Is this virus the death sentence for the mca industry?
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  1. #1
    Senior Member Reputation points: 86941
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    this is the tsunami first position funder's feared. first, stacking behind their positions already posed addtl risk in good times. now.. the companies who go shorter and smaller dollar always had more insulation than those who do bigger deals and go long. i actually think the A funders may have more liabilities than the shorter term stackers purely based on unit/debt owed basis

  2. #2
    Senior Member Reputation points: 338241
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    Quote Originally Posted by fundingsmbs View Post
    this is the tsunami first position funder's feared. first, stacking behind their positions already posed addtl risk in good times. now.. the companies who go shorter and smaller dollar always had more insulation than those who do bigger deals and go long. i actually think the A funders may have more liabilities than the shorter term stackers purely based on unit/debt owed basis
    Yeah....just wait until the bank that has the LOC in front of everyone that stacked stops all ACH payments to the stackers.......
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 32977
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Yeah....just wait until the bank that has the LOC in front of everyone that stacked stops all ACH payments to the stackers.......
    By then it's usually too late though.

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