Hello:

We're a mortgage bank and small business lender out of AL/NV. One of our investors recently approached me with the idea of being a direct lender in the MCA space. Considering the residuals, the idea is attractive but not without substantial risk.

Though we process about $250K per month in this area as a broker, I am little hesitant about jumping in full steam. Are there any lenders out there that will allow us to underwrite their risk on our paper and then buy the note for a discount? We have substantial cash resources to fund these deals on our own, service the deal for a while and then sell it off.

Thanks for the replies!

AK