[Olderguy]

Steve,

I have been on both sides of the table as a registered investment bank and now a lender/factor. In all cases, most registered investment bankers and lenders/factors that are within a regulated entity have an obligation to do what is in the best interest for the client.

Yes but not in the MCA business....it's unregulated....I was in the mortgage business in 2008 and laughed at the industry....and then when it got regulated and I had to pass the NMLS. And broker shops had to withstand state inspections and audits. And you couldn't pull credit or offer quotes unless you were a NMLS licensed loan officer. However even after regulation, all the shops I was at just said "my loan officer pulled your credit and you..." or they would say "my loan officer said we can get you"...

Every broker who calls me...(several a day)..the first thing they say is "how many points can I get"....I have NEVER heard a broker say "what is the best deal we can get for my client".

Oh yeah, my former boss said I was the most honest guy he had ever met....but I don't think it was a compliment....