[FUNd]

Hi all,
I am a merchant who has used merchant funding several times before. It has been a help to my business. We received a solicitation for funding that seemed....well...a bit sketchy. The details are something like this:
The deal amount was said to be $155k. Once we went through the process it was actually an in initial funding amount of 5k then a guaranteed additional $150k after paying on the 5k for 30 (or 45, can't remember) days. It didn't seem right. Anyone know anything about these type of deals? Also, I'm not a 100% sure about this, but I'm pretty sure we received the exact same solicitation with a different funders name on it after several months of the previous company sending solicitations. It seemed like the previous company changed names. Anyone familiar with this? Thanks.
C. Brown

Old scam used for decades. Sign this little deal (which is the max you qualify for), so we can get our commission, then we will give you the big money down the road once you are part of the (insert company name here) 'family'. Don't fall for it.

I'd be willing to bet my next commission check that this was a fax solicitation...