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Johny Fernandez: So what does a
purchase percentage or specific

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percentage mean any merchant
cash advance contract?

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Sean Murray: Okay, so this feeds
into what I just said the

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specified percentage or the
purchase percentage and and

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merchant cash advance contract
is the percentage of revenue

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deposited in the merchant
account that the funder is

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supposed to collect. So if the
specified percentage or purchase

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percentage is 20%, and the
business that got funded

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deposits $1,000 in the bank
account, or then the funder is

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technically entitled to 20% of
it, or $200, but they bought the

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future revenue, and that
percentage dictates what

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percentage they're supposed to
collect up until they get the

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purchase amount back.