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  1. #1
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by freeprocessing View Post
    Who does not require a personal guarantee or would make an exception on a deal by deal basis.
    any merchant that demands the removal of a performance guarantee is not new to MCA and has ulterior plans.

  2. #2
    Senior Member Reputation points: 70961
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    Quote Originally Posted by Chambo View Post
    any merchant that demands the removal of a performance guarantee is not new to MCA and has ulterior plans.
    Thanks for your opinion. Was looking for lenders that do no PG but thank you!

    FYI merchant has no issue with a performance guarantee as long as the business is open just does not want to be personally liable if its not.

  3. #3
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    Quote Originally Posted by freeprocessing View Post
    Thanks for your opinion. Was looking for lenders that do no PG but thank you!

    FYI merchant has no issue with a performance guarantee as long as the business is open just does not want to be personally liable if its not.
    The contract should cover that under their reconciliation clause.

  4. #4
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    Quote Originally Posted by FCG View Post
    The contract should cover that under their reconciliation clause.
    Right I didn't realize that until Micah mentioned something so I started asking around. Probably going to do that.

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