[fundingsmbs]

^ best advice. they are an LOC like Bluevine. Don't compete, get them more capital. quit trying to beat rates. it's a one way ticket to broke. get creative... If you want to fight against rates all day, go work in credit card processing svc' as that is an ugly battle daily.

[ryan $]

^ best advice. they are an LOC like Bluevine. Don't compete, get them more capital. quit trying to beat rates. it's a one way ticket to broke. get creative... If you want to fight against rates all day, go work in credit card processing svc' as that is an ugly battle daily.

Credit Card Processing Rates have just gotten lower and lower and lower - its a race to the bottom and is killing profitability.

Credit Card Processing and Terminal Leasing was how I got my start in this Industry. The leasing game used to be a HUGE MONEY MAKER