[NoBigDeal]

We are seeing an uptick in defaults/workouts. Which is why we are continually evolving our underwriting/funding/collection model.

The irony is that at the same time our funding for Q1 2017 is up significantly over Q1 2016.

- Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

Dan,
I'm curious, as I've seen you mention that you track your merchants in order to make sure they don't stack again, are you saying that merchant's still go around your back and there is no "full-proof" system to ensure the merchant doesn't stack again? Or are they defaulting by simply stopping payments or other methods?

[dpFund]

Dan,
I'm curious, as I've seen you mention that you track your merchants in order to make sure they don't stack again, are you saying that merchant's still go around your back and there is no "full-proof" system to ensure the merchant doesn't stack again? Or are they defaulting by simply stopping payments or other methods?

We have seen some previous merchants stack on us, even with the preventions we put in place. But we have evolved our funding and client management model to address the issue.