Quote Originally Posted by Michael I View Post
he answered before in a different post because he needs to make a certain percentage and cant have it be usury. this way he can make 40-50 points and have contract only say 20%.
i fully agree with mica that this helps a merchant however ricky point on how funders will react is a legitimate concern .To me the fact that it is the funder decision and no arm twisting i do not see the issue
We haven't had one merchant cash company react poorly. They are happy to get their capital back on a file that is overleveraged, especially the 1st and 2nd position funders.