[Funder Mark]

I remember Sean Murray once mentioned a restaurant he was going to fund with a MCA back at MCC. The day before he was going to fund them he went in with his wife, and when it was time to pay he was told that the restaurant no longer accept credit cards.

[J.Celifarco]

Marcus, how about "CREDIT CARD MACHINE DOESN'T WORK. CASH ONLY" signs in the site inspection photos when the guy already had an advance. One of my favorites.

seen this more times then I could count

[fundgorilla]

Upon reading the filing, I'll place $10 on rapid, and $5 on pearl.

[Sean Cash]

I remember Sean Murray once mentioned a restaurant he was going to fund with a MCA back at MCC. The day before he was going to fund them he went in with his wife, and when it was time to pay he was told that the restaurant no longer accept credit cards.

Ha, yes. The owners had never met me so we went there as anonymous diners. It was basically my final underwrite. They stopped accepting cards a day or two too early. The restaurant went out of business a few months later. It was a Brazilian steakhouse in midtown.

[fundgorilla]

I'm utterly certain it was not the Plataforma - I funded a midtown churrascuria not long ago - also not the Plataforma.

[mcaguru]

one of my best was we where going to close a 100K plus deal with First Funds wife picked up the phone for interview and said husband is out since Tuesday on a bender when he sobers up i can have him call back! needles to say the killed the deal.

[mcaguru]

one of my best was we where going to close a 100K plus deal with First Funds wife picked up the phone for interview and said husband is out since Tuesday on a bender when he sobers up i can have him call back! needles to say the killed the deal.

Sometimes merchants send fake pay off letters!

[AndyYSCISOdept]

We had a few merchants try to pretend he was the landlord etc etc

I had a merchant go to her local bank and use to phone to call in "as the bank teller" to confirm the balance of the account...so we called the number back as we were suspicious and they confirmed that it had been the merchant.

You can change the number you call from but not the way your voice sounds.

And then when we confronted he she was denying it and said she wasn't at the bank but we had the branch manager on the other line and could hear her in the background.

[MCNetwork]

Merchants like these make the worst stackers look like angels.

[Karen37a]

I am tired of this tortious interference argument. I am not a lawyer BUT I do Believe that in order to assert the tortious interference claim, a few things would have to have happened.

You had an agreement/contract with a company and you are driving business away to a competitor behind their back..even if its for stacking purposes or

You make false claims and accusations are made against a business or an individual's reputation in order to drive business away.

or When an individual uses "tort" (a wrongful act) to come between two parties' mutual contract. ( slander, defamation, scare tactics, racketeering)

There is a fine line as to what is a tortious act... Sprint cannot sue Metro pcs for having customers switch to them , or take out a second phone.
Well I take that back..anyone can sue for anything.

Their is something called frivolous damage. If someone was ever to do that to me and I did not enter into a contractual agreement with them to stay "loyal". Id slap them back with a frivolous damage suit and malicious prosecution.
This "in my opinion" is a used as a scare tactic from bullies trying to keep their clients, or some personal vendetta. Or maybe good companies trying to get other companies from over extending clients and bankrupting them...who knows

I do not stack my loans and preach against it to clients...doesn't stop them from going behind my back to another company.

Can I claim tortious interference as well? What if my renewals get taken?

I try to establish a good working relationship with my clients, and that's the only thing that's going to keep most of them loyal to me.

[Karen37a]

You cant have your cake and eat it too

[mcaguru]

You cant have your cake and eat it too

Karen that Never made sense ever since i can remember i would get my cake and eat it! (rarely leaving any over).

[Karen37a]

Forensic linguistics..I think they mean , you cant keep your cake if you eat it.

In other words , be nice to me lol << this part is a joke

[SproutBird]

Touch me.. and I'll sue...

C'monnn punk.. Touch me and I'll sue.

[Karen37a]

lool

[arezalmighty]

Touch me.. and I'll sue...

C'monnn punk.. Touch me and I'll sue.

*uppercuts you unto the hood of your car* ... "Sue me for wah???"

[Natan]

https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=7dAvnuZX3UnlLQA2gALrRQ==

Any update on this? TIA

[ADiamond]

Any update on this? TIA

Looks like Pearl's counter suit in NY was dismissed and they were told to resolve their differences in the original complaint filed in Maryland, "SMALL BUSINESS FINANCIAL SOLUTIONS LLC v. PEARL BETA FUNDING LLC"

Maryland doesn't supply the filed dockets on their website, but a brief description HERE

It appears Pearl's motion to dismiss was denied in 2016 but as of last month the case is still ongoing and from what I gather it may be going to trial?

Anyone with access to PACER may be able to get better details.

[DirectLender1]

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Allow me to introduce myself. My name is Alex Yosefi and I am Business Development Director at Advantage Capital Funding.Give us a chance to prove to you that we are the best in the MCA industry.


We're an A thru D paper Funder
Funding up to $1M
Quick Approvals
Same Day Funding!! No one funds faster than us, NO ONE!
Box 1
A paper up to 13 months 1st position, buy rates in low 1.2's
2nd positions up to 10 months
3rd positions up to 130 days
​No ​Car dealerships. All other industries ok!
Box 2
C-D paper low credit score 110 days or below 1st thru 5th position
These offers we're going to try and keep 70-100 days
We're a recourse lender so we'll look at ​most​ industries and if we feel we can collect, we’ll fund them!

[Karen37a]

This again comes down to "tortious interference"

Courts in the past have made a distinct difference between legitimate competition and unlawful
interference.

These cases have been going on with loans...commercial lending for decades. 1st position, 2nd position.

Most just had to prove they have a "lawful business interest"...certain jurisdictions have specific laws

The Lender had to establish that they had a legitimate business purpose, not malice or “disinterested malevolence" which technically is an evil purposeful intent to harm.

they have used this as a weapon to stop the seconds( loans) but Ive seen it be "summarily dismissed"

Ive also seen someone come back with a malicious prosecution defense off of a baseless claim


( My experience is with commercial and residential lending in regards to these matters , not mcas)


*not legal advice just past observation

[Maverick]

Who is yosefi ? I've seen him represent multiple "Lenders." Are they just mining files over there?

[mcaguru]

[DirectLender1]

Who is yosefi ? I've seen him represent multiple "Lenders." Are they just mining files over there?

We are funding a lot of deals here with our weekly ACH program. Try us out.

[Nunya]

Advantage Capital Funding would love to sign you up TODAY.

Allow me to introduce myself. My name is Alex Yosefi and I am Business Development Director at Advantage Capital Funding.Give us a chance to prove to you that we are the best in the MCA industry.


We're an A thru D paper Funder
Funding up to $1M
Quick Approvals
Same Day Funding!! No one funds faster than us, NO ONE!
Box 1
A paper up to 13 months 1st position, buy rates in low 1.2's
2nd positions up to 10 months
3rd positions up to 130 days
​No ​Car dealerships. All other industries ok!
Box 2
C-D paper low credit score 110 days or below 1st thru 5th position
These offers we're going to try and keep 70-100 days
We're a recourse lender so we'll look at ​most​ industries and if we feel we can collect, we’ll fund them!

You're getting a little spammy. You're posting your **** in unrelated threads. Cool it or go find the Promotions forum.