[abfunders]

Concept To Ponder _ A True MCA Contract cannot have a default - unless the merchant is masking-diverting their daily sales.

As usual Dave, you are probably clueless as to what happens in MCA.
Go through the list of the defaults, and that's generally the case.
They either completely stopped payments, or they opened a new account and diverted all of their sales to the new account, preventing the withdrawals.
Instead of requesting reconciliation, they just stopped payments.
I'm not saying that every funder is perfectly right or make it easy for reconciliation, but the complaints on these lawsuits are actually what you're describing.
This is why funders must to have it "easy" to adjust their payments. This should be through outsourcing reconciliation departments, CC splits or automatic weekly monitoring and adjusting.

[Yankeeman07]

As usual Dave, you are probably clueless as to what happens in MCA.
Go through the list of the defaults, and that's generally the case.
They either completely stopped payments, or they opened a new account and diverted all of their sales to the new account, preventing the withdrawals.
Instead of requesting reconciliation, they just stopped payments.
I'm not saying that every funder is perfectly right or make it easy for reconciliation, but the complaints on these lawsuits are actually what you're describing.
This is why funders must to have it "easy" to adjust their payments. This should be through outsourcing reconciliation departments, CC splits or automatic weekly monitoring and adjusting.

I knw very well what is occurring in the MCA Market, which is why I only sell 1st positions via credit card split funding.