[fundingsmbs]

Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.

[mcaguru]

Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.

can you explain the latter part of your post ?

[Nunya]

can you explain the latter part of your post ?

Seems pretty clear to me. He said a lot of funders pulled out or scaled back the term of their offers in trucking SIC codes due to poor performance and then speculated that stacking is prevalent in those industries. Do you disagree? What % of your funded trucking deals are first position?

[J.Celifarco]

Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.

"A" paper quality deals in these industries I like to use Rapid.. I have done a bunch of both Trucking and Construction with them. They will be a good replacement for Principis. Principis is great, and when they approve a deal it is hard to beat their rates. The problem with them is they dont approve a lot of deals