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Reverse Consolidations are Not Consolidation at All. Just a Recipe for Disaster. What to Do.
In this article, we delve into the concept of reverse consolidation and their brutal consequences.
Thomas Tramaglini
7 min read
Did you ignore your MCA lawsuit? Think twice as you DO NOT want a judgement.
In this article, we discuss the outcomes of not answering a MCA lawsuit.
Thomas Tramaglini
6 min read
Answering an MCA or Alternative Loan Company Lawsuit is Important.
This article describes the importance of answering MCA lawsuits and provides some implications if not answered.
Thomas Tramaglini
5 min read
Kabbage Inc. settles massive PPP case
Earlier this week, the US Department of Justice announced they had reached a settlement in their lawsuit against defunct Kabbage Inc.
Thomas Tramaglini
3 min read
FirstPoint Funding LLC settles with AKF, Inc (Fundkite) for $50,000 because broker stacked small business owners at their expense.
To avoid a trial and drawn out process, FirstPoint Funding and AKF "amicably" resolve the case for $50,000.
Thomas Tramaglini
2 min read
The Baloney (Bull***t) Playbook: 7 Ways Predatory Brokers Lure Vulnerable Small Business Owners into Cash Advances and Eventually Default.
This article shares common tactics that brokers use, their implication, and some things we are doing to fight back.
Thomas Tramaglini
7 min read
Merchant Cash Advance Predators (Brokers): How much do they make from the bad loans/advances they lure the small business owners into?
In this article we discuss how brokers operate to make the most amount of money off each advance.
Thomas Tramaglini
5 min read
New York AG Sues Delta Bridge, Yellowstone Capital, and a host of other entities and individuals. Is your MCA/Alternative Loan listed in their evidence? Find it here.
This article outlines several parts of the AG's lawsuit and datasets entered into the evidence.
Thomas Tramaglini
3 min read
Was your MCA company (predator) one of the ones who were sued by the New York Attorney General for issuing fraudulent loans with exorbitant rates?
The team at Beacon has broken down the lawsuit and shared some of the implications.
Thomas Tramaglini
6 min read
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