[CASHCASH]

He will also get the money quickly.

Realistically how quickly, from start of application to funded? If it is quickly compared to an SBA, that is much different than the speed allowed by short term funding. As with Nathan's example, said merchant would need that money in a few days. This is something a short term advance could accomplish easily, whereas even if the longer term product takes 10 days it may be too long. By nature the underwriting process has to take a little more due diligence since they need to be a more qualified client to get these longer terms, so it seems as if the advantage would still go to the short term advance in this case. Am I wrong in this?

[amikassar]

We can get a 3 - 5 year alternative loan almost just as quickly as a cash advance loan (maybe one extra day) - NO problem. SBA's are a different story. But that's not what I am talking about here.

[channin19]

I guess the real question is how much are you charging for your services?

[funding pro]

I guess the real question is how much are you charging for your services?

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[amikassar]

we average 1.5 percent commission on all of our transactions.

[amikassar]

We can get a 3 - 5 year alternative loan almost just as quickly as a cash advance loan (maybe one extra day) - NO problem. SBA's are a different story. But that's not what I am talking about here.

[amikassar]

@narwhaw - i like your thoughtful posts. Glad to see someone is thinking on these boards.