[J.Celifarco]

80 Payments is 4 months, you said 5 months - pretty much the same thing. The trend is 1.45, you said 1.35 - 1.45, very close to the same thing. You may not agree, but your repsonse is 90% what I just stated. Look.

yes but I think 5 on the low end you have 4 on you high end. Hey all we can say is time will tell and we will see how everything plays out

[MCAFunds]

yes but I think 5 on the low end you have 4 on you high end. Hey all we can say is time will tell and we will see how everything plays out

Is 20 payments really a determining factor on whether or not a fund will succeed or a merchant will payback? If 20 payments is the end all be all, then every funder and broker has a big problem....

[J.Celifarco]

Is 20 payments really a determining factor on whether or not a fund will succeed or a merchant will payback? If 20 payments is the end all be all, then every funder and broker has a big problem....

its more then 20 payments and I also think there is a place for the 10-12 month deals when its the right deal. Every deal is unique and to try to put all deals in 1 box doesn't work.

[MCAFunds]

its more then 20 payments and I also think there is a place for the 10-12 month deals when its the right deal. Every deal is unique and to try to put all deals in 1 box doesn't work.

Correct. There IS a place for 12 month deal, when its the RIGHT deal. But in order to turn profits monthly, weekly, daily, hell, even hourly, the percentage of RIGHT deals versus the percentage of 4 Month deals are lop sided. You're in this industry to either 1.) Commission 2.) Underwrite and get paid 3.) Fund and receive total payback or 4.) For ALL the wrong reasons.

Any business is operating to close business and profit. The profits are very clearly showing that a 12 month or longer deal i.e. CAN, Capify, MCC/BizFi, OD etc etc etc do not create PROFITS.

Who cares if the merchant pays the fund back in 12 months and causes time and money and wasted energy, the profits are NOT there. This is a trend and fact. No other way around it.