Results 1 to 18 of 18
Hybrid View
-
09-30-2013, 05:33 PM #1
I'm in agreement with these Statements by Jeremy. My thoughts are that an online business is even less stable and predictable than a brick and mortar business. Even Kabbage charges rates in the traditional MCA range. PayPal and can try to buy these merchants away from Kabbage but it will end horribly.
-
09-30-2013, 07:42 PM #2
- Join Date
- Apr 2013
- Posts
- 117
Loss leader
This not the main source of revenue for ebay/paypal. Not even close. It is simply a mechanism to drive transactions on the platform. It will be viewed as an advertising cost, not a profit center. I will bet on the intellectual horse power at paypal versus MCA players every day of the week! Kabbage and other MCA players are dead in water.
-
09-30-2013, 08:58 PM #3
I doubt taking big losses on loans will be justifiable as an "advertising cost" or anything similar in the long run to shareholders.
Dead in the water? RapidAdvance just became part of the Quicken Loans family. Google and Peter Thiel invested in On Deck Capital. Doesn't look like MCA players are going to be dead any time soon.
-
02-02-2014, 10:15 AM #4
- Join Date
- Feb 2014
- Posts
- 4
Rates on the chart look very intising and will create a whole new market of Business Cash Advances.
Last edited by admin; 02-02-2014 at 10:20 AM. Reason: link removed.
Similar Threads
-
Selling Merchant Cash Advances - How hard is it?
By mbradford101 in forum Merchant Cash AdvanceReplies: 61Last Post: 01-20-2017, 04:20 PM -
ACH or Cash Advances for NEW BUSINESSES?
By EDP in forum Merchant Cash AdvanceReplies: 9Last Post: 03-12-2015, 04:33 PM -
Forbes Report (Update) on Cash Advances
By Chambo in forum Merchant Cash AdvanceReplies: 0Last Post: 04-12-2013, 05:28 PM -
Wells Fargo and subsidized cash advances
By Sean Cash in forum Merchant Cash AdvanceReplies: 45Last Post: 01-11-2013, 12:02 AM