I have a merchant who had a 76k balance with Bluevine. Got On Deck (90k) to pay off Bluevine at a 2 year term. After fees merchant netted about 10k. Merchant is looking for 30-40k for about a year. This would be a no brainer, the problem is he is in his slow season. On Deck did the deal because they looked at the full year of revenue. Do you know anyone else that would do the same as opposed to looking at the last 3 months and decline it for declining revenue?

P.S On deck decreased the leverage by stretching out the term.