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10-15-2013, 10:49 AM #1Veteran
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Stacked Advances/Loans
So if stacking isnt going away anytime soon, what do funders generally do when they get submissions from ISO's if there is a stacked advance? Do they decline deal, do they payoff the other 2-3 companies? What is the general feedback out of curiousity?
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10-15-2013, 10:56 AM #2Senior Member
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Some will not entertain the deal, some will pay them all off, some will put the merchant on a list of proven "stackers"... It is at the funders descretion...
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10-15-2013, 11:03 AM #3A forum user
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I think the odds of dealing with this effectively have long since passed. This was supposed to settle this 5 and a half years ago.
Source: Merchant Cash Advances White Paper
Presented by the Risk & Fraud Management Committee of the Electronic Transactions Association
March 2008
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