Whether its because they’re based in a liberal bastion or bending to political pressure, next gen companies are increasingly adopting gun-unfriendly policies.
A few years ago, GE (GE Capitol) stopped providing 90-day same as cash financing for firearms sales. Marisa at RAM Arms in Durham said that the change forced them to choose between loan shark-like credit companies and offering layaway only. RAM Arms chose layaway.
Most credit card companies won’t underwrite a firearms business. Gun stores, gun ranges and firearms instructors are considered high-risk.
Some gun stores and manufacturers have turned to next-generation funding sources like Coinbase, a bitcoin processor, to help run their businesses. Now, Coinbase has authored a policy that prevents them from dealing with firearms companies. Their excuse? The regulatory environment… seriously? Is bitcoin regulated … at all?
Just a reminder to those who don’t like these practices: Companies may bow to political pressure, but they bow to economic pressure even more. Know what I’m saying?
….while simultaneously, yet apathetically creating the perpetual “global criminal friendly zones”.
Because they must impose control……even if it kills everybody.
Does that apply to the security that protects their valuable assets as well as their top executives?
By all means please pull an Uber and ban me from your shitty prog product or service. Dumb, dumb, dumb.
Not surprising. It’s large corporations and Wall Street that are financing tyranny. It’s called FASCISM.
This is a ruse by the Credit Card Companies to deny arms to negroes and mexicans so that they are vulnerable.
Clever racist socialists!
What is needed is a series of pro-gun credit unions – that will handle financial services for wholesalers, dealers, owners, etc. – in every state.
Cut the banks off at their knees.