[HDF]

OK your right but once on subject Here is what the pro's call them...

https://www.nerdwallet.com/blog/smal...deck-close-up/


Similarities to MCA companies

But OnDeck is similar to merchant cash advance companies in two key areas: On its website, it doesn’t disclose term-loan APRs, which are on the upper end at 98% as OnDeck has disclosed in a regulatory filing. Also, borrowers must make automatic daily or weekly payments.

OnDeck’s daily withdrawals can overwhelm borrowers, says Will Davis, CEO of online lender Able Lending. “It’s just the same as a merchant cash advance, effectively.”

“They look like a duck,” he says. “They walk like a duck, and they quack like a duck.”

Sean offers a certificate program for the pros.