Alex Shvarts

So our average deal size is about $110,000.

And these are companies that are doing between one and 5 million a year in annual growth sales.

Very broad.

Everything from restaurants to e-com to medical.

There's some industries that we don't cater to at the moment.

Like what?

Like transportation and trucking.

They're really in trouble.

Those guys are really having a big hard time right now.

getting by.

We don't do bail bondsman.

So truckers, transportation, and we've pulled back a little bit on the construction industry.

Let's understand our product first.

I think that will break it down.

So what we do is called revenue-based finance.

We're buying future receivables based on historical sales.

And we're buying them at a discount.

So as the merchant is generating sales, we collect our receivables and we collect those receivables, a portion of those receivables to recover or I'm sorry, to to accumulate what we've purchased.

Right.

So let's say we bought one hundred thousand dollars worth of receivables.