Quote Originally Posted by FlexibleCapitalSolutions View Post
that doesn't answer any of my questions, will the merchants have to switch bank accounts to one of your choosing?
I am under the assumption that it does not require a lockbox or a switch of accounts. My impression is that it acts like a Split where it is taking a percentage of revenue, but does not have all the headaches of switching accounts. For example if the MCA was underwritten based on the revenue of 100K a month and hold back was 18%, then company revenue drops to 50K they will adjust the payment of 18% holdback on 50K.

Can you please clarify this Egor?