[isaacdstern]

The definition of a starter deal has changed...in 2009 it was a 1st Merchant $3500. 1.49...today a starter deal can be any size. We classify a starter deal as one that does not qualify for a longer/cheaper deal because of credit, tax liens, nsf's and time in business. A merchant may apply doing $500K a month but if he has a 510 fico score no one will give him a 6-9 month low Factor rate deal...YSC may offer him 50-75k at a 140 over 3 months or some variation of that....point is starter deals are no longer just 2-5k deals

[Eric S]

The definition of a starter deal has changed...in 2009 it was a 1st Merchant $3500. 1.49...today a starter deal can be any size. We classify a starter deal as one that does not qualify for a longer/cheaper deal because of credit, tax liens, nsf's and time in business. A merchant may apply doing $500K a month but if he has a 510 fico score no one will give him a 6-9 month low Factor rate deal...YSC may offer him 50-75k at a 140 over 3 months or some variation of that....point is starter deals are no longer just 2-5k deals

We do a good amount of those, just a different name. We call them traditional. For us starter deals are like the 1MF deal you mentioned, but the funding amount still depends on gross.