[WhoisKingsley]

I'm seeing apples and oranges here, unless I'm missing something.
Seems Elevate and Breakout announced that on currently open fundings
in payback, that they will suspend payments if merchants need a break in
affected areas. Nice of them. Especially if merchants have to close down
anyway and there would be no revenue to pull from.

Greenbox is simply saying they will process "new" requests for funding, however
they will hold up the actual funding of the new deal until business returns to normal
after the storm passes.

How does that make them bad? I would assume until business returns to normal,
Breakout and Elevate are probably not funding any new deals either.

Agree in black and white underwriting terms - YES.

Breakout and Elevate - Love that they sent this out to their brokers and merchants. The service in that email MAYBE reached someone that didn't realize that the payment would still be taken out during the time. Made them feel good that they know the unexpected circumstances they are facing and we made things a bit easier on you in life? Take note- you can apply this to ANY situation.

BUT question - in the case of a hurricane and a Business needed capital before to purchase EMERGENCY supplies to ensure the safety/security of the business location, inventory, etc. shouldn't that be a consideration? I am NOT trying to make any natural disaster or otherwise a "lead" source so don't be a jerk and start calling people but in the case where a Business sends an application?

Did you know that the first to get electricity after a hurricane are businesses like restaurants and stable locations with ground wiring that can get up and moving quick to serve the thousands of people that could be affected? I am just saying this because millions of people in 3 states* that are going to be relying on those businesses "we" as a space keep up and running being an optimist about your career choice here

As in underwriting and risk for the investor or syndicate - I guess it depends on where your funds come from and of course a hurricane is a huge risk... there is no emotion in underwriting.... this is a torn subject like politics and religion.

Im going to stop here. Karen take it away.