Quote Originally Posted by Karen37a View Post
It depends on what metric they use for annualized rate....they want to use APR and it isn't an apr...apr is with a loan, not an advance so you are confusing people and turning it into a loan giving me more liability
You aren’t turning anything into a loan. You are simply explaining cost of capital on an annualized basis. To me, this just weeds out the meathead brokers who don’t know finance.