[Kevin Henry-Seacoast]

I am sorry... 104% cost of capital in any form is unacceptable I don't care how you spin it.

[abfunders]

I am sorry... 104% cost of capital in any form is unacceptable I don't care how you spin it.

Kevin, with due respect, that's a value judgement for the business to make. If I were to stand to make $1mm by taking $100,000 at 104%, I don't think there's anyone here that wouldn't do it. If it's going to be paid back within 4 months (which is the LoanMe client that they're looking for), it will not cost 104%.

Of course, most businesses won't be able to do it, but there is the place for the quick bridge.