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05-15-2020, 12:18 PM #1
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
Amercian Banker News
https://www.americanbanker.com/news/...ource=linkedin
IMO - The MCA Industry will not be the same for a long-time .Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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05-15-2020, 12:50 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Totally agree. But in some ways I expect the industry to end up where I always thought it was going well before the COVID-19 epidemic: Most MCA products will be the 1.38 over 9 months (or higher rate shorter term) type paper. Can’t imagine ever seeing an MCA with 20 month terms anymore.
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