[ADiamond]

To me the question was did JMP have an exclusivity and if not i was concerned why other large institutions were NOT using ondeck like chase.

Large Institution's view on our space:

1) Toxic, sub-prime product - if not from a credit perspective then from a cash-flow perspective that burdens the merchant & their business

2) Unregulated, toxic market - "alternative finance" ???? Big banks ARE finance, they don't need "alternative finance" (SEE: BITCOIN)

3) On deck's stock?

4) See #1 & #2 & #3 - think back to 2007-2008, and then look up definition for "risk-averse"

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PS - if my memory serves me correctly - I believe that whole relationship began yearssssss ago when Chase was supplying ODC with lines. I'm sure they did have some sort of exclusivity, if not at first - then eventually.