It doesn't help that the shady brokers are coaching the merchants on every aspect (especially the merchant interview) to try and get funded. On our merchant interview we ask the merchant if the broker promised them additional funding after taking our advance. we then further explain that there are brokers taking the money from the advance in promise of a large bank loan and then not come thru on their empty promises.

Unrelated but in the same shady lane, I had a merchant call in 2 weeks after getting funded, asking to reduce his payments. The Shady iso had told him to call in 2 weeks later to reduce the payments and he stacked us within those 2 weeks so now the merchant cant afford it. He sent me screen shots of the texts from the broker stating that he can turn our 6 month term into a 8-12 month term by screwing us over.