[J.Celifarco]

Buying future receivables or receipts are assets that may be secured by another party.

Most Senior Lenders either don't know their customer has taken a cash advance or have ignored it not to upset the relationship because the client is current on payments. If things go sideways, you can cool believe the senior lender or bank will defend their position.

I am having a hard time following what you are trying to say. The whole reason MCA can charge what they do is because we are buying future receivables this is an unsecured transaction. Once it is secured you are subject to different lending guidelines and need licenses depending on the state. You cant have it both ways either it is a LOAN or it is an MCA but what you are describing sounds like you are trying to be both at the same time which you cant do.

Also please let me know what you mean by SENIOR LENDER