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02-06-2023, 04:49 PM #1
There's way too much of this going on. This behavior is appalling. As Steve said above, report that company ASAP! People like that are one of the biggest reasons alternative financing gets a bad rap.
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Zohar Avshalom
263 Tresser Blvd, 9th Floor, Stamford, CT 06901
ISO Relations
American Choice Capital
917-267-9182
Zohar@americanchoicecapital.com
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02-06-2023, 07:18 PM #2
- Join Date
- Jan 2023
- Posts
- 9
I couldn't agree more! I've heard many negative comments from banks about MCAs but I always tell them that I wouldn't have been able to grow so fast if it wasn't for them!
Luckily have Joe as a resource to guide to guide me. Unfortunately Michael has shown me the bad side of this industry but lesson learned for me.
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02-07-2023, 06:32 PM #3
- Join Date
- Oct 2021
- Posts
- 86
I am very sorry about your experience with this particular situation. I have been in this industry for over a decade and I must say that its enlightening to get feedback from merchants like you. The MCA space became 1 big ponzi scheme the last few years. The ponzi involves ISO's funders and of course the biggest players are the merchants as well. What I am happy to see in your post is that you actually have a positive image on using MCA which proves that the industry once upon served a good cause and this product is legitimate for the right candidate. There are still honest people out there and hopefully normalcy will be reintroduced once the whole deck of cards of the ponzi folds.
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02-09-2023, 10:05 AM #4
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