Bloodbath Coming?
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  1. #1
    Senior Member Reputation points: 31326
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    Bloodbath Coming?

    Just my thoughts:

    This week will be a bloodbath. All of your merchants will panic and withdraw all their cash from their banks. Accounts will close and your daily or weekly MCA payment will not last long.

    I was going through my inbox of any deals with SVB bank statements and I found some pretty big files with a few large positons. I doubt those will ever be paid again.

    First republic is on the edge and I personally have a couple of merchant using them.

    There is no telling how bad it will be but it may be unprecedented.

    SVB was a different animal entirely as to why it collapsed but with the current ecomcomy and the retail investor shorting eveything under the sun, its a recipe for a disaster.

    Buckle up. It may be a crazy MF-KING week.

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Yellen was saying "no bailout". Probably will be bought by another bank.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
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    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
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  3. #3
    Senior Member Reputation points: 307559
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    Quote Originally Posted by happyman View Post
    Just my thoughts:

    This week will be a bloodbath. All of your merchants will panic and withdraw all their cash from their banks. Accounts will close and your daily or weekly MCA payment will not last long.

    I was going through my inbox of any deals with SVB bank statements and I found some pretty big files with a few large positons. I doubt those will ever be paid again.

    First republic is on the edge and I personally have a couple of merchant using them.

    There is no telling how bad it will be but it may be unprecedented.

    SVB was a different animal entirely as to why it collapsed but with the current ecomcomy and the retail investor shorting eveything under the sun, its a recipe for a disaster.

    Buckle up. It may be a crazy MF-KING week.
    And now Signature bank

  4. #4
    Senior Member Reputation points: 13812
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    They will get piecemealed to the big 4.

  5. #5
    This is why you do not keep all your eggs in the same basket.


    GET READY TO BUY SOME PROPERTIES

  6. #6
    Senior Member Reputation points: 22201
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    Calm all down. what will see is major pull back from bank loans and the LOC products (IMO) many are saying the MCA credit facilities will be breathing down funders necks / forcing UW Changes. As far as Capybara Capital we do not use ANY outside institutions for any of our capital structures.... therefore making us one of the best funders to be signed-up-with during this period. marcus@capybarausa.com
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

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