[1StopFunding]

It was pretty cool. There was an ISO training all day for merchant processing iso's. I didn't get there until the close of that session. Vantiv sponsored the opening reception. There was prime rib and roasted turkey and of course FREE drinks!! Mostly merchant processing companies setup, but I did talk to a few of the MCA funders who were exhibitors- Rapid, Merchant Cash and Capital, GRP, On Deck, Principis and 2 Miami companies were exhibitors I'd never heard of but seemed interesting- The Funding Tree and NextWave. The guy from Nextwave was proud that they use their own money for funding deals and never have to use outside investors. He was quite convincing in a "mafia" look kinda way. He said they fund the stuff my regulars won't- car dealers, collection companies, etc. Merchant Cash Group had reps floating around, but they were not an exhibitor. Had a very interesting conversation with guy from Principis and Nextwave about stacking. They both said they frown upon it, and if funders keep allowing it, it's going to ultimately lead to our industry being regulated. After I finished about 3 beers, it was really time for me to go home!!!!!!!

Headed out this morning, there's a lot of speakers today. AMX is springing for lunch today. I'm quite interested to hear their speech today on Business Lending.