Results 1 to 6 of 6
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01-26-2023, 05:26 PM #1
- Join Date
- Dec 2021
- Posts
- 207
White Bridge Funding Group LLC
Are they direct? Anyone have any relationship or past experiences with them?
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01-27-2023, 09:18 AM #2
- Join Date
- Dec 2021
- Posts
- 207
whitebridge.jpg
Definitely not direct, their application is 3 pages long (2.5 pages of legal ways to **** you)Last edited by goldenhippo80; 01-27-2023 at 01:47 PM.
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01-27-2023, 01:01 PM #3
- Join Date
- Dec 2021
- Posts
- 207
LOL it gets worse. Lenders, I hope you read your broker's application before onboarding them. If any lender has this broker signed up and wants to see the full application, pm me.
"17. Remedies. If any Merchant or any Owner, directly or indirectly, uses any person or entity other than WHITEBRIDGE to apply for a merchant cash advance or loan during the term of this
Agreement and receive a merchant cash advance or loan pursuant to the application, then Merchant(s) and Owner(s) will owe a Broker Fee to WHITEBRIDGE as if the application was made by
WHITEBRIDGE under this Agreement. If any Merchant or any Owner, directly or indirectly, uses any person or entity other than WHITEBRIDGE to apply for a merchant cash advance or
loan during the term of this Agreement but does not receive a merchant cash advance or loan pursuant to the application, then each Merchant and each Owner agrees that WHITEBRIDGE ’s
damages as a result thereof will be difficult or impossible to calculate, that Merchant(s) and Owner(s) will be required to pay WHITEBRIDGE a sum equal to the Percentage multiplied by the
maximum Requested Advance Amount listed in the Merchant Application as liquidated damages, and that this amount bears a reasonable relationship to the actual loss suffered by
WHITEBRIDGE as a result thereof. In case any Merchant or any Owner defaults under this Agreement and the default and is not waived, WHITEBRIDGE may proceed to protect and enforce
its rights or remedies by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement, or other provision contained herein, or to enforce the
discharge the obligations of each Merchant and each Owner hereunder, or any other legal or equitable right or remedy. All rights, powers, and remedies of WHITEBRIDGE in connection with
this Agreement may be exercised at any time by WHITEBRIDGE after a default hereunder by any Merchant or any Guarantor, are cumulative and not exclusive, and will be in addition to any
other rights, powers, or remedies provided by law or equity."
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01-27-2023, 01:13 PM #4
Can confirm....
Broker....
After reading that app, I need a shower.The Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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01-31-2023, 02:37 PM #5
- Join Date
- Dec 2015
- Posts
- 601
Last edited by DonMcGrath; 01-31-2023 at 02:41 PM.
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01-31-2023, 03:30 PM #6
- Join Date
- Dec 2021
- Posts
- 637
Love it.... and makes sense...could not have said it better... its sad that financial institutions don't fund most small business owners and they are left to choke ....but not with MCA ! Contract stage is where the relief starts coming over them knowing someone is willing to buy their future cash receives....you can see in the pic the rope almost coming loose. AWWW AIR.
Last edited by MCA-VET; 01-31-2023 at 03:33 PM.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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