[SimonFunds2025]

I have a franchise company in TX that is coming off a MCA that they completely paid off*

Here is the situation

They were a previous default so they just finished paying off this default loan program
The company that funded them took one extra payment and did not reimburse him
They will not issue a zero balance letter to him because they are trying to keep him in house*
They want to renew him for 80k after funding him 40k
This is NOT the first client that they have pulled more than one payment on accidentally (apparently they have a stacking fee clause

This franchise company does 300-500k a month*

I want to bring him somewhere else

​​​​​​​Anthony 347 439 8710

[Sachip24]

what kind of franchise is it?

[SimonFunds2025]

please call me 347 439 8710

[omegafund]

I have a franchise company in TX that is coming off a MCA that they completely paid off*

Here is the situation

They were a previous default so they just finished paying off this default loan program
The company that funded them took one extra payment and did not reimburse him
They will not issue a zero balance letter to him because they are trying to keep him in house*
They want to renew him for 80k after funding him 40k
This is NOT the first client that they have pulled more than one payment on accidentally (apparently they have a stacking fee clause

This franchise company does 300-500k a month*

I want to bring him somewhere else

​​​​​​​Anthony 347 439 8710

Do they own any real estate in Texas? If they have any real estate with equity in Texas the previous MCA default does not matter.