I think companies are making money in the traditional deals the 5-8 month 1.35-1.42 deals and I think some companies are making money on some of the longer term deals depending on the factor rates and how good underwriting is.
That said these companies with these crazy low rates though they sound great to sell, I don't know how long they are going to be around and I would be scared to send a lot of my business there when I don't know if they will be around in 6 -12 months when i need to renew my merchants.