Greenbox Capital Comments on Landmark Florida Legal Victory

| By:


Greenbox capitalGreenbox Capital was the victor of a major lawsuit argued before Florida’s Third District Court of Appeal that conclusively established the legality of merchant cash advances in the state.

When asked for comment, Greenbox Capital® CEO Jordan Fein said:

“It’s been a long, arduous, and expensive battle over the last few years proving in a court of law that a Merchant Cash Advance is not a loan. Today, we celebrate a win for all Merchant Cash Advance companies in Florida and the entire United States who are dedicated to funding small businesses through ethical practices. Our hard work and commitment to helping small businesses grow was validated and we are thrilled with the final decision of the District Court of Appeal.”

The decision in Florida echoes a similiar opinion reached in New York in 2018.

Last modified: January 7, 2021
Sean Murray



Category: Legal Briefs, merchant cash advance

Home Legal Briefs, merchant cash advance › Greenbox Capital Comments on Landmark Florida Legal Victory


    Torro

    Merchant Financing Leads

    Meridian Leads

    Symplifi Capital

    Pearl Capital

    Fox Business Funding

    Paz Funding Source

    Hunter Caroline

    Legend Funding

    Forward Financing

    Better Accounting Solutions

    Liquidibee

    CapFront

    Cloudsquare

    Dedicated Financial GBC

    Balboa Capital

    ROK Financial

    Wynwood Capital Group

    Velocity Capital Group

    Unique Funding Solutions

    deBanked CONNECT MIAMI

    Fresh Funding

    SOS Capital

    Splash Advance

    Flash Advance

    ByzFunder

    BizFund