Quote Originally Posted by J.Celifarco View Post
I dont agree with this.. This industry was built on 5-9 month deals 1.34-1.45 and I think this will always be the sweet spot where funders can make money and the merchant isn't getting hit over the head too bad. Shorter then that is being greedy unless it is a very week file. The question is where do you go with pricing and term for the stronger files that makes sense for both bank and merchant
Two of the largest funders go under and sell, one is on the brink and the one public funder/lender's stock is pennies... You do not have to agree to anything, no one does, but when a trend starts then a trend begins. This is a trend that is happening now. You can either not agree, which I can see your point, or accept the trend.