[anonymous]

So what you're saying is you'll focus on clients who are most likely not going to stack again, correct? I can't blame you. It's amazing how many merchants come to you with 5 advances, thinking they would be appealing to consolidation companies. "This is a great opportunity for the lender" is something I hear way too often from merchants seeking consolidations. Then I look at their statements and they've been missing a bunch of payments each month. Real appealing.

What's even more amazing are the merchants who you successfully consolidate 3-5 positions for (literally saving their business in many cases), who come back in the same position a few months later.

[Funder Mark]

What's even more amazing are the merchants who you successfully consolidate 3-5 positions for (literally saving their business in many cases), who come back in the same position a few months later.

I had that a few times, and I really wonder about the consolidators. What protections do they really have, when they get stacked? Throw in a massive no stacking clause, with a $50k fee?