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Merchant Cash Advance Trap EXPOSED!
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It just makes the customer think
that this is the interest they're
charging him, 9% but they're not
charging him 9%.
They're charging him
100, 200, 400, 4,000%.
One of the things that a person
realizes within that first year of
working into the cash advance business,
I know from people that have spoken that
have
are in it and have left it and
unfortunately some
got into it and then left it
and didn't believe what I said
is that
the merchant cash advance business
is not just a predatory business.
It's the predatory of the highest regard
because
the only thing they evaluate
is how much money you have in the bank
based on your expenses in order to
determine how much lifetime you have.
If you have 3 to 6 months worth of
lifetime, you're custom. Money's coming
in.
They'll lend you money. Why? Cuz they're
going to want to suck dry that last 6
months from you a little faster.
They don't care about your business.
They don't care about your success.
They simply try to make two, three, four
times their money within a short period
of time while you're still alive so they
can move on to the next barely living
business.
And if you don't believe what I say, you
can simply talk to the lawyers that deal
with it.
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