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  1. #1
    Senior Member Reputation points: 10476
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    Quote Originally Posted by simonwein12 View Post
    definitely some really bad funders in this industry, But the ridiculous amount brokers promising the LOC pending a 30 day 1.499 with 20% fees is getting out of control.

    funders need to start asking the merchants on funding call if any LOC or term loan was promised in any way in the presentation of their mca offer.
    The merchants will lie on the merchant interview.

  2. #2
    Senior Member Reputation points: 124096 BR-Nightmare's Avatar
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    Nov 2018
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    South Florida
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    Quote Originally Posted by closer129 View Post
    The merchants will lie on the merchant interview.
    Correct, they are all coached.

    They will come to us after when the broker disappears and they are stuck paying this position they cant afford.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

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