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01-07-2014, 02:58 PM #1Veteran
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Do you have data on why they default more? Are they borrowing more to pay taxes which in turn doesn't help their business and causes cash flow issues?
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01-08-2014, 10:54 AM #2Veteran
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define "default" If you equate default with slow pay, then yes. Merchants are using 4th Q #'s and paying in 1st Q, when sales are considerably lower,. These payments strain their cash flow and may even completely wipe out profitability.
Originally Posted by MCAVeteran
If a merchant has to choose between paying rent and staff over MCA...what do YOU think they are going to do?
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