Staffing Agency Needs MCA Consolidation $900K.
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  1. #1
    If you are talking about the Staffing company in Ohio, they already defaulted with their main lender, didn't make a payment for over a month. I hear they got funded and then stacked up with three different lenders, lol, this industry is out of control, why shop a piece of do-do deal like this?

  2. #2
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    Quote Originally Posted by MechantLoans View Post
    If you are talking about the Staffing company in Ohio, they already defaulted with their main lender, didn't make a payment for over a month. I hear they got funded and then stacked up with three different lenders, lol, this industry is out of control, why shop a piece of do-do deal like this?
    Hey, if it's a piece of doodoo deal, thanks for the heads up! But then again, knowing the industry, you got expert stackers selling the merchant the world $50-100K at a time; any wonder why they default, with 8K in daily payments?? Whatever the scenario, I won't waste too much time on this deal if it isn't fundable..

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