[Sean Cash]

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 doubt taking big losses on loans will be justifiable as an "advertising cost" or anything similar in the long run to shareholders.

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.

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.