Quote Originally Posted by fundingsmbs View Post
what does this mean though? "National Funding was a direct company only, Gilbert explained, writing primarily nine month business loans, selling them off to a host of other business loan companies, discounting them as he did at Five Point Capital. His web site states they do “small business loans, equipment leasing, merchant cash advance, and credit card processing.”

http://leasingnews.org/archives/Oct2..._21.htm#growth
They originated the loans and sold them. Sort of a common practice.