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  1. #15
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    Quote Originally Posted by fundingsmbs View Post
    they have several strategic alliances with consumer loan companies as well that directs any business loan inquiry to their site. they have been working other angles to acquire the business along with their expansion to Australia. Looks like Capify investing in that market to.
    Wife from Australia 1) its a very small market 2) the top 3 banks in Aus are cash rich and bend backwards to approve local merchants for a few reasons but mainly the goverment presses them to make loans to Merchants 3) government has many programs similar to SBA ... I cant see anyone build too large of an MCA of a company in Aus. 4) the government while backs free economy they are more liberal (in US terms) and make it hard to enforce collections and may side with the small merchant over larger funder.
    Last edited by mcaguru; 05-17-2018 at 12:43 PM.
    Marcus Clapman | Business Development | Cresthill Capital
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