[Karen37a]

Hard to quantify thru a message board , so many factors are in play.

# 1 the money that the lenders have is not a bottomless pit, they fund X amount of business per year each funder is different, they state the amount of funded advances in the past so therefore it can't be a bubble because more people want money then there is available no matter what anyone will say. They are not going to get it. Some don't qualify. These are unsecured so they have a limit. This isn't the Federal reserve printing money causing a bubble and inflation.
Ive raised money in private placements/ venture capital for years...limited funds ( nice to give the money away instead of taking it)

#2 Businesses pay back the money and never need it again,hit lotto, become cash flush from the $$ they used for expansion or growth , sell their business, pass it on to their kids, die or go bankrupt .Oh yeah, they renew as well and that's where the profit lies. Most lenders and brokers want Financially responsible borrowers to come back when they are at the true point of renewal and take more money. Not go out and dig yourself a hole default cause drama.

I want a huge book of business that I just call up and say..Hey happy birthday, Merry Christmas, Happy Chanukah , do you want more money? ( I do not have to call they are calling me/us before the halfway point and some are harassing me/us for more money, then saying ...well I will go somewhere else when told no you have to wait )

# 3 I am not going to go into the collection process, or tip anyone's hand but I think you send Vito to meet him in a back alley ( Joke).

#4 Merchants are not going to litigate, for what? Them borrowing money and breaking contractual agreements. Tortious interference. You keep bringing up 2nd 3rd positions etc. They sign something saying they are not going to do that, not over extend themselves. So they lie then they sue because they got caught in a lie or worse yet fraud?

You are new to this business/topic .People do crazy things for money. These merchants are not poor lil ole kindergarten teachers taken advantage of by a big bad bully . Some of them are con artists, some are ruthless business men ,some are nice..just like people you meet, it's on a case by case basis.


How many true friends do you have in real life? Why?

psst...the Lenders on here are not pushovers either, hence no one commenting. No one got to where they are, including me, by not being book smart, street smart and Financially savvy. Trust me they didn't make it to the top because they are millionaires handing out money not getting it back.They are millionaires who are business Financial gurus and know this business inside and out.



Gl in your quest.