when locs go behind first positions are they evil doers?

Reliant only turned into a joke when Adam Stettner became CEO after the merger. Ran it completely into the ground. Only took 6 years for the hedge fund to finally stop listening to his BS and after he threw everyone he could under the bus first before they fire him last year.