Quote Originally Posted by NEWCDAM View Post
its a 160 day deal. They are holding it past 3 months. Are you serious? Again if they are scared to pay the broker and take the risk they agreed to, they shouldn't be funding mca deals. Period. Nothing justifies what you are saying. This merchant is paying and has paid up.

If they saw reason to default them then they would've, but have not. They should've said their clawback period was 90days to indefinite right? But then nobody would bring them deals. The point is they are being dishonest and penalizing the broker for hypothetical reasons. They breached their contract and credibility, not us.
Theres 3 sides to every story, so get your "proof" merchant didnt default by A) getting their bank statements B) reviewing specific terms in ISO agreement of default and acceptable remedy C) send a demand letter if you are in the right with proof.