[Cfairbank]

Carl,

When you say max out at $100K, is that mean their total balance can't go over $100K?

Yes, total amount sent is 100K or less between any funder that is paid off plus amount sent to merchant, if any. We have to be the only position post-consolidation, so we have to consolidate all positions and total balance has to be 100K or less. We typically have no origination/underwriting fees, unless we are consolidating 3 or more positions -- that cost is included in our factor -- so we have a true 100K max, not 100K minus thousands in fees.