top of page

Notorious Alternative Lending CEO of Par Funding Sentenced to 15½ Years in Prison for RICO Conspiracy, Securities Fraud, Tax Crimes, and Related Offenses
Last week, US District Judge Kearney sentenced Joseph LaForte, the former and infamous owner of Par Funding for more than 15 years in prison
Thomas Tramaglini
2 min read


What is a judgement from an alternative lender and how might it influence my business or me?
This article discusses several important aspects of judgments, what alternative lenders can and will do to you, and some steps you can take.
Thomas Tramaglini
6 min read


Did you default on a MCA/Alternative Loan - UCC liens and actions are coming.
This article describes some of the actions that small business owners should be aware of with UCC liens.
Thomas Tramaglini
5 min read


Yellowstone Capital and 25 "Lenders" in their network settle for over $1 Billion with NYAG James. Over $534 Million in outstanding debt canceled.
The New York Attorney General's office announced a settlement from a lawsuit previously filed in March of 2024 against Yellowstone Capital.
Thomas Tramaglini
4 min read


What if there was an Alternative Lending Bill of Rights for Small Business Owners?
In this article, we explore ideas which we believe could be easily adopted by the industry or policymakers as a set of standards
Thomas Tramaglini
7 min read


Use caution when considering sharing your bank statements with alternative lenders.
This article delves into the positive and mostly negative outcomes of sharing bank statements with alternative lenders
Thomas Tramaglini
6 min read


Itria Ventures sues MCA Lead Gen and its head of sales for stealing data. But really, how safe are your data?
Itria Ventures sues MCA Lead Gen and its head of sales for stealing data. But really, how safe are your data?
Thomas Tramaglini
4 min read


The LCF Group (Last Chance Funding) continues to be the Merchant Cash Advance Industry's Most Litigious Company. A 2024 Progress Report of predatory lenders, their attorneys, and their litigation.
This article details the current trends in the MCA industry
Thomas Tramaglini
8 min read


Breaking it down: Merchant Cash Advances are not MCA Loans.
This article describes some of the implications for taking on such debt delivered by alternative lenders.
Thomas Tramaglini
9 min read


Dealing with a judgment from a MCA or alternative loan company.
This article presents several important aspects about judgements, what alternative lenders can and will do, and what to prepare for.
Thomas Tramaglini
7 min read


Why Predatory Alternative Loan Brokers Need Accountability.
This article discusses some of the common strategies used by these brokers, their consequences, and our efforts to push back against them.
Thomas Tramaglini
7 min read


Fora Financial Sues Corporate Turnaround for repeatedly interfering with its clients.
In a recent case, Fora Financial, an alternative lender based in New York, filed a lawsuit against Corporate Turnaround.
Thomas Tramaglini
2 min read


How The Merchant Cash Advance (MCA) Company's Treat Those Who Don't Pay? Their Playbook Explained.
This article outlines what small business owners can anticipate (referred to as the MCA playbook) when encountering a default.
Thomas Tramaglini
6 min read


12 Scams To Beware of from Shady MCA Settlement Companies.
This article describes 12 common scams employed by UNETHICAL MCA settlement companies to defraud small business owners.
Thomas Tramaglini
11 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


I defaulted on my MCA or Loan - can I still get funding?
In this article we discuss things that business owners should do to protect themselves from brokers once they have defaulted.
Thomas Tramaglini
8 min read


Recent court decisions demonstrate a willingness to hold MCA, alternative lenders, and their brokers accountable.
This article highlights several recent occurrences which have suggested to the industry, if you take advantage of small business owners, you
Thomas Tramaglini
4 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


US District Attorney adds additional RICO indictment to PAR funding for their shenanigans in Merchant Cash Advance.
A second superseding indictment was filed yesterday charging a violation of the Racketeer Influenced and Corrupt Organizations Act (RICO) by
Thomas Tramaglini
6 min read


Considering or working with a business loan or advance debt settlement company? Be careful.
This article discusses some of the tactics these companies use, as well as what legitimate debt consultancies do differently.Â
Thomas Tramaglini
7 min read
bottom of page