[Winning]

Korchak's company Primary Capital sued a merchant on this very day (literally today) over a contract with a 1.42 factor rate and then assessed additional fees making the total factor rate charged to the merchant 1.93: https://iapps.courts.state.ny.us/nys...UUcU/NiivC1w==

Look forward to hearing all about this absolute ridiculous hypocrisy in your next show "homie"

GoodCustomerService, I am not judging you, maybe the facts warranted the numbers.

Can you share the backstory on this deal? Industry, Credit Rating, previous defaults, and any other info gathered to help you establish your risk assessment that supported the numbers on this deal?

Also I would love to know the mindset of the merchant that would accept such a deal. Was this their 1st mca? How long had they been in business... etc..

If you can't share the exact details due to legal reasons I understand. Perhaps you or someone here can justify when a deal like this is justified in general. I am sure some other people here have done deals just as high as this one, and higher.