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02-24-2021, 11:53 AM #11
- Join Date
- Dec 2016
- Posts
- 379
Thank you, John! You're absolutely right here. There is no scenario where a merchant having over 3 open positions makes any sense. These SCUM LENDERS (you know who you are, get ****ed), that come in past the 3rd position are the reason why the MCA industry is getting unnecessary attention from lawmakers when you see people like ESENOW, for example, putting out $5k $749/day deals. There is no renewal game on positions like this and lenders like this give a bad name to the industry.
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