Quote Originally Posted by NotALoan View Post
If a merchant is "wary" of a funder including a PG as a way to protect themselves, since the funder takes on 100% of the risk, MCA may not be the right product for this merchant. Have you explained to him why PG is the norm on MCA contracts? Does the merchant understand what a PG is and why funders use it?
MCA is not the right product for them. They have never taken one. We are working on some other stuff but they needed money quick.