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  1. #1
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by MCNetwork View Post
    Doesn't this question apply to all MCA customers? The answer is that the great majority use the money to catch up on some bills and get a little breathing room. Then they rinse and repeat the process.
    Catching up on bills is the worst use of this money. That's a default down the road. 3 month loan should really only be used to pay for a very large bulk order invoice that has a discount incentive, to put cash down on the closing of a new location, cash for a one time emergency, or any type of arbitrage opportunity.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by sean bash View Post
    Catching up on bills is the worst use of this money. That's a default down the road. 3 month loan should really only be used to pay for a very large bulk order invoice that has a discount incentive, to put cash down on the closing of a new location, cash for a one time emergency, or any type of arbitrage opportunity.
    Dr Death UW'er has spoken yet again



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