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09-01-2016, 12:54 AM #1
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- Aug 2016
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- 14
Stacking
Anyone have some legal fine print on stacking ?
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09-01-2016, 11:21 AM #2
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09-01-2016, 11:29 AM #3
- Join Date
- Jul 2014
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- Online
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- 965
What exactly do you want to see? Every company who doesn't allow stacking on their positions will show in the merchants contract.
Are you wanting to know in order to assist a Merchant that has this in place or wanting to apply a "no stack clause" to your own deals? I hope not the second one.Amanda Kingsley
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09-01-2016, 12:01 PM #4
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- Mar 2015
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- Boynton Beach
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- 3,508
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09-01-2016, 12:21 PM #5
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
If they are a "Funder" they should consult with a legal adviser- not DF. Even though senior lenders/funders are using "no stack clauses" that doesn't mean a broker knows which ones do and still solicit for additional positions. Most Merchants don't pay attention to their contracts or understand the term "stack" that we have- it's a B2B term, not a B2C term.
Also- a Broker can't force a Merchant to only work with them and put a no-stack clause. Most partner agreements read that when a deal is funded- the client becomes "theres" and there is limited ways you can work with, solicit, or stack. Maybe that's the fine print they are looking for?Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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