Quote Originally Posted by Michael Sla*****er View Post
Yup, it looks like debt relief.

I received the following via email:

"Refinance Merchant Cash Advances to One Monthly Payment

Through our direct capital partners, LendAbiz Capital has developed a business financing consultancy program to help business owners restructure their business debt."
So, essentially, not only are they are NOT direct lenders (even though the owner claims to be direct funders above) and what they look to offer is a form of debt relief. The whole “we’ll negotiate with funders to bring down the total balance owed” seems like a great way to infuriate a bunch of funders.