[TheShitzuofMCA]

Lets take a look at what spawned the need to MCA...Banks not lending, economy was bad at the time 2008 housing crash, and stock market crash. These opened a wide door for MCA industry. As banks get into the action (MCA business) and the economy rebounds merchants will have more options. Hence closing the window for such expensive capital. Those who are not creative or adjust for the times (lower interest rates longer terms etc) will not be in business for the long run. **Side note: I think what has changed drastically is the way to sell MCA, no longer this aggressive "take this or that because of this or that or pushing a deal on a merchant", its more listening to the merchants needs and applying it to the product that makes sense for them. The educated merchant.

[John Galt]

That's really not correct. MCAs have been around since 1985. They just weren't called MCAs. IGT and Transmedia would give the merchant 50% cash immediately and sell the merchants product for 75%.