[Karen37a]

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.

APR = interest

it ist interest

And it is illegal to even infer that it is interest thats why we are "funding" not lending

[fundingsmbs]

APR = interest

it ist interest

And it is illegal to even infer that it is interest thats why we are "funding" not lending

yes, but, are you allowed to have a fixed daily or weekly repayment and say you cant put that into an APR? You cant have it both ways. You want MCA, keep it variable, you want loan, do fixed. They see it differently than you at browns office

[Karen37a]

yes, but, are you allowed to have a fixed daily or weekly repayment and say you cant put that into an APR? You cant have it both ways. You want MCA, keep it variable, you want loan, do fixed. They see it differently than you at browns office

they didnt sign on it yet, they might take it out

and Mr Brown will be challenged on a federal level if he makes it apr...because it isnt