[abfunders]

It's up to the broker to vet what funders they send their clients to. The merchant came to you for financial help and you provide them with an absolute dog**** deal in turn ****ing yourself over. I'm sorry that happened to you but you should've done your research on FND. It always gets hairy when you do horrible 25 day deals.

Goldenhippo has a good point. You got them into the mess and expect to get paid.
As brokers, our job is to create a good relationship and we get paid when it gets consummated.
Sounds like FND was a really bad deal, and the funder was really bad, and the merchant has somewhat of a right to blame you for finding and "vetting" them. I hope you didn't take a PSF.

[Sc0355]

We never take a PSFs on MCA. We are primarily an A Paper/ Term Loan/ 7A shop deals of this sort are out of our wheelhouse. Client this case needed a 5th position and we explored various options, presented all options to the client who needed the funds immediately for payroll. At the end of the day the client agreed, signed and completed the deal to full RTR as agreed with no missed payments etc.
However, youre not wrong. We should have done a better job vetting FND hence the purpose of my post on this thread to let others know to not make the same mistake. The purpose of the post was not to discuss the terms of the deal, albeit terrible.