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Awesome information! Thanks @isaacdsternRYAN RIDGWAY Managing Partner, Strategic Capital
Office: 800.440.6448 | Direct: 816.298.0966 | Fax: 816.298.0857
10551 Barkley St. Suite 403 Overland Park, KS 66212
rridgway@capitalwithstrategy.com | www.capitalwithstrategy.com
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I just read your updates. It's wonderful to see the numbers compiled in one place!
I had a question about North American Bankcard, the merchant acquirer that you said owns 3 different merchant cash advance companies. Is it reasonable to assume that their merchant cash advances are all done the old fashion way by taking a percentage of credit card transactions? North American Bankcard must be in it for that reason right?
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Originally posted by platformlending View PostI just read your updates. It's wonderful to see the numbers compiled in one place!
I had a question about North American Bankcard, the merchant acquirer that you said owns 3 different merchant cash advance companies. Is it reasonable to assume that their merchant cash advances are all done the old fashion way by taking a percentage of credit card transactions? North American Bankcard must be in it for that reason right?
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5b, 17 years in the business, and $650m in syndicate funding, thats a major milestone
http://www.pymnts.com/news/2015/can-.../#.VZwfe429Kc0
Here's an interesting question though-pre loans, what was their lifetime funding and how quickly did the loan product , once introduced, boost their lifetime funding.Last edited by Loans; 07-07-2015, 03:58 PM.
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