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06-26-2014, 08:20 PM #1
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- Jan 2014
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- 283
@Sean- I don't think I'm alone in wanting you to invite Ami Kassass to interview in the next issue of DF, go all Bill O'Reilly on him and put him in his place. It really is an Apples to oranges comparison. I guess the Funders in our space aren't paying him enough so he's on a seek and destroy mission.
@ Nathan PM me. We occasionally do get Merchants better suited towards long term loans and I would have no issue sending them your way
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06-26-2014, 10:02 PM #2
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- Jun 2014
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- 21
Hi JSL23 - My name is actually Ami Kassar - I didn't want the invitation to get lost in the mail
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06-26-2014, 11:20 PM #3
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- Jan 2014
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Hi there Ami! I do not work for, or contribute to "Daily Funder" but as a reader of the magazine and someone who frequents the site, I think it would be great if you do an interview in the next issue. I have read a few of your blogs and think they are extremely one sided and omit several facts.
If the MCA/RBL sector made up 30%+ of your clients, I am pretty sure we would get slightly more favorable reviews.
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06-26-2014, 10:06 PM #4
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- Jun 2014
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- 21
Hi everyone - Ami Kassar here - I see my post triggered a bit of a discussion. I accept the idea that not everyone who can get a six month product can get a five year term loan. Not's not really the point. IF you are eligible, I don't think there is a rational argument in the world as to why you wouldn't take the 5 year option. It's not like paying 25 more cents for milk at the convenience store. The delta in cost is significant, and in today's world the extra effort is little to none.
So as the borrowers figure this out (which they are starting to do) it's going to create a significant adverse selection problem for the entire MCA and "daily funder" industry that should keep you guys up at night. So my question is, how are you going to adjust to deal with it ?
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