Alex Shvarts

More than that.

I'm just saying I have capacity to fund 30 million a month.

So how much capital have you raised total in debt funds that you can then, again, go... Both in debt and participation, almost $200 million.

Um, the average, what do you mean advanced rate?

We don't have any warehouse facilities or senior lines.

We don't take, we don't take on capital like that.

Right.

We have investment partners that participate in these transactions or these, um, um, contracts and that's how we structure it.

We have SPVs, but it's structured as participations, yes.

Some of them.

Some of it is participation, and some of it is balance sheet that we raise on a debt basis, but not senior lines or mezzanines.

That's structured notes.

Why'd you choose to go there?

I did another filing recently.

That number went up to like 22.8 or something.

I see something like.

We have a lot of participants that take down participation in deals.

No, we're holding way more than 20 million.

Okay.

Because, you know, we fund, we collect, we put more money out, right?