[CreditGuy]

I'll also add that the S-1 data is representative of the entire portfolio's performance.

[GRP Funding]

I'll also add that the S-1 data is representative of the entire portfolio's performance.

No way. The average term, risk score, gross annual sales, and especially TIB are much higher. % of gross being collected is very low. The merchants in that package were also 65% renewals.

[CreditGuy]

No way. The average term, risk score, gross annual sales, and especially TIB are much higher. % of gross being collected is very low. The merchants in that package were also 65% renewals.

You realize the S-1 isn't a "package", right? It's the prospectus for the public offering and per SEC rules must disclose the performance of the company as a whole. You can't pick and choose parts of the portfolio to be included. That would be a massive SEC violation.

[GRP Funding]

You realize the S-1 isn't a "package", right? It's the prospectus for the public offering and per SEC rules must disclose the performance of the company as a whole. You can't pick and choose parts of the portfolio to be included. That would be a massive SEC violation.

So you're saying that their entire portfolio is $200M and has an average TIB of 12 yrs?

[Guy In The Know]

You realize the S-1 isn't a "package", right? It's the prospectus for the public offering and per SEC rules must disclose the performance of the company as a whole. You can't pick and choose parts of the portfolio to be included. That would be a massive SEC violation.

Dude, don't bother with data and facts here. Know your audience. This is the dregs.