August 22, 2020

To Merchants under Agreements with Par Funding:

On July 27, 2020, the United States District Court for the Southern District of Florida appointed Ryan K. Stumphauzer as Receiver for Complete Business Solutions Group, Inc., doing business as Par Funding (“Par Funding”) and several other entities (collectively the “Receivership Estate”).  More information about these entities is available through this link.  The Receiver has taken custody of all assets and records and is working to evaluate and maximize assets for investors, creditors, employees, and parties who have an interest in the Receivership Estate.