[AGuyWhoFunds]

For all the honest people trying to make a buck out here.

We really need to make committee and report all these fraudsters.

This is really getting out of hand.

This is just beyond disgusting. For Every 2 out of 10 merchants I have spoke to they have been getting a LOC scammed.

Each rep in my office has been exposed to a merchant been getting a LOC scam.

Like wtf is this nonsense. How do these people sleep at night knowing they knowing they do this. Ruining the deal for everyone else that's in the deal. The merchants are completely drained out of money. All these contracts never had phone number no actual website. Just BS deal 20% fees 10 days..



The irony is just so unreal.

I have been seeing this a lot the past few months. Brokers are offering standard merchant cash advances upfront with a line of credit side by side which we all know is full of ****. For the true honest hard working brokers, this only makes our jobs harder.
If you have to sell a mca by promising a fake loc, you are dog**** in sales..