[MCNetwork]

Sounds like a good idea. Price transparency will prevent some brokers from charging excessive closing costs and will add legitimacy to MCA pricing. It's a good thing for merchants and for the industry as a whole.

[JSL23]

Sounds like a good idea. Price transparency will prevent some brokers from charging excessive closing costs and will add legitimacy to MCA pricing. It's a good thing for merchants and for the industry as a whole.

I agree, the added legitimacy is very much needed, not just to shut useless bloggers like Ami up, but to make Main Street more aware that our products are out there for them.

My problem with Ami Kasser is that he is in the Alternative Lending industry and when he slams us, he doesn't even accurately describe what we do. He may have some legitimate points regarding WBL, but when he is constantly referring to "250% APR" or whatever, it really pisses me off and is flat out lazy journalis...... I mean blogging. a Cash Advance is a purchase of future sales at a discount, right, so how can it have an APR? Technically, it's not even a loan! I have read 3 or 4 of his blogs and not once is this mentioned.

A good idea for the next Issue of Daily Funder would be an interview/debate with Ami and someone from this industry who is well known and respected.