Thursday, March 13, 2008

Merchant Cash Advance Rumor

I've heard now from multiple sources that one of the largest and oldest merchant cash advance providers is having some bad debt problems as a result of not having any discipline and funding deals that never should have been funded.


Anonymous said...
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Anonymous said...

One clear sign that there is trouble with a provider, is when they suddenly start changing their requirements. If you know of a provider that has altered requirements twice within the last month or so, chances are they are having fiscal issues.

Anonymous said...

Any confirmation to the rumors that the oldest cash advance provider is up for sale? I hear they're bumping up their approval amounts to create the image of more accounts and larger portfolio