[abfunders]

"NBC News obtained a videotape of an investor pitch dinner in Nov. 2019 hosted by Dean Vagnozzi, head of an investment firm that raised money for Par and was sued by the SEC. On the video, in which Par executives also appear, Vagnozzi promises investors returns of between 10 percent and 14 percent, saying that the outsized returns were possible because merchant cash advance companies like Par charge interest rates of 35 percent and more."

Maybe the rep was wrong or was fired, but Par told me that their rates were so low because they had family-only money, and they weren't beholden to investors.

[Chambo]

"NBC News obtained a videotape of an investor pitch dinner in Nov. 2019 hosted by Dean Vagnozzi, head of an investment firm that raised money for Par and was sued by the SEC. On the video, in which Par executives also appear, Vagnozzi promises investors returns of between 10 percent and 14 percent, saying that the outsized returns were possible because merchant cash advance companies like Par charge interest rates of 35 percent and more."

Maybe the rep was wrong or was fired, but Par told me that their rates were so low because they had family-only money, and they weren't beholden to investors.

Plus, the argument "but it is NT a loan" just got killed when their investor pitch talks of charging 35% interest to the customers.

Told ya guys man, when the Feds want you......

[abfunders]

Plus, the argument "but it is NT a loan" just got killed when their investor pitch talks of charging 35% interest to the customers.

Told ya guys man, when the Feds want you......

Don't trust a reporter's description. Unless you saw the video tape, who says he used the term "interest"? This is how rumors get started.