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Cash advances send motorsports dealer drifting into bankruptcy
2+ hour, 9+ min ago (325+ words) Justin Wingerter February 3, 2026 0 Financial aid to an ally led a family-owned powersports dealership in Longmont down a ramp to merchant cash advance loans and then sent it skidding into Chapter 11 bankruptcy. Elite Powersports, at 645 Frontage Road in the Boulder County…...