[Jack23]

In other news.....New York City has banned event's with more than 500 people.......I guess no Brokerfair?

would you go?? the peak time if we are lucky might just be over by then but still thousands if not millions will still be infected. ill pass, but theres money on the line so there are some that think its a good idea still/

Unfortunately, I am not given the recent events of COVID-19. It was going to be my first time, so I hope Sean can do something like a webcast of sort.

[Sean Cash]

Hello, Sean of Broker Fair here.

As of this moment, Broker Fair 2020 is proceeding as planned. It is more than 2 months away on May 18th. Last year's day of May 18th in NYC was 75 degrees. The recent NY gathering restriction is for right now. It is precautionary and it is very unlikely to continue to still be in effect in May. We are of course monitoring all the angles. Events are booked in stone with a venue typically a year in advance. We will advise you if something changes!

[Jess]

Just make 1.49 over 20 days with 10% fees the standard across the board. We are all going to become default funders.

Exactly-irony is that funders with restrictive credit lines will be hamstrung.

[fundingsmbs]

let's keep an eye on the modifications that will begin to mount. those who do 12-24 mo terms, I have to concur with the recent article, they are too far out at this point to mitigate risk. they will have to work with merchants who have a dip in sales or had to temp close their business. depending on how deep this issue becomes, this will be a historical footprint into what impact issues like this have on lending.

[WestCoastFunding]

Maybe it’s related, maybe unrelated, but anyone seeing OnDeck declining beautiful looking files over past week or two, or only offering ridiculously small funding amounts?

[fundingsmbs]

lowering holdback is a way to mitigate risk. so, someone who would get 10-15% of gross , credit is prob going to start slicing those down

[Kevin Henry-Seacoast]

Go into your kitchen, throw a bunch of knives in the air, and try to catch them blind-folded..... It would be much safer....

Told you.....catching knives would have been safer.

[SFC]

Told you.....catching knives would have been safer.

You could not have been more right. Wow.