10/22/2018
https://debanked.com/2018/10/out-of-state-mca-funder-not-precluded-from-entering-cojs-in-new-york-court-rules/
The merchant-funder relationship should be mutually beneficial. Funders will work with you if you when it comes to your payments , filing a judgement is a last resort and unfortunately there are a few people who intentionally try and use semantics to get themselves out of an obligation they consented to. Let’s all get on the Same page and do good business !
In May 2017, Funding Metrics (FM), a small business funding provider, entered a signed Confession of Judgment (COJ) in Westchester County, NY against a California-based customer. The Court issued a judgment a mere five days later. That should have been the end of it, but on July 26th, the customer h...
