[Triton]

Thousands easily, but in decline.

It always goes back to how easy it is to start in this industry. All you need is the generic "~ Business Funding" name, website, fax, and bank account.

Most of these shops probably fall into the category of an owner with the mindset of:

"I have several years of experience, so I'm going to quit and open my own shop because why should I only get 30% commission?"

But you also have the stock brokers, bankers, credit card processing, SEO centers, giant call centers, etc.

It just seems as though this industry doesn't have a real understandable participant base. It's so widespread and volatile. I mean if I wanted to calculate the total addressable market I wouldn't even know where to begin looking to assess the top 30 companies in this space. I would just have to rely on figures generated by large R&D firms.