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02-08-2014, 11:45 PM #1
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
First of all - let me qualify this by saying that I have nothing but respect for Mr. Isaac Stern - his hustle is inspiring. That's on the grave of the lady who raised me.
That being said. You touched on a really important issue. Businesses are hurting. We'd like to see if we can help.
Check out our profitability calculator - we're iterating on it as I type this close to midnight Saturday night (no days off). Creating simple is ridiculously hard, but we want to make it easy for merchants to get a sense of their overall profitability during the life of their merchant cash advance - lightening fast.
We feel that merchants should be exposed to any and all information (good or bad) that may help them make an educated buying decision. We'll be turning a lot of merchants a way. We'd much rather tell a guy; "Sorry buddy - but here's SmallKnot" than to let him feast on his own carcass.
I've received e-mails from merchants who have said; "I'm going to go and get my own act together so I can get a decent deal, rather than to take a 1.45... I'll tighten my belt to till then." That's why we're up so late. We know they're out there.
We'd much rather encourage merchants to take a step back, use our calculator, think things over, formulate a plan and come back knowing they will put the money to work for them and come out on top.
This business was not started to figure out a way to put a guy under. It was started to help a guy stay up.
...If we're lucky enough... foolish enough... and stay up late enough... we may be able to channel that "spirit."Last edited by JayBallentine; 02-08-2014 at 11:57 PM.
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