[Valentine]

Isn't SBC the company who offers their clients $150k with 2 year terms and a factor rate of 13% and then calls the merchant the day before funding and tells them the underwriter is uncomfortable with the deal and only wants to give them $5k upfront. And once they make 22 payments on time they will give the merchant the rest of the original offer? But of course when the merchant calls on the 22nd day they never answer the phone or respond to emails never to be heard from again. Also to note that the $5k they made them take was paying back $10k, which they said was to "pay for all the fees upfront for the full $150k".

I ran across 2 different clients who told me the exact same story.

Same guys for sure.