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02-25-2019, 05:31 PM #11
Reputation points: 227883
- Join Date
- Feb 2017
- Posts
- 3,455
Yeah, OC, they're selling a product.
Just like the luxury vacation salesman don't care if you take out a 2nd mortgage on your home to buy their product. It's about selling cash.
MCA are designed to ignore merchant health. Then brokers come in and sell it as the best thing since sliced bread. Hence.... our industry has a lot of actors in it.
I know not everyone wants to, it's just curious that there aren't more who do offer it as a marketing ploy to brokers to place their harder-to-fund files with them so that they can sell the daily/weekly draws easier.
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