Stack on his deal, you'll get sued.
Need a Funder or Vendor? START HERE

Results 1 to 25 of 54

Hybrid View

  1. #1
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    Quote Originally Posted by Ryan Shiroky View Post
    And without regulations, I don't know how well all that will hold up in court...
    the instant the merchant bounces a payment to fund #1, it is tortuous interference.

    If nobody cared about lawsuits and the unregulated world of cash advance, then why is everyone so chicken **** of California?

  2. #2
    Senior Member Reputation points: 325 Ryan Shiroky's Avatar
    Join Date
    May 2013
    Location
    New York
    Posts
    247

    Quote Originally Posted by Chambo View Post
    the instant the merchant bounces a payment to fund #1, it is tortuous interference.

    If nobody cared about lawsuits and the unregulated world of cash advance, then why is everyone so chicken **** of California?
    I know a few funders that will do 2nds in Cali... not everone is chicken **** scared, some dont even give a damn... the profit outweighing the risk, in their eyes, is worth putting the money out there...

    besides, legit funders doing only 1st pos in cali should always have a license to lend in cali... we do...

Similar Threads

  1. Stack Loans
    By NCL in forum Merchant Cash Advance
    Replies: 76
    Last Post: 12-24-2013, 10:54 AM
  2. Will GBR & IOU stack eachother?
    By iLikeBigNumbers in forum Merchant Cash Advance
    Replies: 1
    Last Post: 11-27-2013, 05:28 PM
  3. Capital Stack came through--more than just your $5000 Starter
    By Chambo in forum Merchant Cash Advance
    Replies: 8
    Last Post: 09-17-2013, 03:39 PM
  4. stack away
    By Fred Zapper in forum Merchant Cash Advance
    Replies: 0
    Last Post: 07-15-2013, 10:05 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY