YESLENDER, LLC, A PENNSYLVANIA LIMITED LIABILITY COMPANY VS FIVE BULLS TRANSPORT, INC., A CALIFORNIA CORPORATION, ET AL.

Case No.: 20PSCV00215     Track Rulings In Case

CMC DATE: Wednesday, August 12, 2020 [No OSC set]

RE: YesLender, LLC v. Five Bulls Transport, Inc., et al. (20PSCV00215)

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Plaintiff YesLender, LLC’s APPLICATION FOR DEFAULT JUDGMENT

Tentative Ruling

Plaintiff YesLender, LLC’s Application for Default Judgment is GRANTED.

Background

Plaintiff YesLender, LLC (“Plaintiff”) alleges as follows: Plaintiff provides working capital to

qualified small businesses—referred to as “merchants”—by purchasing a portion of a merchant’s

future receivables in exchange for a cash advance. Plaintiff provides these merchants with a

lump-sum cash payment in exchange for a negotiated amount of said merchant’s daily

receivables, until the agreed-upon remittance amount is fully remitted to Plaintiff (usually 6-12

months). On or about August 23, 20........