Quote Originally Posted by loan View Post
Long story short, a shady funder in NYC backdoored our deal and gave the merchant the typical bait and switch (take this MCA and we'll give you a 3% 10 year loan after).

Commission was stolen, among other things that'll have legal repercussions. We've retained counsel already, but wondering if anyone had recommendations for cases like this.
before you waste any money, read your iso agreement fully.One funder told me only 1 in 10 iso even ask to get the counter signed. I know some agreements have clauses that you need to submit/fund a new deal every x amount of days so if you didnt at any point from when you both signed ,you are not even an iso of theirs. Next if the iso agreement is solid , you need to make sure your proof is solid and that is was not a shopper that they can easily say they got it from someone else.
Best of luck and Please update us what happens as i have been in this industry since 07 and do not know of one case of an iso actually winning in court vs a funder