Aligned Interests Make Merchant Cash Advance
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  1. #1
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Aligned Interests Make Merchant Cash Advance


  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Very good points. And compared to a secured loan where the assets should make up for losses, we need the merchants to do well in business to pay up, and eventually renew.

  3. #3
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    Aligned Interests Make Merchant Cash Advance

    Agreed. A little tired of our business getting such a bad rap on the streets. The perception that we are loan sharks by some merchants and other players in the financial sector (even my own depository, with whom I had to fight to even open my first business checking account because "they don't deal with our industry") I hope changes in 2016.

    I have long complained about the low barrier to entry to this space, but increasingly expensive marketing costs and the requirement of a high level of knowledge to penetrate the market is raising the bar, and I applaud it. Even at my own expense, I am quickly realizing that as a small (but fast swimming) fish in a very big ocean, I need the support and resources of a larger team, which will have to come to fruition here soon.

    Great post Isaac. You guys have been a great help to my little ISO for the last 2 years and I could not have made it this long without you guys.

  4. #4
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Aligned Interests Make Merchant Cash Advance

    Thanks guys...appreciate the feedback

  5. #5
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    i guess we will call today yellowstone tuesday

  6. #6
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Aligned Interests Make Merchant Cash Advance

    They should rename Black Friday to Cholent Friday

  7. #7
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    As usual Sean I like your thinking and in honor of that we will now be having Chulent Fridays for the rest of the year!!

    Quote Originally Posted by sean bash View Post
    They should rename Black Friday to Cholent Friday

  8. #8
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    But thats only in the winter...

  9. #9
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    you sure?? i would bet productivity goes down by 2 thirds after a bowl of that stuff just kidding !
    Marcus Clapman | Business Development | Cresthill Capital
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  10. #10
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    Quote Originally Posted by Funder Mark View Post
    But thats only in the winter...
    Mark that's why you're so skinny . lol

  11. #11
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    whats Cholent
    Marcus Clapman | Business Development | Cresthill Capital
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  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    whats Cholent
    AKA Fart Slop

  13. #13
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    If you don't know what cholent is, you are disqualified from selling MCA's... LOL

  14. #14
    Quote Originally Posted by Funder Mark View Post
    If you don't know what cholent is, you are disqualified from selling MCA's... LOL
    I didn't know you had to be Jewish to sell MCA's.

  15. #15
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    Yeah that's a prerequisite to be a moneylender.

  16. #16
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    oh no doubt...add in some potato kugel, liver and kishka and its game over

  17. #17
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    Quote Originally Posted by isaacdstern View Post
    oh no doubt...add in some potato kugel, liver and kishka and its game over
    Correct.. there is a reason why Sunday is an off day (its the untold story )
    Marcus Clapman | Business Development | Cresthill Capital
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