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04-23-2015, 08:10 AM #1
MCC talking about IPO next year
http://www.banklesstimes.com/2015/04...-billion-mark/
MCC is headed toward an IPO, and the $1 billion figure was one milestone they wanted to reach before entering into that process. Another is to introduce a securitization, Mr. Sheinbaum said. He estimates MCC is between six and 12 months away from offering one. He cited Kabbage, OnDeck and Capital Access Network as three examples of platforms introducing a securitization.
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