Quote Originally Posted by abfunders View Post
The good news is that it appears that Fundkite's ACH split and CC splits will be protected.

Reading the some of the complaints it boils down to this:
While technically not a loan on paper, in order for it to be an MCA, funders have to carry it out as a true MCA.
Thanks for the mention Micah, one of the few reasons we started pushing this program is to stay ahead of the curve, so far it's paid off.

Hopefully, we'll see other funders follow suit before it's too late.