[LoanMe]

previous thread

In reviewing the fixed payback product details your provided in the previous thread, you're taking $7k off $50k and leaving a merchant with only $43k. Even though it's 0% interest, you're taking such a huge chunk out with the origination fee it seems that the small business will likely fall into a need to borrow more, quicker, considering there are receiving significantly less than what they need.

We do have term loans as well, that offers lower origination fees and an interest rate. This fixed payback product you refer too has been called by many of our partners as the MCA look-a-like with a monthly payment.

In this example $43,000 paying back $50,000; the math is the same as a 1.16 factor MCA's use.

This matrix should also provide some more clarity: http://conta.cc/28NmNfb