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10-27-2015, 12:26 AM #1
- Join Date
- Apr 2014
- Posts
- 781
with all those nsfs a mca will not consolidate them. obviously easier to give him a smaller advance then be the first lender on a much bigger advance.
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10-27-2015, 04:29 AM #2
- Join Date
- Apr 2015
- Posts
- 297
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10-27-2015, 08:34 AM #3
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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10-27-2015, 09:13 AM #4
- Join Date
- Oct 2015
- Posts
- 53
Advance companies are not going to fund a business they don't believe can pay them back, the real "bottom feeders" you should be referring to are the reps and brokers that are convincing this merchant to take advance after advance and coaching the merchant into saying whatever they need to to convince an advance company that the business can sustain the payments. These brokers are the ones "nickel and diming" the merchants business so they can make multiple commissions on the deal, knowing they are putting the business in a bad situation.
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10-27-2015, 10:31 AM #5
- Join Date
- Aug 2015
- Location
- miami
- Posts
- 48
are all those postions ach ? is any a split ?
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