[Michael I]

You’re not only charging a 42% rate for unreal insanely expensive money, you even have the chutzpah and the audacity to charge a 3% fee?

And because some companies charge more in fees, you somehow justify the 3%?

So you mean to tell me that on $100k in funding, you charge a whopping 42% on top, and the client doesn’t even get $100k? He only gets $97k?

Do you even know how insane your rates are!?

The bottom line after fees is 49% cash on cash

So basically you’re taking 49% on the net?????

49% ??????

What kind of mafia shark deal is this????

Who the hell charges 49% ???

And for 7 months? With daily payments?

How are you not ashamed of yourself????

fees are the way to screw the syndication/investors not the merchant. If it was to screw the merchant just charge 1.45 instead of 1.42 the fee goes straight to the funder and cuts out investors. You will see companies that use their own money will be fine with charging zero fees and adding to the payback