[CreditGuy]

OK - if we're going by that logic, where did you come up with these numbers and information? "best 4 months were +/-$80M each; ended June 06 - 7 months ago."

Out of his ass like in the last thread.

CAN completed a securitization late 2014 with S&P and DBRS. The prospectus has a lot details. Their book end of 2Q 2014 was $200M in assets under management. And in that same quarter they show a funded amount of $216M, which is $72M a month. That roughly paces them for a $1.5B run rate in 2015. They didn't grow 50% YOY in 2016, because nobody did (No, MCAguru, not even you.). Let's assume they grew 33% (which is generous and about what ONDK's last 10Q showed), that would pace them to $2B in gross funding in 2016, annualized, which is $166M a month. Certainly reasonable. The caveat though is that the same prospectus shows that in 2014 63% of their book was renewals. Renewals being what they are, it is fair to assume that number got much higher. I heard that over 75% of their book was now renewals. All in, I think it is very safe to say that they were booking $150M a month. If renewals were really 75% and most were right around 50%. We can take the $150M gross, multiply by 75% to get $112M in renewals bookings and $38M in new business. Only 50% of the renewals is net funded money, so $56M. That would put net funded amount around $94M. If renewals are less than 75% that net funded amount obviously goes up.