[J.Celifarco]

I see your $5 and raise you $5.. Once a stacker always a stacker

[JSL23]

I see your $5 and raise you $5.. Once a stacker always a stacker

Honestly, what's to stop them from stacking anyway? You get them an Advance, UCC goes out, and within 3 months there are a dozen different Lenders/Brokers calling them. Despite your warnings it is hard to resist the temptation and they take the 2nd position. Now they're thinking, Wow, this is easy, a little pricey, but easy. By the time you call for their renewal you notice Cap Stack and Pearl in 2nd position(not to call them out, just as an example).

You now have a choice:

A) Let their business go

B) Get them ANOTHER stack

C) Help them, since most of them are feeling the pain of paying 3 different Lenders and consolidate. Your original advance is a few days away from being paid in full and Cap Stack and Pearl are both around the halfway point. You can get them $50,000, and they will net $25k-$30k and have a lower daily remittance.

To me, C is a no brainer. I don't want to lose anyone's business(but if they did it again after, I would) and 4th positions are pointless, excessive and sleazy. I am doing the best possible thing in that situation for the Merchant AND maximizing my earnings!!

Until the chasing UCC lead culture dies down what is the alternative. What percentage of MCA clients get a 2nd position or more?