Quote Originally Posted by WestCoastFunding View Post
Man, so that means Par isn’t able to make reverse consolidation deposits to the merchants to cover the merchants’ MCA debt?
Correct, no weekly deposits on their reverses currently or debits and no one is in the office to pick up the phone so merchants have no clue wtf is going on. I have feeling this is going to cause a huge mess for anyone currently with Par in their reverses or mca's or have Par in statements and looking for money elsewhere since no one knows how it will play out underwriting a file with Par in statements currently is very gray area