[J.Celifarco]

Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...

IOU has been doing 12 month low factor second positions for as long as I can remember. Very different then a 3 or 4 month 1.45 with huge fees and a COJ.
Not comparable

[mcaguru]

IOU has been doing 12 month low factor second positions for as long as I can remember. Very different then a 3 or 4 month 1.45 with huge fees and a COJ.
Not comparable

so you saying there filter on the cigarette is a little thicker.

[J.Celifarco]

so you saying there filter on the cigarette is a little thicker.

I would use the words sane and insane but call it anything you want. Predatory, non-predatory is another

[mcaguru]

I would use the words sane and insane but call it anything you want. Predatory, non-predatory is another

Insane in business is in the eyes of the beholder !! How many millions of business owners gave up 50% of company for lifetime because his friend whose rich (got to hate the rich)) gave him 20K outside a diner on a cold windy day in February1981?

[J.Celifarco]

Insane in business is in the eyes of the beholder ? How many millions of business owners gave up 50% of company for lifetime because his friend whose rich (got to hate the rich)) gave him 20K outside a diner on a cold windy day in February1981?

you have a never ending string of nonsense that has nothing to do with the industry to try and justify things... This like most of the other examples it total BS. Common sense second positions to help short term needs of a company I get and these make sense to me. On the other hand once you start taking upwards of 20%-25% of a companies total gross sales to pay off advances you are dooming most companies to eventual failure.

[mcaguru]

you have a never ending string of nonsense that has nothing to do with the industry to try and justify things... This like most of the other examples it total BS. Common sense second positions to help short term needs of a company I get and these make sense to me. On the other hand once you start taking upwards of 20%-25% of a companies total gross sales to pay off advances you are dooming most companies to eventual failure.

I am not an UW and don't look under the hood on that side of the business...But it seems like landlord should cap rent from commercial and consumers at a specific % of the consumer or businesses cash flow. -(let alone uncle sam).

I may sound to people on the forum like a lunatic, I think if we brought rush Limbaugh and conservatives minds they will say we are treading in a very dangerous place if government should decide what is good for a business owner and what is not. Last week i decided to ask my friend who owns a bottle (for vitamins) company why he takes our capital? he was like Marcus your 65K allows me to stock up for a year from my Malaysian Manufacturer 90 days later your out of the scene and i book 1.2M in sales off that specific order.

[FUNd]

I am not an UW and don't look under the hood on that side of the business...But it seems like landlord should cap rent from commercial and consumers at a specific % of the consumer or businesses cash flow. -(let alone uncle sam).

Why do you compare an MCA with a commercial rental agreement all the time? The two aren't in the same ballpark, or even the same city.

[J.Celifarco]

I am not an UW and don't look under the hood on that side of the business...But it seems like landlord should cap rent from commercial and consumers at a specific % of the consumer or businesses cash flow. -(let alone uncle sam).

I have no idea what you are trying to say. This statement makes zero sense to me and seems to have less to do with what we are talking about then your last ridiculous statement

[HDF]

I am not an UW and don't look under the hood on that side of the business...But it seems like landlord should cap rent from commercial and consumers at a specific % of the consumer or businesses cash flow. -(let alone uncle sam).

So your experience goes back to the birth of MCA and you spout on about relationships with "major players" and you do not have even the most basic working knowledge of the level at which a merchant will be seriously jeopardized by over leveraging MCAs?

Seems to me sir that you are either being willfully deceptive or you just don't care. Chum for a regulator.

[thefundingdiaries]

I am not an UW and don't look under the hood on that side of the business...But it seems like landlord should cap rent from commercial and consumers at a specific % of the consumer or businesses cash flow. -(let alone uncle sam).

I may sound to people on the forum like a lunatic, I think if we brought rush Limbaugh and conservatives minds they will say we are treading in a very dangerous place if government should decide what is good for a business owner and what is not. Last week i decided to ask my friend who owns a bottle (for vitamins) company why he takes our capital? he was like Marcus your 65K allows me to stock up for a year from my Malaysian Manufacturer 90 days later your out of the scene and i book 1.2M in sales off that specific order.

what kind of guru doesn't look under the hood?