[Chambo]

Interesting, because at the LEND-IT conference in April, they are/were saying that we have just begun to scratch the surface and they expect the overall industry, personal and business, to triple in the 3-5 years

[YuliyaG]

Interesting, because at the LEND-IT conference in April, they are/were saying that we have just begun to scratch the surface and they expect the overall industry, personal and business, to triple in the 3-5 years

These are the same things being said for years. No one with investors, boards, customers, and employees is ever going to get up and say "THE END IS NIGH FOLKS!" That would be stupid.

I've done the projections and have participated in presentations that tout the same fallacy; "GROWTH, GROWTH, GROWTH, AND SOME MORE GROWTH!"

The future of THIS industry lies in the data and not opinions. Here are data points to evaluate (not argue with)

1. The rate to which new businesses are starting.
2. The rate to which new businesses are failing.
3. The probability of a deep recession. (judging by last 30 years, expect the sh*t to hit fan in Oct prior to election)
4. Stagnant market penetration.
5. Oversupply of capital relative to demand. Funders are competing for less...
6. The $552 trillion derivatives bubble the media dares not mention...
7. THE PERCENTAGE OF BUSINESSES WHO EXIT AN MCA BETTER OFF THAN BEFORE AN MCA, VS. THOSE WHO DO NOT.

[HDF]

It really depends on who you are addressing Yuliya. If you are trying to discourage the brokers and ISO shops that you detest because they didn't make you rich, you are way off. The better actors welcome a paradigm shift - and will thrive in serving small businesses.

If your are trying to take a shot at the funding banks and fintech in general, you have better standing assuming your back-of -the-envelope data is accurate. (Which it isn't) This economy and environment has been in the ****ter for some time now and helped create the popularity and need MCA and fintech.

You wanted some, and got bounced out. Get over it.

[biggr]

Response to Aliyah (Data Points)
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Citigroup
Total Assets: $1,808,356,000,000 (more than 1.8 trillion dollars)
Total Exposure To Derivatives: $53,042,993,000,000 (more than 53 trillion dollars)
JPMorgan Chase
Total Assets: $2,417,121,000,000 (about 2.4 trillion dollars)
Total Exposure To Derivatives: $51,352,846,000,000 (more than 51 trillion dollars)
Goldman Sachs
Total Assets: $880,607,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $51,148,095,000,000 (more than 51 trillion dollars)
Bank Of America
Total Assets: $2,154,342,000,000 (a little bit more than 2.1 trillion dollars)
Total Exposure To Derivatives: $45,243,755,000,000 (more than 45 trillion dollars)
Morgan Stanley
Total Assets: $834,113,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $31,054,323,000,000 (more than 31 trillion dollars)
Wells Fargo
Total Assets: $1,751,265,000,000 (more than 1.7 trillion dollars)
Total Exposure To Derivatives: $6,074,262,000,000 (more than 6 trillion dollars)

Seems like a Big Bank and Wall Street problem -
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Small Business Startup activity rose in 2015, reversing a five-year
downward trend in the United States, giving rise to
hope for a revival of entrepreneurship.

From The Economist

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Hidden in much of the gloomy news about small business in recent years is an important positive statistic: business failure rates are in a long-term decline. The rate at which American employers go under has fallen by 30 percent since 1977.

Sure, the trend is far from perfectly linear. Business failure rates rise in recessions and decline in expansions. But the underlying trend is there. A smaller fraction of companies goes under every year now than three decades ago.

"Quoted from the Econonmist"


Here are 3 data point evaluated from Market professionals Aliyah.


Maybe you need to do a little more research before putting your personal agenda on this forum..


Would do more but you get the point...