Quote Originally Posted by SCCNY View Post
Sorry if a stupid question but what will happen with their current fundings will they still be pulling payments from merchants?
Not a stupid question. The answer is yes although there may be a temporary pause on them while the receiver works out all the proper bank accounts for everything to run through. This is what happened in 1st Global. All those funds will go towards the money owed to the investors. This case is basically the same situation as 1st Global