[YuliyaG]

This industry seems to attract folks who are simply not to be trusted for any reason whatsoever. In fact, I would place 8 out of 10 people in the category of "don't trust around my goldfish." With that said as the industry declines, here are some of my predictions as to what you can expect from the sh*t show.

1. Less money will be invested in legal fees / lawsuits as margins thin up. This will unleash a wave of crooked creativity like you've never seen.

2. Funders will continue to work together to backdoor unsuspecting brokers. Expect backdooring to reach an all time high.

3. Macro economic data indicates the economy is stalling. So, I suspect merchants and brokers will form an "unholy" alliance to creatively and cooperatively work to steal merchant cash advances from funders. I expect this to happen when brokers are not stealing them from merchants outright.

What do you guys see coming down the road? You growing or slowing?

[bizloanbroker]

someone is angry....want to go out some time???

[MCNetwork]

1. Margins will only thin up for the new funders that compete on price alone. For the companies that price the product correctly, their margins should be consistent.

2. Backdooring is only a last resort for the low priced funders whose margins keep declining. For the stable funders, backdooring is just short-sighted and bad for business so they refrain from doing it.

3. We are in the midst of a shakeout and the new funders and ISOs who don't understand the business will crash and burn. The old guard/established players will sift through the wreckage of fallen ISOs to help strengthen their positions.

The industry as a whole is alive and well and the doom and gloom naysayers (like yourself) will be soon out of the industry while the savvy professionals grow and adapt so they can thrive in this ever changing competitive climate.

[J.Celifarco]

1. Margins will only thin up for the new funders that compete on price alone. For the companies that price the product correctly, their margins should be consistent.

2. Backdooring is only a last resort for the low priced funders whose margins keep declining. For the stable funders, backdooring is just short-sighted and bad for business so they refrain from doing it.

3. We are in the midst of a shakeout and the new funders and ISOs who don't understand the business will crash and burn. The old guard/established players will sift through the wreckage of fallen ISOs to help strengthen their positions.

The industry as a whole is alive and well and the doom and gloom naysayers (like yourself) will be soon out of the industry while the savvy professionals grow and adapt so they can thrive in this ever changing competitive climate.

100% agreed on all of this.. Eventually the bubble will burst and the people who entered the industry with zero knowledge and the hopes of getting rich quick will fail leaving those of us who were here before them still standing. We offer a product that business' need. For the smart, knowledgeable, and ethically sound companies this is just the beginning.

[mcaguru]

I believe the MCA Space is growing rapidly (by the hour)..I am starting to see other financial companies adding MCA to product arsenal, I find most of shops/isos to be highly ethical and always do right by the merchant (always a bad apple in a bunch). I can not talk about the fly-by-night shops but the funding companies we mingle with have the ability to spend Millions with an M to protect business model.

My prediction going forward is you may see some of the high risk players getting into the A paper Space being that they have the static pools and the capital and the deal flow and the relationships to start carving up that sector. (I have been wrong before )...

[isaacdstern]

I cant give away any specifics but we are seeing a record amount of submissions from our isos and signing up 2-3 new isos daily which says growth to me.

In terms of funding we are a funding a record amount of deals and putting out more money than ever before...again this says growth to me.

[mcaguru]

I cant give away any specifics but we are seeing a record amount of submissions from our isos and signing up 2-3 new isos daily which says growth to me.

In terms of funding we are a funding a record amount of deals and putting out more money than ever before...again this says growth to me.

Thanks for sharing that Isaac! also i am seeing more and more Ads on TV and radio-satellite advertising the MCA product.

[MCNetwork]

Not only that Isaac. I'm sure your margins are pretty healthy thanks to those 60 day 1.47s lol. Goes to show that you don't have to have low factor rates to succeed in this business. It's all about your unique value proposition and the niche you serve.

[YuliyaG]

I cant give away any specifics but we are seeing a record amount of submissions from our isos and signing up 2-3 new isos daily which says growth to me.

In terms of funding we are a funding a record amount of deals and putting out more money than ever before...again this says growth to me.

I hear you, but one really interesting indicator of the stuff about to hit the fan is that one of your reps who happened to have a long standing relationship with a business partner of mine, stole from us. Desperation inspires theft.

Incidentally, this same rep helped spend the money a guy with the initials G.S. stole from you. You, me, G.S. are all from same town so when he was run into and let it fly, I was shocked at how G.S. and the rep who sits in your office splurged the money G.S. stole from you.

He stole from you (enjoying bottle service at strip clubs with your money knowing full well what was going on is a form of theft), he stole from me, and I bet he's scheming right now. "Stand up guys" are becoming more and more crooked... I'd watch out.

That aside, I still track data and I'm seeing the well drying up. Hats off to you for having staying power.

[mcaguru]

I hear you, but one really interesting indicator of the stuff about to hit the fan is that one of your reps who happened to have a long standing relationship with a business partner of mine, stole from us. Desperation inspires theft.

Incidentally, this same rep helped spend the money a guy with the initials G.S. stole from you. You, me, G.S. are all from same town so when he was run into and let it fly, I was shocked at how G.S. and the rep who sits in your office splurged the money G.S. stole from you.

He stole from you (enjoying bottle service at strip clubs with your money knowing full well what was going on is a form of theft), he stole from me, and I bet he's scheming right now. "Stand up guys" are becoming more and more crooked... I'd watch out.

That aside, I still track data and I'm seeing the well drying up. Hats off to you for having staying power.

What well do you see drying up ?

[isaacdstern]

Where in Buffalo are you from?

I hear you, but one really interesting indicator of the stuff about to hit the fan is that one of your reps who happened to have a long standing relationship with a business partner of mine, stole from us. Desperation inspires theft.

Incidentally, this same rep helped spend the money a guy with the initials G.S. stole from you. You, me, G.S. are all from same town so when he was run into and let it fly, I was shocked at how G.S. and the rep who sits in your office splurged the money G.S. stole from you.

He stole from you (enjoying bottle service at strip clubs with your money knowing full well what was going on is a form of theft), he stole from me, and I bet he's scheming right now. "Stand up guys" are becoming more and more crooked... I'd watch out.

That aside, I still track data and I'm seeing the well drying up. Hats off to you for having staying power.

[YuliyaG]

Where in Buffalo are you from?

My folks live about a mile from your folks. We met at your BBQ in 2013 and discussed this!

[isaacdstern]

so Williamsville, awesome! heading there this summer with the fam

My folks live about a mile from your folks. We met at your BBQ in 2013 and discussed this!

[Chambo]

I hear you, but one really interesting indicator of the stuff about to hit the fan is that one of your reps who happened to have a long standing relationship with a business partner of mine, stole from us. Desperation inspires theft.

Incidentally, this same rep helped spend the money a guy with the initials G.S. stole from you. You, me, G.S. are all from same town so when he was run into and let it fly, I was shocked at how G.S. and the rep who sits in your office splurged the money G.S. stole from you.

He stole from you (enjoying bottle service at strip clubs with your money knowing full well what was going on is a form of theft), he stole from me, and I bet he's scheming right now. "Stand up guys" are becoming more and more crooked... I'd watch out.

That aside, I still track data and I'm seeing the well drying up. Hats off to you for having staying power.

Mr (guy with a similar last name, but different first name) was NEVER a stand up guy.

[YuliyaG]

Mr (guy with a similar last name, but different first name) was NEVER a stand up guy.

The guy who enjoyed top shelf bottle service at strip clubs with the guy who stole from Isaac (while knowing what was going on) may be a different guy than the one you have in mind.

[isaacdstern]

We got into this segment of the market by accident....we were marketing like crazy and no one wanted to fund any deal that was below B+ paper and considering 8 out of every 10 apps was below a B+ we needed to fund those other apps or the marketing spend would not justify itself. So we took some capital and tried to fund our own declines and here we are today!

[J.Celifarco]

we got into this segment of the market by accident....we were marketing like crazy and no one wanted to fund any deal that was below b+ paper and considering 8 out of every 10 apps was below a b+ we needed to fund those other apps or the marketing spend would not justify itself. So we took some capital and tried to fund our own declines and here we are today!

seems like that test run paid off..

[NewFunder80]

We got into this segment of the market by accident....we were marketing like crazy and no one wanted to fund any deal that was below B+ paper and considering 8 out of every 10 apps was below a B+ we needed to fund those other apps or the marketing spend would not justify itself. So we took some capital and tried to fund our own declines and here we are today!

Isaac,

How did it work out for you? Do you think it was a good decision to start funding your own deals?

[J.Celifarco]

Isaac,

How did it work out for you? Do you think it was a good decision to start funding your own deals?

WOW, when you say newfunder you mean really new.. I would say well to quite well but I guess I should let Isaac answer the question himself

[AlexSMF]

GodfreyKneller-IsaacNewton-1689.jpg I cant believe you never heard of Isaac.

[isaacdstern]

Not a easy road at all to get to where we are today but currently we fund approximately 1200 deals a month for what I figure is 3/4 of the isos out there and our in house sales force.

In short yes it worked out 1000 X my wild dreams and I am grateful every day!

Isaac,

How did it work out for you? Do you think it was a good decision to start funding your own deals?

[bizloanbroker]

geese bro do you live on the moon, are you actually in our industry. I don't do business with yellow anymore because they have become way too corporate but they are probably the most known company in the space and Isaac is the most famous and accessible CEO ever. I don't work with them anymore but huge props to him for what he built from nothing.

Isaac,

How did it work out for you? Do you think it was a good decision to start funding your own deals?

[DealDealDeal]

Yulia - Is your company still up and running? How can we start utilizing your lead service and lead generation? uccfeed.com.

Please let me know as there is no phone number, email address, address or any contact information to call on.

Thank you!

[Funder Mark]

Yulia - Is your company still up and running? How can we start utilizing your lead service and lead generation? uccfeed.com.

Please let me know as there is no phone number, email address, address or any contact information to call on.

Thank you!

team@uccfeed.com.

[Sean Cash]

Yulia - Is your company still up and running? How can we start utilizing your lead service and lead generation? uccfeed.com.

Please let me know as there is no phone number, email address, address or any contact information to call on.

Thank you!

They announced that they left the industry last month.