[Regium]

I mean fair enough, I would also like the answer to my question about the fees as well

100K 1.32 32 weeks, 995 total origination fees

Program breaks down as 1% per week cost of advance, merchant can payoff any week. Cost of advance depends on which week merchant pays off (if they ever decide to, some don't get around to it). They can hold funds until the capped 32 weeks.

At the time of payoff, has to pay a 3% closing fee (3000$). Can be compared to a prepayment penalty.

So at week 12, total advance cost was 12% + $3000 closing cost.

Closing fee of 3% allows broker to get paid a higher commission upfront - essentially 100% of the closing cost is paid to the broker.

We have many accounts who payoff their account within 5-10 weeks, aiming to pay single digits, as they can open a new account the very next day after payoff.
In other words, they open up to 10 accounts per year, using the program similar to a line of credit.

Let me know if I can further explain