I completely agree with margins, and I'm not actually sure how they structure their debt facility.
But for example, if they have to have the debt facility ready, so they're already paying interest on what they're holding, and zip users are spending 4x the amount in the same period of time that they would have initally spent the money before tap and zip,(ie to spend 4 x the amount, potentially they would recycle the debt faster) then would that mean even though the margins are lower, because of the volume spent during that same period, it would mean the margins would be larger(relative to potentially the same amount borrowed)?
As I said, I'm not that clued into how they are paying the interest on their debt, or how it is structured. But is that a possibility?
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